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719 Second North Street

Syracuse NY 13208

3
2
1152 sq. ft.
4901 sq. ft.
Multi-Family
Currently for sale - view listing

Overview

Excellent investment opportunity! This fully tenant-occupied two-unit multifamily property sits on a corner lot at the intersection of Bear Street and Second North Street, offering convenient access to downtown Syracuse, major highways, shopping, dining, and local amenities. The property consists of a spacious first-floor 2-bedroom, 1-bath unit currently rented for $1,300 per month and a second-floor 1-bedroom apartment rented for $900 per month, providing immediate income for the next owner. Both units have been recently updated, enhancing tenant appeal and helping to reduce future turnover and maintenance costs. The property also holds a current rental registry, making it a turnkey addition to any investment portfolio. Recent improvements include a newer membrane roof on the rear portion of the home, a 2-year-old metal roof on the two-story section, and one water heater that is only 3 years old, helping to minimize future maintenance concerns. With strong rental income, updated interiors, newer capital improvements, and a highly accessible location, this property presents an outstanding opportunity for both seasoned and first-time investors looking to expand their portfolio.

Features

3 bedrooms
2 bathrooms
1152 sq. ft. floor area
4901 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 3 bedroom multi families in Syracuse

In the last 12 months, 4 three-bedroom multi families similar to 719 Second North Street, have been sold.

This represents a 300% decrease in three-bedroom multi families sales when compared to the previous 12 months.

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(619) 566-0008
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