Solid 3 family located on the Northside with HUGE cashflow potential. Large 3 bedroom/2 bath apartment on the first floor is rented to long term tenants for $950/mo. Upstairs there are two 2 bedroom/1 bath apartments, one is rented for $800/mo and the other is being left vacant. These rents are significantly below market and represent a value-add opportunity for the new owner. There are separate electric meters and one gas meter, so the landlord is responsible for heat, hot water, and common area electricity which in total averages $300/mo. Other features include newer furnace, replacement windows throughout, aluminum siding, and off-street parking. Some cosmetic work will be required but this is overall a solid property with spacious apartments and good overall structure.
Property Details
Price:
$159,900
MLS #:
S1561672
Status:
ActiveUnderContract
Beds:
7
Baths:
4
Address:
816 North Alvord Street
Type:
Multi Family
Subtype:
MultiFamily
Subdivision:
Northside
Neighborhood:
Syracuse City-311500
City:
Syracuse
Listed Date:
Aug 27, 2024
State:
NY
Finished Sq Ft:
3,726
Total Sq Ft:
3,726
ZIP:
13208
Lot Size:
5,180 sqft / 0.12 acres (approx)
Year Built:
1922
Units:
3
See this Listing
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Schools
School District:
Syracuse
Interior
Appliances
Gas Water Heater
Bathrooms
4 Full Bathrooms
Flooring
Hardwood, Laminate, Varies
Heating
Gas, Forced Air
Exterior
Architectural Style
Triplex
Construction Materials
Aluminum Siding, Frame, Steel Siding, Copper Plumbing
Parking Features
Twoor More Spaces
Roof
Asphalt, Shingle
Financial
Taxes
$3,572
Map
Community
- Address816 North Alvord Street Syracuse NY
- CitySyracuse
- CountyOnondaga
- Zip Code13208
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Listing courtesy of Acropolis Realty Group LLC,
© 2024 New York State Alliance of MLS’s NYSAMLS. Information deemed reliable, but not guaranteed. This site was last updated 2024-09-29.
© 2024 New York State Alliance of MLS’s NYSAMLS. Information deemed reliable, but not guaranteed. This site was last updated 2024-09-29.
816 North Alvord Street
Syracuse, NY
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