Share this with your friends
+15853269699
Epique Realty
405 Pond Street, Syracuse, NY 13208
- $339,000
- 6
- BD
- 4
- BA
- 6,638
- SqFt
- List Price
- $339,000
- Status
- ACTIVE
- Days on Market
- 122
- Price Change
- ▼ $15,000 1789516227
- MLS#
- S1695711
- Subtype
- Residential
- Style
- Fourplex
- Architectural Style
- Fourplex
- Year Built
- 1940
- Bedrooms
- 6
- Bathrooms
- 4
- Full Baths
- 3
- Half Baths
- 1
- Living Area
- 6,638
- Lot Size
- 3,267
- Acres
- 0.08
- MLS Area Major
- Syracuse City
Property Description
Investor opportunity with strong in-place income and additional upside. 405 Pond Street is a mixed-use property featuring a 2,300 SF grocery store plus three residential apartments above. Current income includes a long-term grocery tenant paying $1,600/month, one apartment at $1,300/month, one apartment at $800/month, and a vacant top-floor apartment previously rented for $1,300/month.Gross monthly rent $5,000 Recent capital improvements include a new roof and three new boilers. Tenants pay their own utilities, with the owner responsible for water/sewer. Sale also includes 403 Pond Street, providing valuable off-street parking for approximately 10 vehicles. This is a strong cash-flowing asset with value-add potential through leasing the vacant apartment and optimizing rents.
Additional Information
- Taxes
- $6,486
- Property Description
- Fourplex
- Flooring
- Hardwood, Resilient, Varies
- Appliances
- Gas Water Heater
- Heating
- Gas, Baseboard, Forced Air, Hot Water
- Stories
- 3
- Roof
- Architectural, Shingle
- Foundation
- Block, Stone
- Parking Features
- Paved, Parking Available, Two or More Spaces
- School District
- Syracuse
How much is your home worth?
...get instant property value now!
Mortgage Calculator
Listing courtesy of Hunt Real Estate ERA. Contact: