110 Charles Ave | Syracuse, NY 13209
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- LoopNet Team
110 Charles Ave
Syracuse, NY 13209
Multifamily Property For Sale
·
4 Units
INVESTMENT HIGHLIGHTS
- Fully renovated and rented 4 family Building in the Village of Solvay
- Apt 2 rent is well below market per long term tenant /20+ years
- Professional property management is in place and willing to stay .
- $49,440 in yearly income and $36,516 NOI ($38,736 NOI with apt 2 and 3 at market rent )
- Great location in a very high demand rental area.
- Strong cash flow on day one with upside on rent growth on year 2 and 3 .
PROPERTY FACTS
| No. Units | 4 | Building Size | 2,380 SF |
| Property Type | Multifamily | Average Occupancy | 100% |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Garden | Year Built/Renovated | 1960/2015 |
| Lot Size | 0.11 AC | Parking Ratio | 1.68/1,000 SF |
| Zoning | 06 - INDUS - 4 Family | ||
| No. Units | 4 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Lot Size | 0.11 AC |
| Building Size | 2,380 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built/Renovated | 1960/2015 |
| Parking Ratio | 1.68/1,000 SF |
| Zoning | 06 - INDUS - 4 Family |
AMENITIES
UNIT AMENITIES
- Dishwasher
- Microwave
- Washer/Dryer
- Tile Floors
- Basement
- Double Pane Windows
- Vinyl Flooring
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 2+1 | 2 | $850.00 | - |
| 1+1 | 2 | $850.00 | - |
PROPERTY TAXES
| Parcel Number | 313201-010-000-0008-011-000-0000 | Improvements Assessment | $64,600 |
| Land Assessment | $13,400 | Total Assessment | $78,000 |
PROPERTY TAXES
Parcel Number
313201-010-000-0008-011-000-0000
Land Assessment
$13,400
Improvements Assessment
$64,600
Total Assessment
$78,000
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