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FORMER ST. VINCENT DePAUL CONVENT 1101 Burnet Ave 16 Unit Apartment Building $350,000 ($21,875/Unit) Syracuse, NY 13203

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INVESTMENT HIGHLIGHTS

Historic 10,000 SF Three-Story Former Convent
Large Kitchen, Dining Room, Multiple Sitting Rooms, Offices, Screened Porch

25 Rooms Total – Currently 16 Sleeping Rooms and 3.5 Bathrooms
Great Location close to I-690, downtown Syracuse, SU and Hospitals

EXECUTIVE SUMMARY

Historic, brick, three-story 10,000 +/- SF former convent available for sale. This building has 25 total rooms, of which 16 rooms on the top two floors are dormitory style, with a sink and window and community bathrooms on each floor. Besides multiple sitting rooms throughout the building, the first floor features a large kitchen, dining room, living room multiple offices and the former chapel. The large, stone basement contains the boiler and mechanicals for the building. The building is currently attached via a hallway to the adjacent school, now used as a day care. Parking for the building will be shared with the day care operation and is accessible from Winton St. just off of Burnet Ave. Located in the City of Syracuse, the property is zoned Mixed-Use (MX-2). Great location, just one block west of the Teall Ave. access to I-690, Syracuse University, hospitals and downtown Syracuse.

1101 Burnet Flyer

PROPERTY FACTS

Price	$350,000	Building Class	C
Price Per Unit	$21,875	Building Size	10,089 SF
Sale Type	Investment	Average Occupancy	0%
No. Units	16	No. Stories	3
Property Type	Multifamily	Year Built	1930
Property Subtype	Apartment Office Office Residential	Parking Ratio	1.31/1,000 SF
Apartment Style	Low-Rise
Zoning	MX-2 - City of Syracuse MX-2 Zoning is Mixed-Use

Price	$350,000
Price Per Unit	$21,875
Sale Type	Investment
No. Units	16
Property Type	Multifamily
Property Subtype	Apartment Office Office Residential
Apartment Style	Low-Rise
Building Class	C
Building Size	10,089 SF
Average Occupancy	0%
No. Stories	3
Year Built	1930
Parking Ratio	1.31/1,000 SF
Zoning	MX-2 - City of Syracuse MX-2 Zoning is Mixed-Use