SoldJul 28, 2021

Listed and Bought with Christopher Newman from ACROPOLIS REALTY GROUP LLC - Syracuse

Source: Central New York Real Estate Information Service #S1331580

509 Turtle St, Syracuse, NY, 13208

$170,000

1
5643 sq. ft.
18216 sq. ft.

MultiFam

7 days on the market

Sold: Jul 28, 2021

What's around 509 Turtle St

About this property

This is the high cashflow money-maker you’ve been waiting for! This turnkey 4-unit on the Northside of Syracuse with long-term tenants offers double digit cap rates. Invest with peace of mind knowing the roof was replaced in 2012, 3 furnaces are brand new, and a new Certificate of Compliance was issued by the city of Syracuse in 2020. Utilities are separately metered so tenants pay their own gas and electricity. Apartments are spacious and have been updated over the last few years featuring new kitchens, bathrooms, and flooring throughout. Three apartments are rented to long-term tenants who are current on rent and the 4th unit is being left vacant for the new owner to occupy or rent themselves. The property also includes off street parking and a detached garage which the owner can use for storage or additional rental income.

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