1624 West Genesee Street Syracuse, NY, 13204
$ 239,900Bedrooms Baths0.0 Sq 7,385
for $239,900. This 7,385 square foot home was built in 1900 on a lot size of 0.1573 Acre(s).
9 unit building with1 Studio, 6 1BR, 1 2BR, 1 3BR. Gross rents are $5710/mo, landlord pays gas/electric which averages about $700/mo. Formerly 10 units but two units were combined into one. All the major work has been done: brand new roof in 2018, exterior paint in 2017, newer high efficiency forced air furnace. Apartments need TLC but priced accordingly at only $27k per unit in desirable Tipp Hill neighborhood. Tons of potential, either renovate the apartments high end and increase rents or buy and hold for cashflow.
Appliances Range/Oven Refrigerator
Basement Full Basement
Flooring Hardwood Floors Vinyl Flooring Wall-to-Wall Carpet
Heating Source Gas
Heating System Forced Air Hot Water Heater: Gas Programable Thermostat
Water Source Connected
Driveway Blacktop Common
Lot Description Corner
Roof Asphalt Roof Shingle Roof
Location Near Public Transportation Neighborhood
Utilities Electric Circuit Breakers TV-Cable
Rental* Excluded Features
Rent Includes Electric Gas Heat Hot Water Water
List By Acropolis Realty Group Llc
- Monthly Principal & Interest
- Monthly Property Taxes
- Monthly Home Insurance
Default based on a 30-year fixed rate of 4.125% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Multi-family listings in Syracuse, NY
Average List Price $236,313
Percent of Sale Price 1 %
About Syracuse, NY
-1 % Since 2002
$ 32,840 Median Income
31.51 Median Age
25 % Households with Children