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19/1617 Grant Boulevard

Syracuse NY 13208

4
2
1500 sq. ft.
9100 sq. ft.
Multi-Family
Currently for sale - view listing

Overview

This 2-family property is situated on a double lot with a large parking area. It must be sold as a package with the adjacent mixed-use property, 1621-1623 Grant Blvd, see MLS: S1652566. The total of 6 apartments are all separately metered and fully rented to long-term, stable tenants; currently generating close to $78,000 annual rent with significant upside. The pizzeria will be delivered vacant, it can be leased for additional income or you can open your own restaurant while using the rental income to cover costs. The space is fully furnished with all the necessary kitchen equipment and is in superb condition. The property also includes a large, recently paved parking lot providing ample parking space for tenants and customers. Recent improvements include newer mechanicals, updated electrical, plumbing, siding, windows, and much more. The property went through Syracuse’s lead program roughly 10 years ago and underwent a complete renovation inside and out. Both buildings are fully code compliant and will be delivered with an up-to-date Rental Registry and Certificate of Compliance. You do not want to miss this unique opportunity!

Features

4 bedrooms
2 bathrooms
1500 sq. ft. floor area
9100 sq. ft. lot size
Multi-Family

Happy sellers in Syracuse

100%
100% of sellers in Syracuse reported that their sale price either exceeded or met their price expectations.

Syracuse stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 3 reviews in Syracuse over the last 12 months.

Local market activity for 4 bedroom multi families in Syracuse

In the last 12 months, 20 four-bedroom multi families similar to 19/1617 Grant Boulevard, have been sold.

This represents a 12% decrease in four-bedroom multi families sales when compared to the previous 12 months.

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