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567 Valley Drive
Syracuse, NY 13207
MLS# S1451438 ID: 79595183
4959 sq.ft.
$490,000
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Property Description
5 + Unit Apartments - Syracuse, NY Great opportunity to own this rare find investment property. 18 units altogether divided into three buildings. Very well maintained, all roofs are no more than 10 years. Kitchens are updated. Each building has a studio, rented @$400/month, 1 one bedroom apartment, one rented for $480/month and the other two for @$500/month and 6 two bedroom apartments, @$560/month. Fully occupied by long term tenants. Current rents are on the low side and can be up substantially. The property has a newly repaired and code compliant sewer line system just recently installed. Landlord pays for water and electricity as well as common area. Heating is solely controlled by landlord. What a great return for your investment! BEST & FINAL offers to be submitted by 1/19/2023 at 9 p.m.
Property Features
Status
Days On Market
Last Updated March 21, 2023
Market Status Sale Pending
Description
Property Type Rental Complex For Sale
Year Built 1950
Approx. Lot Size .29 Acres
Sq. Feet 4959
Appliances
Refrigerator
Washer
Dryer
Oven Gas
Range
Building Features
Heating System Baseboard; Hot Water
Roof Asphalt
Stories 3.0
Heating Fuel Electric
Exterior Features
Exterior Construction Brick; Vinyl Siding
Interior Features
Floors Hardwood; Vinyl; Wood
Legal/Financial
Taxes 15898
Listing Features
Property Type MultiFamily; Apartment
Offered By:
Maria Fong Sheehan
Berkshire Hathaway CNY Realty

Data Provided by Greater Syracuse Association of Realtors

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