1265 W Genesee Street
Property Description
ATTENTION MULTIFAMILY INVESTORS! Opportunity awaits at 1265 W Genesee Street on Syracuse's West Side! This 21-UNIT APARTMENT COMPLEX offers the size, location, improvements, and multiple income streams investors are looking for. Conveniently located just minutes from Downtown Syracuse, this three-story building sits on a 0.22-acre lot and features recently renovated units throughout. A major investment advantage TENANTS HAVE INDIVIDUAL UTILITY BILLS, with electric baseboard heat and individual A/C units, helping reduce owner-paid utility expenses. Public utilities service the property. Designed with convenience in mind, the property features a U-shaped driveway providing easy ingress and egress, plus a designated rear parking lot for tenants. Additional revenue opportunities include on-site coin-operated laundry and storage units available for additional monthly income. Built in 1940 and positioned in an established Syracuse rental market, this 21-unit property offers an opportunity to acquire a substantial multifamily asset with renovated units, tenant-paid utilities, parking, and supplemental income sources already in place. ADD 21 UNITS TO YOUR PORTFOLIO IN ONE TRANSACTION! Whether you're expanding an established multifamily portfolio or seeking your next investment opportunity, 1265 W Genesee Street deserves a closer look. The opportunity is here-this could be just the beginning!
Broker Details
CANDY COSTA REAL ESTATE LLC (315) 505-6609
MLS ID: COSTACA State License Number: 10491209117
Key Property Information
| Listing Status: | Available |
|---|---|
| Listing Type: | Call for offers |
| Property Types: | Apartment Buildings |
| Price: | $1,270,000 |
| No. of Units: | 21 |
| Year Built: | 1940 |
| Lot Size: | 13,167.00 Sq ft |
| Opportunity Zone: | No |
| Price per unit: | $60,476 |
| Property Website | Click Here |
| Number of Bedrooms: | 16 |
| Number of Bathrooms: | 0 |
ID: 3yd-BNARNY-S1714087
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