304 Court & Alvord Street N, Syracuse, NY 13208
sale
$4,830,000
|
Other
Courtesy Of CANDY COSTA REAL ESTATE LLC
RARE 58-UNIT MULTIFAMILY INVESTMENT OPPORTUNITY! Positioned at 304 Court Street & N Alvord Street in a convenient location within walking distance to major amenities, this substantial apartment complex offers investors immediate scale and multiple income-producing opportunities under one ownership. The property features an impressive unit mix of 42 studio-style one-room efficiencies, 4 one-bedroom apartments, 10 two-bedroom apartments and 2 three-bedroom units. Units are equipped with full-size refrigerators and electric stoves. Rent includes heat, hot water and electric, providing a straightforward rental structure for tenants. The complex is serviced by 3 boiler systems and 1 hot water tank. Owner-operated coin laundry on premises provides an additional revenue stream, while on-site management is available to assist with the day-to-day operation of this sizable investment. With 58 TOTAL APARTMENTS, diversified unit sizes, additional laundry income and a highly convenient location, this is an exceptional opportunity to acquire a significant multifamily asset and add substantial unit count to an existing portfolio. Whether expanding your current holdings or seeking a large-scale income-producing property, 304 Court Street & N Alvord Street deserves your attention. GREAT OPPORTUNITY AWAITS!
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Property Features
- Age: Over 50 Years Old
- Appliance: GasWaterHeater
- Appliance: RangeHood
- Appliance: Refrigerator
- Appliance: ElectricWaterHeater
- Appliance: ExhaustFan
- Building Units: 58
- Cooling System: Zoned
- Exterior Type: Cedar
- Floor Covering: Vinyl
- Floor Covering: Carpet
- Floor Covering: Varies
- Floors: 3
- Heating System: Zoned
- Heating System: Baseboard
- Heating System: Electric (Heating)
- Heating System: Natural Gas
- MLSID: S1712632
- Roof Type: Asphalt
- Rooms: Bedroom 10
- Rooms: Bedroom 14
- Rooms: Bedroom 13
- Rooms: Bedroom 12
- Rooms: Basement
- Rooms: Bedroom 11
- Rooms: Bedroom 16
- Rooms: Bedroom 15
- Rooms: Bedroom 3
- Rooms: Bedroom 2
- Rooms: Bedroom 1
- Rooms: Bedroom 7
- Rooms: Bedroom 6
- Rooms: Bedroom 5
- Rooms: Bedroom 4
- Rooms: Bedroom 9
- Rooms: Bedroom 8
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