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1006 Wolf St Syracuse, NY 13208

For Sale
$115,000

Mixed-use property with expansion and income potential in Syracuse, NY.

Lot size:
0.09 Acres

Property Features for 1006 Wolf St

General Information

Lot size
0.09 Acres

Building Details

Year built
1940

Source: Howard Hanna Real Estate Agent Thomas K Elleman Jr

Displayed information is deemed reliable but is not guaranteed and should be independently verified.


Overview

Mixed-Use Property with Expansion Potential

This mixed-use property is undergoing expansion of the rear apartment, with the new space to be rented for $1200 per month plus utilities. The front apartment is expected to rent for $800 per month, and an additional studio apartment is currently rented for $700 per month, with utilities included in the rent. The rear part of the building is a warehouse storage area with an overhead door entrance and a man-door. This space is partially finished and, with a variance, may possibly be used as a third apartment or office. The garage has many potential uses, including storage. The building was formerly a cabinet making business with the front area for retail use, and could also be easily used for a small office area. The flat roof over the rear of the building is less than one year old.
Insight Report Location Intelligence

Current Use by Public Records

Duplexes

Suggested Use

Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Gym & Fitness

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
Syracuse
County
Onondaga
State
New York
Longitude
-76.1576967
Latitude
43.0796135

FAQs

What type of property is this?
Mixed-use property - Mixed-use property with expansion and income potential in Syracuse, NY.
Where is this mixed-use property located?
The property is located at 1006 Wolf St Syracuse, NY.
What is the asking price?
The asking price for this property is $115,000.
What are key features of this property?
This property features: - Potential for significant rental income increase with planned apartment expansion and market-rate rents (projected $6000 total).; - New flat roof over the rear of the building (less than one year old).; - Existing rental income from front apartment ($800/month) and studio apartment ($700/month).
More about this property
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