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2215 James St
Syracuse, NY 13206
Multifamily Property For Sale
·
5 Units
Executive Summary
Benchmark Realty Advisors is pleased to present 2215 James Street. This Prime investment opportunity consists of 5 apartment units in an elegant mansion in the Eastwood neighborhood of Syracuse. The offering delivers stable in place income with defined paths to grow it, minutes from the region's largest employers and institutions.
With gross rents of $93,204 there is opportunity to add value by renting out the two vacant garages, bring the below market rents up, and add the already separated utilities to the tenants.
With gross rents of $93,204 there is opportunity to add value by renting out the two vacant garages, bring the below market rents up, and add the already separated utilities to the tenants.
Property Facts
| Price Per Unit | $137,800 | Building Class | C |
| Sale Type | Investment | Lot Size | 0.28 AC |
| Cap Rate | 7.12% | Building Size | 4,897 SF |
| No. Units | 5 | Average Occupancy | 100% |
| Property Type | Multifamily | No. Stories | 3 |
| Property Subtype | Apartment | Year Built/Renovated | 1890/2015 |
| Apartment Style | Garden | Parking Ratio | 2.04/1,000 SF |
| Zoning | MultiFamily - 03 - Multi | ||
| Price Per Unit | $137,800 |
| Sale Type | Investment |
| Cap Rate | 7.12% |
| No. Units | 5 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | C |
| Lot Size | 0.28 AC |
| Building Size | 4,897 SF |
| Average Occupancy | 100% |
| No. Stories | 3 |
| Year Built/Renovated | 1890/2015 |
| Parking Ratio | 2.04/1,000 SF |
| Zoning | MultiFamily - 03 - Multi |
Amenities
Unit Amenities
- Air Conditioning
- Balcony
- Cable Ready
- Dishwasher
- Fireplace
- Microwave
- Storage Space
- Washer/Dryer
- Heating
- Ceiling Fans
- Tile Floors
- Crown Molding
- Eat-in Kitchen
- Kitchen
- Hardwood Floors
- High Speed Internet Access
- Refrigerator
- Oven
- Range
- Tub/Shower
- Walk-In Closets
- Wi-Fi
- Yard
- Basement
- Deck
- Den
- Dining Room
- Double Pane Windows
- Freezer
- Garden
- Handrails
- Lawn
- Linen Closet
- Loft Layout
- Pantry
- Porch
- Smoke Free
- Vinyl Flooring
Site Amenities
- Laundry Facilities
- Video Patrol
- Gas Range
- Wi-Fi
- Storage Space
- Community-Wide WiFi
- Public Transportation
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+1 | 5 | - | 955 - 1,070 |
Property Taxes
| Parcel Number | 311500-021-000-0002-023-001-0000 | Improvements Assessment | $170,000 |
| Land Assessment | $30,000 | Total Assessment | $200,000 |
Property Taxes
Parcel Number
311500-021-000-0002-023-001-0000
Land Assessment
$30,000
Improvements Assessment
$170,000
Total Assessment
$200,000
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