$219,900
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705 Oak St Syracuse, NY 13203
Multi-Family
Residence
6
Beds
4
Baths
...
Bed/Bath
4,254
Sq. Ft.
Property Activity
Time on Site
days
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Rare 4-unit apartment building on Syracuse's Northside. Many large updates to this property recently such as a brand new roof with new decking, 4 new hot water tanks, 4 new furnaces, new plumbing and 5 new electrical panels (5th is for house meter) and many interior updates such as new drywall, pain...t, flooring, misc kitchen/baths, etc. Each unit is separately metered for gas and electric. Landlord pays water/sewer, tenants pay their own utilities. There are two 2 bedroom units and two 1 bedroom units. 3 units rent for $850 each and the 4th unit rents for $775 a month. Property is the size of a double lot with plenty of parking. Property boasts a 22% cash-on-cash return with 20% down and is currently valued based on an 11.3% cap rate. Come add this property to your portfolio today!
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MLS#
S1533912
Property Type
Multi-Family
Bedrooms
6
Bathrooms
4 Full
Year Built
1930
Square Feet
4,254
sq. ft
Lot Size
0.17
Sewer
Sewer Connected
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