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120 Marvin Rd

Syracuse NY 13207

3
1
1228 sq. ft.
5522 sq. ft.
Single-Family
Currently for sale - view listing

Overview

3 Bed | 1 Bath | Cape Cod | Tenant-Occupied Investment Property Located in the established Elmwood neighborhood, this solid Cape Cod-style investment property offers immediate rental income and long-term stability for investors seeking performing assets in Syracuse’s active rental market. This 3-bedroom, 1-bath home is currently occupied by a long-term tenant paying $1,500 per month, providing reliable cash flow from day one. The property features a roof approximately 4 years old, helping reduce near-term capital expenses and adding to the overall value of this turnkey investment. Investment Highlights: ?? Long-term tenant in place paying $1,500/month ?? Newer roof (approx. 4 years old) ?? Stable rental location in Elmwood neighborhood ?? Strong cash-flowing asset for buy-and-hold investors ?? Classic Cape Cod layout with consistent rental demand This property is part of a portfolio package sale and must be sold together with: 141 Marvin Rd, Syracuse, NY 13207 S1663767 407 Grant Ave, Syracuse, NY 13207 S1663880 653 E Division St, Syracuse, NY 13208 S1663883 Perfect for investors looking to scale quickly with multiple income-producing properties across Syracuse. Portfolio provides diversified locations with existing rental income already in place.

Features

3 bedrooms
1 bathroom
1228 sq. ft. floor area
5522 sq. ft. lot size
Single-Family

Property history for 120 Marvin Rd

2016
Sold
$22,000
12 Feb 2016 by James Harriff, of RE/MAX Masters

Happy sellers in Syracuse

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Local market activity for 3 bedroom single-family properties in Syracuse

In the last 12 months, 61 three-bedroom single-family properties similar to 120 Marvin Rd, have been sold.

This represents a 31% increase in three-bedroom single-family properties sales when compared to the previous 12 months.

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