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200 1st St
Syracuse, NY 13209
Multifamily Property For Sale
·
5 Units
Investment Highlights
- Turn key 5 unit Building in the Village of Solvay .
- Very desirable rental area , property had 100% occupancy over the past couple years .
- Fully renovated with over $160,000 in Capital Improvements .
- $61,200 in yearly income with $44,063 NOI .
- strong cash flow on day 1 with upside on rent growth .
- Brand new Driveway / Parking installed Oct 2021
Property Facts
| No. Units | 5 | Building Size | 4,052 SF |
| Property Type | Multifamily | Average Occupancy | 100% |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Garden | Year Built/Renovated | 1975/2015 |
| Lot Size | 0.15 AC | Parking Ratio | 1.23/1,000 SF |
| Zoning | 03 - MULTI - 5 Family | ||
| No. Units | 5 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Lot Size | 0.15 AC |
| Building Size | 4,052 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built/Renovated | 1975/2015 |
| Parking Ratio | 1.23/1,000 SF |
| Zoning | 03 - MULTI - 5 Family |
Amenities
Unit Amenities
- Dishwasher
- Heating
- Ceiling Fans
- Kitchen
- Basement
- Double Pane Windows
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 3 | $875.00 | - |
| 3+1 | 1 | $1,350 | - |
| 2+1 | 1 | $1,100 | - |
Property Taxes
| Parcel Number | 313201-007-000-0002-021-001-0000 | Improvements Assessment | $107,300 |
| Land Assessment | $14,700 | Total Assessment | $122,000 |
Property Taxes
Parcel Number
313201-007-000-0002-021-001-0000
Land Assessment
$14,700
Improvements Assessment
$107,300
Total Assessment
$122,000
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