Exceptional opportunity just minutes from Syracuse University. This two-unit multifamily offers tremendous upside for owner-occupants or student housing investors. Each unit features 3 bedrooms and 1 full bathroom, spacious layouts, full kitchens, third floor bonus rooms and strong rental potential. The property needs TLC but provides a chance to add value and significantly increase income in a prime rental corridor. Ability to convert to two 5 bedroom 2 bath unit with increased capital expenditures. Currently a 6-bedroom, 2-bath 2 unit property. The unfinished attic space offers expansion potential to increase density to a 5 bed 3 bath apartment, subject to permits. Please see conceptual floor plans. Per the architect's conceptual drawings (see attached), the total square footage could be 4,200 square feet.
Listing By
Agency Name: CNY Broker LLC
Agency Phone: 315-551-2998
Shown By
Agency Title: MJ Peterson Real Estate
Agency Phone: (716) 688-1234
Estimated Payment
$ 1,710.14 per month $1,224.06 Principal & Interest $325.67 Property Tax $160.42 Homeowner's Insurance
1115 E Genesee Street | MLS# S1662221
This multi-family property located at 1115 E Genesee Street, Syracuse, NY 13210 is currently listed for sale with an asking price of $550,000. E Genesee Street is located within the Syracuse school district. Search Syracuse real estate on www.mjpeterson.com today.