Investors, don’t miss this high-income real estate opportunity in Syracuse, NY! This 7,500 sq/ft multi-family property features six (2-bedroom, 1-bath) apartments and has already undergone a full gut rehab with brand-new electrical and plumbing systems, setting the stage for final improvements.
Each apartment offers spacious layouts, attracting strong tenant demand. All utilities, including water, are separately metered, reducing operating expenses and maximizing rental income. Additionally, lower-level laundry hookups provide an opportunity for additional revenue.
With a projected annual gross rental income of $108,000 and major renovations complete, this property is turnkey-ready for an investor to finalize improvements, lease up units, and generate strong cash flow in the Syracuse rental market.
