416-22 Boston Street Syracuse NY 13206 MLS #S1594889

Incredible 10-unit investment opportunity with strong rental income and major recent updates! This well-maintained property features a 2-year-old roof, newer furnaces and hot water tanks, plus a new driveway and retaining wall completed within the past year. Most units have been updated. 9 out of 10 units are fully rented, generating solid monthly income. The one current vacancy is being fully renovated—projected gross income around $129,300 annually once fully occupied. There is additional upside with room to increase rents to current market rates over time. The property also features coin-operated laundry and tenant storage units for added income. With major improvements already completed and a projected cap rate over 5% when fully rented, this is a true plug-and-play investment for any portfolio. Don’t miss your chance to secure this high-performing asset!