3401 South Salina Street, Syracuse, New York 13205, Syracuse, New York 13205
Bedrooms : 6
Bathrooms : 2
Square Footage : 2,844 Sqft
Visits : 1 in 3 days
$100,000
Features
Heating System :
Gas, Forced Air
Basement :
Full
Appliances :
Gas Water Heater
Architectural Style :
Duplex
Parking Features :
Two Or More Spaces, Garage, Gravel
Pool Expense : $0
Roof :
Asphalt, Shingle
Sewer :
Connected
Address Map
State :
NY
County :
Onondaga
City :
Syracuse
Zipcode :
13205
Street : 3401 South Salina Street, Syracuse, New York 13205
Floor Number : 0
Longitude : W77° 51' 34.1''
Latitude : N43° 0' 53.4''
MLS Addon
Office Name : Century 21 Tucci Realty
Association Fee : $0
Bathrooms Total : 2
Building Area : 2,844 Sqft
CableTv Expense : $0
Construction Materials :
Block, Concrete
DOM : 3
Electric :
Circuit Breakers
Electric Expense : $0
Exterior Features :
See Remarks, Private Yard
Fireplaces Total : 2
Flooring :
Hardwood, Varies
Garage Spaces : 2
Internet Address Display : 1
Internet Listing Display : 1
SyndicateTo : Realtor.com
Listing Terms : Conventional,FHA,VA Loan
Lot Features :
Rectangular, Residential Lot, Near Public Transit
LotSize Dimensions : 76X156
Maintenance Expense : $0
Parcel Number : 311500-076-000-0011-010-000-0000
Special Listing Conditions :
Standard
Stories Total : 2
Subdivision Name : Brightonton Area
Utilities :
Cable Available, Sewer Connected, Water Connected
Property Description
This property seems like a lucrative investment opportunity with its potential for high rental income. The fact that the owner has already made necessary repairs and painted the interior adds to its appeal. With two 3-bedroom apartments fetching an estimated rent of $1300 each, the gross annual income of $31,200 is promising.
For prospective buyers, the option of obtaining a mortgage with a 25% down payment of $21,250 makes it accessible, and the potential to recoup the down payment within the first year due to the high rental income is quite attractive.
Additionally, the property’s amenities such as off-street parking, proximity to shopping areas, small backyard reducing maintenance, and its location near Route 81 entrance and only 2 miles from Syracuse University make it appealing for tenants, potentially ensuring consistent occupancy.
Buyers are encouraged to consult with their agent or loan officer to assess the financial feasibility of this investment and to consider the potential for long-term returns. Overall, it appears to be a promising opportunity in the real estate market.
