410 Seward Street, Syracuse, NY 13203
- $145,000
- 5
- BD
- 2
- BA
- 1,918
- SqFt
- List Price
- $145,000
- Status
- ACTIVE UNDER CONTRACT
- MLS#
- S1716976
- Year Built
- 1900
- Stories
- 2
- Bedrooms
- 5
- Bathrooms
- 2
- Acres
- 0.05
- Living Area
- 1,918
- Subdivision
- Heemans Tr
- Region
- Syracuse City
- Neighborhood
- Heemans Tr
Property Description
Investor opportunity with significant rental upside! This two-family property features Unit#1 a 3 bedroom, 1 bath unit and Unit #2 a 2 bedroom, 1 bath unit, both currently occupied by month-to-month tenants providing immediate income and future leasing flexibility. Current rents $825/unit are below market, creating strong potential to increase cash flow over time. Based on current Syracuse Section 8 Fair Market Rents of approximately $1,493 for a 2 bedroom and $1,808 for a 3 bedroom, there may be substantial room for income growth. Additional features include newer hot water tanks, separate electric panels, and vinyl windows. Current valid RR certificate. A solid opportunity for an investor looking to add a value-add multifamily property to their portfolio.
Additional Information
- Taxes
- $2,634
- Interior Features
- Natural Woodwork
- Exterior Features
- Deck, Fence
- School District
- Syracuse
- Water
- Connected, Public
- Sewer
- Connected
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Listing courtesy of Acropolis Realty Group LLC. Contact: