727 N Alvord
Property Description
14.6% CAP RATE | GROSS INCOME: $33,600.00 | IMMEDIATE CASH FLOW Gross Annual Income: $33,600 Monthly Gross Income: $2,800 Annual Taxes: $3,181 A solid two-family investment with strong rents. Just a block from Demong Park. Well maintained with real, recent improvements - this is a property that's already producing income from day one. Month to Month Leases. PROPERTY FEATURES Apt 1: 2 bed / 1 bath - $1,300/mo (entrance in rear - windows), washer/dryer hookup in basement, Apt 2: 4 bed / 1 bath - $1,500/mo, (entrance in front) dedicated in-unit washer/dryer 33' x 99' lot with a private driveway Rear deck and detached shed, Lead paint inspection completed in 2026 RECENT UPDATES New boiler, Added washer/dryer hookups New flooring, Fresh paint throughout, Roof approximately 3 years old. Less than 10 minutes from the new IKEA, close to Onondaga Lake and the State Fairgrounds, and right in the middle of everything happening in Syracuse right now: colleges, Trader Joe's, Walmart, and a strong local restaurant scene. Whether the buyer is an investor or an end user who wants built-in rental income, this property is PERFECT! Note: Can be sold individually or as part of a multi-unit package
Key Property Information
| Listing Status: | Available |
|---|---|
| Listing Type: | Call for offers |
| Property Types: | Apartment Buildings |
| Price: | $195,000 |
| Year Built: | 1930 |
| Opportunity Zone: | No |
| Property Website | Click Here |
| Number of Bedrooms: | 6 |
| Number of Bathrooms: | 2 |
ID: 3yd-NYSMLS-11999458
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