1265 W Genesee Street, Syracuse, NY 13204

$1,270,000
16
BD
13,167
SqFt

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List Price
$1,270,000
Status
ACTIVE
Days on Market
11
MLS#
S1714087
Subtype
Multi Family
Year Built
1940
Bedrooms
16
Living Area
13,167
Lot Size
9,500
Acres
0.22
Subdivision
Sackett
Neighborhood
Sackett
MLS Area Major
Syracuse City

Property Description

ATTENTION MULTIFAMILY INVESTORS! Opportunity awaits at 1265 W Genesee Street on Syracuse’s West Side! This 21-UNIT APARTMENT COMPLEX offers the size, location, improvements, and multiple income streams investors are looking for. Conveniently located just minutes from Downtown Syracuse, this three-story building sits on a 0.22-acre lot and features recently renovated units throughout. A major investment advantage TENANTS HAVE INDIVIDUAL UTILITY BILLS, with electric baseboard heat and individual A/C units, helping reduce owner-paid utility expenses. Public utilities service the property. Designed with convenience in mind, the property features a U-shaped driveway providing easy ingress and egress, plus a designated rear parking lot for tenants. Additional revenue opportunities include on-site coin-operated laundry and storage units available for additional monthly income. Built in 1940 and positioned in an established Syracuse rental market, this 21-unit property offers an opportunity to acquire a substantial multifamily asset with renovated units, tenant-paid utilities, parking, and supplemental income sources already in place. ADD 21 UNITS TO YOUR PORTFOLIO IN ONE TRANSACTION! Whether you're expanding an established multifamily portfolio or seeking your next investment opportunity, 1265 W Genesee Street deserves a closer look. The opportunity is here—this could be just the beginning!

Additional Information

Exterior Features
Blacktop Driveway
Taxes
$24,550
Flooring
Carpet, Luxury Vinyl, Resilient, Tile, Varies
Appliances
Electric Cooktop, Electric Water Heater, Gas Water Heater, Refrigerator
Heating
Electric, Gas, Baseboard
Stories
3
Roof
Asphalt
Parking Features
Driveway, No Garage, Shared Driveway
School District
Syracuse

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Calculator source: Real Geeks

Listing courtesy of Candy Costa Real Estate LLC. Contact: