131 Strong Avenue
Syracuse, NY, 13210
$199,900
4 Beds
2 Baths
1,724 SqFt
0.16 Acres
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Cash Flowing investment 2-family in prime location on quiet Strong Ave. $40K+ in renovations & property improvements! Walking or biking distance to the University. Each apartment has renovated large kitchens and bathrooms, 2 spacious bedrooms/1 bath, modern open floor plan, large windows for tons of natural sunlight, high ceilings, wood flooring, & private entrances.

1st floor unit: new gas stove, ceiling remodel in secondary bedroom, large kitchen w/ tons of cabinetry, remodeled laundry room. Washer, dryer gas stove, and fridge in the unit will convey at closing. 954 SF.

2nd floor unit updates: ceiling remodel in primary bedroom, removed wall to make the living room larger to complete the modern open kitchen/dining/living room floor plan. Bathroom flooring & updates will amaze. Previous tenants had an apartment washer & dryer in the unit. 770 SF.

Improvements include: shed in backyard for storage, interior freshly painted throughout, 1 water heater (2022), electrical, flat roof (2022), pitched roof (2018), both furnaces (2018) gutters, retaining wall, installed drainage system in yard, landscaping / tree removal, new vented glass block windows in the basement & much more.

Both units will be vacant prior to closing. Units always rent quickly & typically have long term tenants. Could be students, mid term or long term rental or owner occupy. Separate utilities. 2 furnaces, 2 hot water heaters, 2 electrical panel, 2 electric meters. Separate utilities. Both units have shared access to full attic & basement for storage. Grosses around $30,600 per year to keep as-is for cash flow day 1. Add or start your investment portfolio today!

Property Details

Price:
$199,900
MLS #:
S1576455
Status:
Active
Beds:
4
Baths:
2
Address:
131 Strong Avenue
Type:
Single Family
Subtype:
Duplex
Subdivision:
Curtis Prop
Neighborhood:
Syracuse City-311500
City:
Syracuse
Listed Date:
Nov 13, 2024
State:
NY
Finished Sq Ft:
1,724
Total Sq Ft:
1,724
ZIP:
13210
Lot Size:
7,065 sqft / 0.16 acres (approx)
Year Built:
1915
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Schools

School District:
Syracuse
Elementary School:
Edward Smith K-8
High School:
Nottingham High

Interior

Appliances
Gas Water Heater
Bathrooms
2 Full Bathrooms
Flooring
Hardwood, Other, See Remarks, Varies, Vinyl
Heating
Gas, Forced Air
Laundry Features
Washer Hookup

Exterior

Architectural Style
Duplex
Construction Materials
Wood Siding
Exterior Features
Deck, Private Yard, See Remarks
Parking Features
Gravel, Two Or More Spaces
Roof
Asphalt, Flat, Shingle

Financial

Net Operating Income
$22,080
Taxes
$4,680

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Community

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131 Strong Avenue
Syracuse, NY