827 Park StSyracuse, NY 13208

For Sale
$2,000,000

12-Unit Apartment Building, $2M

Overview

Added:
Dec 11, 2024
Days on market:
97
This exceptional 12-unit apartment building presents a lucrative investment opportunity in Syracuse, NY. Located at 827 Park Street, this beautifully remodeled property boasts 7,446 square feet across a two-story building constructed in 1930. Each of the twelve units features one bedroom, a newly renovated kitchen, and a modern bathroom. Recent upgrades include new windows throughout the building, updated electrical circuit breakers, new flooring, and brand new appliances in every unit. The property also benefits from a newly paved driveway. Tenants are responsible for their own utilities, contributing to a streamlined management process. Currently operating at 100% occupancy, this property offers a strong, immediate return on investment. This is part of a larger portfolio, but is being offered as a standalone investment. The building's prime location in Syracuse, within Onondaga County, and its excellent condition make it an attractive proposition for discerning investors seeking a stable and high-yielding asset. The asking price for this turnkey operation is $2,000,000. This is a rare opportunity to acquire a well-maintained, high-occupancy multifamily property in a desirable location. The property's strong rental income stream and recent renovations ensure a secure and profitable investment for years to come. The address is 827 Park St, Syracuse, NY 13208.

Property Details for 827 Park St

Property type
Multifamily properties, Apartment buildings
Square Feet
7,446 SF
Year Built
1930
Buildings
1
Stories
2
Units
12

Location Insight

City
Syracuse
County
Onondaga
State
New York
Latitude
43.0636938
Longitude
-76.1467413
827 Park St, Syracuse, New York

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827 Park St
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