James Q. Collins

1115 E Genesee Street, Syracuse, NY 13210

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Property Description

Exceptional opportunity just minutes from Syracuse University. This two-unit multifamily offers tremendous upside for owner-occupants or student housing investors. Each unit features 3 bedrooms and 1 full bathroom, spacious layouts, full kitchens, third floor bonus rooms and strong rental potential. The property needs TLC but provides a chance to add value and significantly increase income in a prime rental corridor. Ability to convert to two 5 bedroom 2 bath unit with increased capital expenditures. Currently a 6-bedroom, 2-bath 2 unit property. The unfinished attic space offers expansion potential to increase density to a 5 bed 3 bath apartment, subject to permits. Please see conceptual floor plans. Per the architect's conceptual drawings (see attached), the total square footage could be 4,200 square feet.

1115 E Genesee Street | MLS# S1662221

This multi-family property located at 1115 E Genesee Street, Syracuse, NY 13210 is currently listed for sale with an asking price of $550,000. E Genesee Street is located within the Syracuse school district. Search Syracuse real estate on james-collins.timberlandproperties.com today.

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Property Features

Property Type: Multi Unit - Multiple
Basement: Full
Heating: Gas, Forced Air
Home Style: Duplex
Lot Size: 0.10 Acres
Roof Type: Asphalt
Stories: 2.0
Taxes: $3,908
Year Built: 1920

Feature Descriptions

Appliances: Gas Water Heater
Days on Site: 18
Exterior: Composite Siding
Flooring: Hardwood, Tile, Varies
Lot: Rectangular, Rectangular Lot, Residential Lot
Lot Dimensions: 38X110
Parcel#: 311500-048-000-0006-011-000-0000
Parking: Common
Parking Notes: Common
Patio/Porch: Covered, Porch
Sewer: Connected
Units: 2
Utilities: Sewer Connected, Water Connected
Water: Connected, Public

Local Schools

School District: Syracuse

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Estimated Payment

$ 1,710.14 per month $1,224.06 Principal & Interest $325.67 Property Tax $160.42 Homeowner's Insurance

Change Payment Information

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yearly (est.)
(Payments are an estimate and may vary by lender)

Demographics

Listed By / Shown By

Listing By

Agency Name: CNY Broker LLC
Agency Phone: 315-551-2998

Shown By

Agent Name: James Q. Collins
Agent Phone: (201) 214-3621 Cell
Agency Title: Timberland Properties

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