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705 Oak Street

Syracuse, NY 13203
  • $219,900
  • STATUS: Active Under Contract
  • ON SITE: 56 Days
  • MLS #: S1533912
Under Contract
$219,900
  • 6
    BEDS
  • 0.17
    ACRES
  • 4
    BATHS
  • 0
    1/2 BATHS
  • 4,254
    SQFT
  • $52
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1930
County:

School Ratings & Info

School District:

Description

Rare 4-unit apartment building on Syracuse's Northside. Many large updates to this property recently such as a brand new roof with new decking, 4 new hot water tanks, 4 new furnaces, new plumbing and 5 new electrical panels (5th is for house meter) and many interior updates such as new drywall, paint, flooring, misc kitchen/baths, etc. Each unit is separately metered for gas and electric. Landlord pays water/sewer, tenants pay their own utilities. There are two 2 bedroom units and two 1 bedroom units. 3 units rent for $850 each and the 4th unit rents for $775 a month. Property is the size of a double lot with plenty of parking. Property boasts a 22% cash-on-cash return with 20% down and is currently valued based on an 11.3% cap rate. Come add this property to your portfolio today!

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©2024 CNYIS, GENRIS, WNYREIS. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither the listing broker(s) nor Symphony Real Estate, LLC shall be responsible for any typographical errors, misinformation, misprints, and shall be held totally harmless.

The data relating to real estate on this web site comes in part from the Internet Data Exchange (IDX) Program of NYSAMLS’s. Real estate listings held by firms other than Symphony Real Estate, LLC are marked with the IDX logo and detailed information about them includes the Listing Broker’s Firm Name. Data last updated: 2024-06-20T00:14:21.123.
www.symphonyofhomes.com/homes/149867758
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705 Oak Street Syracuse, NY 13203

  • Price: $219,900
  • Status: Active Under Contract
  • On Site: 56 Days
  • MLS #: S1533912
6
Beds
4
Baths
0
½ Baths
0.17
Acres
4,254
SQFT
$52
$/SQFT
1930
Built
Neighborhood:
Northside
County:
Onondaga
Area:
Syracuse City-311500
School District:
Syracuse
Property Description
Rare 4-unit apartment building on Syracuse's Northside. Many large updates to this property recently such as a brand new roof with new decking, 4 new hot water tanks, 4 new furnaces, new plumbing and 5 new electrical panels (5th is for house meter) and many interior updates such as new drywall, paint, flooring, misc kitchen/baths, etc. Each unit is separately metered for gas and electric. Landlord pays water/sewer, tenants pay their own utilities. There are two 2 bedroom units and two 1 bedroom units. 3 units rent for $850 each and the 4th unit rents for $775 a month. Property is the size of a double lot with plenty of parking. Property boasts a 22% cash-on-cash return with 20% down and is currently valued based on an 11.3% cap rate. Come add this property to your portfolio today!
Exterior Features

Architectural Style Fourplex Construction Materials Shake Siding Lot Features Residential Lot Parking Features Gravel Road Frontage Type City Street Waterfront YN No

Interior Features

Appliances Gas Water Heater Basement Full Basement YN Yes Fireplace YN No Fireplaces Total 0 Flooring Hardwood Varies Heating Gas Forced Air Heating YN Yes Levels Two Living Area 4254

Property Features

Listing Terms Cash Conventional Possession Close Of Escrow Property Condition Resale Property Sub Type Multi Family Rent Includes Water Sewer Connected Special Listing Conditions Standard Tax Annual Amount 3348 Utilities Sewer Connected Water Connected Water Source Connected Public Year Built Details Existing

Greater Rochester Association of Realtors logo Listing information © 2024 CNYIS, GENRIS, WNYREIS. Listing provided by Dante Belmonte of Hunt Real Estate ERA : .
©2024 CNYIS, GENRIS, WNYREIS. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither the listing broker(s) nor Symphony Real Estate, LLC shall be responsible for any typographical errors, misinformation, misprints, and shall be held totally harmless.

The data relating to real estate on this web site comes in part from the Internet Data Exchange (IDX) Program of NYSAMLS’s. Real estate listings held by firms other than Symphony Real Estate, LLC are marked with the IDX logo and detailed information about them includes the Listing Broker’s Firm Name. Data last updated: 2024-06-20T00:14:21.123.
 
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