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405 Cogswell Ave
Syracuse, NY 13209
405 Cogswell Ave · Multifamily Property For Sale · 6 Units

INVESTMENT HIGHLIGHTS

  • Turn Key 6 unit property in a high demand rental area .
  • Fully renovated property with over $170,000 in capital Improvements .
  • Projected $77,940 Annual Income when all rents are at market rates.
  • $75,120 in yearly income with $55,064 NOI.
  • Great property to add to any size portfolio or start building one.

PROPERTY FACTS

No. Units 6
Property Type Multifamily
Property Subtype Apartment
Apartment Style Garden
Building Class C
Lot Size 0.14 AC
Building Size 5,194 SF
Average Occupancy 100%
No. Stories 2
Year Built/Renovated 1960/2014
Parking Ratio 1.16/1,000 SF
Zoning R - Commercial; Residential

AMENITIES

UNIT AMENITIES

  • Cable Ready
  • Dishwasher
  • Microwave
  • Heating
  • Tile Floors
  • Eat-in Kitchen
  • Kitchen
  • Hardwood Floors
  • Refrigerator
  • Attic
  • Basement
  • Deck
  • Double Pane Windows
  • Smoke Free

UNIT MIX INFORMATION

DESCRIPTION NO. UNITS AVG. RENT/MO SF
2+1 4 $1,098 -
1+1 2 $915.00 -

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
313201-007-000-0008-008-000-0000
Land Assessment
$15,000
Improvements Assessment
$109,000
Total Assessment
$124,000
  • Listing ID: 22638807

  • Date on Market: 4/4/2021

  • Last Updated:

  • Address: 405 Cogswell Ave, Syracuse, NY 13209

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