101 Herkimer Street, Syracuse, NY 13204 (MLS # S1582992)
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Investment Opportunity: Fully Rented 3-Unit Multi-Family Property with Upside Potential Discover an exceptional investment opportunity with this fully occupied 3-unit multi-family property. Each unit is separately metered, with tenants responsible for their own utilities, ensuring low operational costs and streamlined management. Currently, rents are below market value, presenting immediate upside potential for increased cash flow through rent adjustments. The property benefits from professional property management already in place, with the management team willing to stay on board to ensure a seamless transition and continued operational efficiency. Whether you’re a seasoned investor looking to add to your portfolio or a newcomer seeking a low-maintenance, income-generating asset, this property offers both stability and significant growth potential. Don’t miss out on this value-add opportunity
| DAYS ON MARKET | 10 | LAST UPDATED | 1/13/2025 |
|---|---|---|---|
| YEAR BUILT | 1920 | COMMUNITY | Syracuse City-311500 |
| GARAGE SPACES | 3.0 | COUNTY | Onondaga |
| STATUS | Conditional | PROPERTY TYPE(S) | Single Family |
| School District | Syracuse |
|---|
| ADDITIONAL DETAILS | |
| APPLIANCES | Gas Water Heater |
|---|---|
| AREA | Syracuse City-311500 |
| BASEMENT | Full, Yes |
| CONSTRUCTION | Aluminum Siding, Steel Siding |
| GARAGE | Yes |
| HEAT | Forced Air, Gas |
| LOT | 7501 sq ft |
| LOT DESCRIPTION | Rectangular, Residential Lot |
| LOT DIMENSIONS | 50x150 |
| PARKING | Two or More Spaces |
| SEWER | Connected |
| STORIES | 2 |
| TAXES | 5312 |
| UTILITIES | Sewer Connected,Water Connected, |
| WATER | Connected,Public |
MORTGAGE CALCULATOR
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Listing provided by: Zachary Johnson, Hunt Real Estate Era
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