321 Fayette StSyracuse, NY 13202

For Sale
$650,000

20-Bedroom Apartment Building w/ Commercial Space

Overview

Added:
Feb 3
Days on market:
43
This exceptional investment opportunity presents a well-located multifamily property at 321 W Fayette St, Syracuse, NY. The building boasts a substantial 8,392 square feet situated on a conveniently sized 0.05-acre lot. The property's key feature is its impressive 20 bedrooms, providing significant rental income potential. A large commercial space occupies the first floor, currently leased and generating income. The existing tenant is in operation, and prospective buyers are asked to refrain from disturbing the business. This turnkey investment offers immediate cash flow and strong potential for future appreciation. The property's central Syracuse location offers easy access to local amenities, transportation, and a vibrant urban environment. Financial details are available upon request, including current lease terms and income statements for the commercial space. This is a rare chance to acquire a well-maintained, income-producing multifamily property in a desirable location. Serious inquiries only. The asking price for this exceptional opportunity is $650,000. Don't miss out on this chance to add a high-performing asset to your portfolio.

Property Details for 321 Fayette St

Property type
Residential income properties, Multifamily properties
Square Feet
8,392 SF
Year Built
1920
Lot Size (sq. ft)
2,178 SF

Location Insight

City
Syracuse
County
Onondaga
State
New York
Latitude
43.04851
Longitude
-76.15623
321 Fayette St, Syracuse, New York

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321 Fayette St
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