Apartment Complex
- $510,000/750000
Overview
- Apartment Complex
- 12
- 6
- 2
- 5194 sqft
- 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
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City: Syracuse
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State/county: New York
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Zip/Postal Code: 13209
Details
Updated on January 2, 2022 at 5:48 am-
Property ID 22638807
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Price $510,000/750000
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Property Size 5194 sqft
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Land Area 7500 sqft
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Bedrooms 12
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Bathrooms 6
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Garages 2
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Garage Size 400
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Year Built 1960
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Property Type Apartment Complex
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Property Status For Sale
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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
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Property Tax 8988
Floor Plans
- 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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