312-14 Broad Street
Syracuse, NY, 13210
$329,900
6 Beds
2 Baths
2,364 SqFt
0.13 Acres
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TURN KEY INVESTMENT PROPERTY, START TO COLLECT RENTS RIGHT AFTER CLOSING, LEASE EXPIRATION 7/2025. LOCATION…LOCATION…LOCATION…This well-maintained multifamily property is a great investment opportunity for anyone looking to own a rental. There is a unit on the first floor and one on the second floor of the property. Each unit features 3 bedrooms, a full bath, a kitchen, and a comfortable living room area. The downstairs unit is currently occupied by a great long-term tenant. The upstairs unit is also occupied by a tenant. Currently, the rent paid by each tenant is on the lower end for the market of a 3-bedroom rental, and there is room to increase by any of the buyers; whether it’s for a new tenant or slowly raise the rent for the current tenants. The property also has a driveway that can fit at least 2 vehicles. Situated in a convenient location in the University neighborhood; close proximity to schools, shopping, parks, and public transportation. This is a multi-family is a great rental investment that won’t last long.

Property Details

Price:
$329,900
MLS #:
S1564736
Status:
Active
Beds:
6
Baths:
2
Address:
312-14 Broad Street
Type:
Multi Family
Subtype:
MultiFamily
Subdivision:
Kensington Park
Neighborhood:
Syracuse City-311500
City:
Syracuse
Listed Date:
Sep 14, 2024
State:
NY
Finished Sq Ft:
2,364
Total Sq Ft:
2,364
ZIP:
13210
Lot Size:
5,632 sqft / 0.13 acres (approx)
Year Built:
1926
Units:
2
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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
Carpet, Ceramic Tile, Hardwood, Varies
Heating
Gas, Forced Air

Exterior

Construction Materials
Vinyl Siding, Copper Plumbing, Pex Plumbing
Exterior Features
Balcony
Parking Features
Paved, Two Or More Spaces
Roof
Asphalt

Financial

Net Operating Income
$20,488
Taxes
$5,495

Map

Community

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312-14 Broad Street
Syracuse, NY