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Price $399,900

505 Cogswell Avenue, Geddes, New York 13209, Geddes, New York 13209

  • Bedrooms : 7
  • Bathrooms : 3
  • Square Footage : 2,410 Sqft
  • Visits : 4 in 2 days
$399,900
Features
Heating System :
Electric, Gas, Baseboard, Forced Air
Basement :
Full
Appliances :
Gas Water Heater
Architectural Style :
Triplex
Parking Features :
Two Or More Spaces, Paved
Pool Expense : $0
Sewer :
Connected
Address Map
State :
NY
County :
Onondaga
City :
Geddes
Zipcode :
13209
Street : 505 Cogswell Avenue, Geddes, New York 13209
Floor Number : 0
Longitude : W77° 46' 54.8''
Latitude : N43° 3' 31.1''
MLS Addon
Office Name : Hunt Real Estate ERA
Association Fee : $0
Bathrooms Total : 3
Building Area : 2,410 Sqft
CableTv Expense : $0
Construction Materials :
Vinyl Siding
Electric Expense : $0
Flooring :
Carpet, Hardwood, Varies, Luxury Vinyl
Internet Address Display : 1
Internet Listing Display : 1
SyndicateTo : Realtor.com
Listing Terms : Cash,Conventional,FHA,VA Loan
Lot Features :
Rectangular, Residential Lot, Rectangular Lot
LotSize Dimensions : 50X125
Maintenance Expense : $0
Parcel Number : 313201-008-000-0001-012-000-0000
Special Listing Conditions :
Standard
Stories Total : 2
Utilities :
Sewer Connected, Water Connected
Virtual Tour : Click Here
Property Description

Welcome to 505 Cogswell Avenue, a well-maintained triplex located in the heart of Solvay, offering the benefit of Solvay Electric for incredibly low utility costs. Owned and cared for by the same owner for nearly 15 years, this property presents an excellent opportunity for both investors and owner-occupants.
Unit 1 is a spacious 4-bedroom, 1-bathroom apartment that has been fully renovated from top to bottom. Upgrades include new vinyl flooring, carpet, trim, cabinets, countertops, appliances, bathroom fixtures, electrical wiring, outlets, and more. This unit is currently vacant, offering flexibility—move in and let the other two units pay your mortgage, or rent it at market rate for $1,700+ per month for strong cash flow.
Unit 2 is a 2-bedroom apartment recently updated and currently rented at $700/month on a month-to-month lease.?Unit 3 is a 1-bedroom unit, also renovated, and currently rented at $600/month, also month-to-month.?Both are significantly below market rents, offering upside for increased income.
Each unit is separately metered:
• Unit 1: Gas furnace
• Unit 2: Gas furnace
• Unit 3: Electric baseboard heat.
Each unit has its own gas meter (National Grid), electric meter (Solvay Electric), and hot water tank.?Landlord only pays for water/sewer.
Additional highlights include:
• Roof replaced in 2010
• Off-street parking for multiple vehicles
• Laundry hookups in the basement for Units 1 and 2
Whether you’re looking to house hack or add a strong-performing asset to your portfolio, this property delivers both cash flow potential and long-term value. Schedule your showing today!

Basic Details
Property Type : Residential
Listing Type : For Sale
Listing ID : S1620332
Price : $399,900
Bedrooms : 7
Bathrooms : 3
Square Footage : 2,410 Sqft
Year Built : 1904
Lot Area : 6,250 Sqft
Status : Active
Property Sub Type : Multi Family
Agent info
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