1412 Spring Street, Syracuse, New York

10 Unit Apartment Building - Fully Occupied

Property Details

For Sale

$450,000

Listing Information

  • MLS ® : S248628
  • Bedrooms: 0
  • Baths: 0
  • Partial Baths: 0
  • ft²: 10660
  • Lot Size: 56 x 198
  • Style: Apartment Building
  • Heat Source: Gas
  • Schools: Syracuse
  • Taxes: $12,000

Property Description

Great investment opportunity awaits in this renovated and well maintained 10 unit apartment building.  All units are fully rented with a waiting list.  Updates include new windows, driveway, bathroom showers/sinks, carpets, zone valves on boiler and new kitchen counter tops..  This investment property comes equipped with an energy management system with significant savings for the property owner.

10/2 Bedroom/1 Bathroom Units, Storage Units, Common Coin Operated Laundry.

Annual Gross Income= $80,000

Annual Expenses= $32,000 including property tax

Net Operating Income= $48,000


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  • 1412 Spring Street

Equal Housing Opportunity

Property information deemed reliable but not guaranteed and should be verified.

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Contact Information

Bob McTague - CNY Agent Realty Group
Coldwell Banker Prime Properties
6800 East Genesee Street
Fayetteville NY 13066
Cell: (315) 882-6610
Fax: (315) 446-0494

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