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407 Grant Avenue

Syracuse NY 13207

4
2
2240 sq. ft.
4000 sq. ft.
Multi-Family
Currently for sale - view listing

Overview

Duplex | (2) Units – 2 Bed / 1 Bath Each | Fully Rented Investment Property Located in the desirable Strathmore neighborhood, this fully occupied duplex offers strong in-place cash flow and operational efficiency, making it an ideal addition to any investor’s portfolio. Each unit features 2 bedrooms and 1 bathroom, providing spacious layouts that appeal to long-term tenants. The property is currently fully rented with both units occupied, generating $2,300 per month in total rental income ($1,200 and 1,100 per unit). Separate gas and electric meters allow for improved expense management and increased investment efficiency, a highly desirable feature for long-term buy-and-hold investors. Investment Highlights: ?? Fully rented duplex producing $2,300/month ?? Two spacious 2 bed / 1 bath units ?? Separate gas and electric meters ?? Located in established and desirable Strathmore neighborhood ?? Strong tenant demand and consistent rental performance This property is part of a portfolio package sale and must be sold together with: 141 Marvin Rd, Syracuse, NY 13207 S1663767 120 Marvin Rd, Syracuse, NY 13207 S1663789 653 E Division St, Syracuse, NY 13208 S1663883 Ideal for investors seeking immediate scale with multiple performing assets across Syracuse’s proven rental corridors. Portfolio offers stabilized income with expansion potential.

Features

4 bedrooms
2 bathrooms
2240 sq. ft. floor area
4000 sq. ft. lot size
Multi-Family

Property history for 407 Grant Avenue

2020
Sold
$44,060
02 Jul 2020 by Antoinette Montgomery, of Kirnan Real Estate

Happy sellers in Syracuse

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We have insufficient information to provide an overview of customer satisfaction for Syracuse. Viewing the agent profiles, reviews and sales for Syracuse can provide insights for this location.

Local market activity for 4 bedroom multi families in Syracuse

In the last 12 months, 3 four-bedroom multi families similar to 407 Grant Avenue, have been sold.

This represents a 50% increase in four-bedroom multi families sales when compared to the previous 12 months.

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