104 Peck Avenue, Syracuse, NY 13206

$285,000
5
BD
3
BA
2,750
SqFt

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List Price
$285,000
Status
ACTIVE
MLS#
S1716679
Year Built
1890
Stories
3
Bedrooms
5
Bathrooms
3
Acres
0.12
Living Area
2,750
Region
Syracuse City

Property Description

**Rare 3-Unit Investment Opportunity — Excellent Tenants & Strong Rental Income!** Don’t miss this exceptional opportunity to own a well-maintained three-unit property in a highly desirable neighborhood and on a wonderful block. This property has been in the same ownership for approximately 14 years and is now being offered for sale, creating a rare opportunity for a new owner to get in. The property features **two spacious two-bedroom apartments** plus a **large one-bedroom attic apartment**, which offers the potential to be partitioned into a two bedroom. The property currently generates **$2,950 per month in combined rental income, or $35,400 annually**, with all three units occupied by wonderful tenants on **annual leases**. A major benefit for investors is the property's separate utility setup. Each apartment has its **own furnace and hot water heater**, along with **separate electric and gas meters**, allowing tenants to be responsible for their own utilities. The property also features a **full basement** providing convenient access to the mechanical systems and additional storage space. Outside, there is a **large off-street parking area in the rear**, providing valuable parking for the tenants and adding to the property's overall appeal. With solid rental income, long-term tenants, separate utilities, off-street parking, and additional potential in the attic apartment, this is an excellent opportunity to add a three-unit property to your investment portfolio. **Properties like this do not come on the market often. After approximately 14 years of ownership, this property is now available — don't miss your opportunity.** **Call the Owner/Broker today for additional information or to schedule a showing.**

Additional Information

Exterior Features
Balcony
Style
Triplex
School District
Syracuse
Water
Connected, Public
Sewer
Connected

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Calculator source: Real Geeks

Listing courtesy of Mauro Bros Real Estate Ser LLC. Contact: