For Sale
For sale by Owner
Apartment Complex
405 Cogswell Ave
Overview
Property ID: 22638807
- Apartment Complex
- 12
- 6
- 2
- 5194
- 1960
Description
Fully renovated and rented 6 unit Property in the village of Solvay .
This 6 unit property have been completely renovated and is 100% Leased with great tenants in place .
Property is located in the village of Solvay which is very desirable for renters .
Great Location , with in minutes from all major highways and Hospitals , Only 5 minutes from Destiny USA mall
and Downtown Syracuse , 10 min from SU.
Address
Open on Google Maps- Address 405 Cogswell Ave
- City Syracuse
- State/county New York
- Zip/Postal Code 13209
Details
Updated on January 2, 2022 at 5:48 am- Property ID: 22638807
- Price: $510,000/750000
- Property Size: 5194 sqft
- Land Area: 7500 sqft
- Bedrooms: 12
- Bathrooms: 6
- Garages: 2
- Garage Size: 400
- Year Built: 1960
- Property Type: Apartment Complex
- Property Status: For Sale
- Property Assessment: Each tenant pay for his apt utilities (heat /electric /cable ) Enjoy strong Cash flow on day one and for many more years to come ,this is a truly plug and play operation The property have ideal setup with a 4 family building in the front and a 2 family building in the back. professional property management is in place and willing to stay . Listing Broker is also owner of coral real estate LLC
- Property Tax: 8988
Floor Plans
405 Cogswell Ave
- Size: 5194
- 12
- 6
- Price: $85,000 / Per unit
Description:
Turn Key 6 unit property in a high demand rental area . Fully renovated property with over $170,000 in capital Improvements .
$69,636 in yearly income with $49,984 NOI. Great property to add to any size portfolio or start building one.
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