508 West Brighton Avenue Syracuse NY 13205 MLS #S1608313

Welcome to Brighton Place Townhouses — an exceptional investment opportunity to
acquire a fully occupied apartment complex featuring 38 identical 2-bedroom, 1-bath
townhome-style units. Each unit includes both front and rear entrances, a spacious
living room with hardwood floors, and a full kitchen on the main level. Upstairs, you’ll
find two bedrooms and a full bathroom.
Every unit also includes a private basement along with individual furnaces, water
heaters, and separate gas and electric meters. Tenants are responsible for their own
utilities, with the exception of water and sewer. The property offers ample parking for all
residents, plus 14 garage bays.
The complex benefits from stable occupancy, and over two-thirds of the rental income is
guaranteed through subsidies. Significant upside exists in raising rents, and a
fresh Certificate of Compliance has just been issued.

Offered at $2.85M, this investment delivers a strong 10% cap rate.