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- LoopNet Team
106 Garden City Dr
Syracuse, NY 13211
106 Garden City Drive · Multifamily Property For Sale
·
4 Units
Property Facts
About 106 GARDEN CITY DR , SYRACUSE, NY 13211
Cash flow is the name of the game! The rents on this property are grossly under market rate. All units are separate metered for electricity and gas. Front building roof age is 3 years old. Middle Cottage is unknown. Back building roof is 9 months old. This property currently performs at a 7.42% leaving out no expenses at all. When rents are at market rate, property will perform at 9.48% cap rate and 15.04% Cash-On-Cash return. Contact listing agent for financials and lease contracts. Property is 100% occupied. All tenants are on month-month leases. Turn key property.
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 3+1 | 1 | $842.50 | - |
| 2+1 | 2 | $722.50 | - |
| 1+1 | 1 | $695.00 | - |
Property Taxes
| Parcel Number | 314889-053-000-0004-021-000-0000 | Improvements Assessment | $156,500 |
| Land Assessment | $11,800 | Total Assessment | $168,300 |
Property Taxes
Listing ID: 18629766
Date on Market: 2/24/2020
Last Updated:
Address: 106 Garden City Dr, Syracuse, NY 13211
The Mattydale Multifamily Property at 106 Garden City Dr, Syracuse, NY 13211 is no longer being advertised on LoopNet.com. Contact the broker for information on availability.