5306 S Salina St Syracuse, NY 13205
Duplex in South Valley neighborhood, ideal for investors or owner-occupants.
Lot size:
0.14 AcresProperty Features for 5306 S Salina St
General Information
- Property type
- Multi Family
- Standard status
- Pending
- Lot size
- 0.14 Acres
Building Details
- Year built
- 1928
Source:
Elliman
Listing Agent: Zachary Johnson
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
Overview
Syracuse Duplex with Income Potential
This duplex is located in the South Valley neighborhood of Syracuse, New York. The property is situated minutes from Green Hills Market, bus lines, parks, and other conveniences. It features two units and has separate gas and electric meters for each unit. The property is vacant at closing, allowing for immediate renovations. This property presents a value-add opportunity with the potential to build equity through improvements. The South Valley location is known for stable rental demand and proximity to schools, Onondaga Park, and local employers. Market rents support a projected gross income of $2,784 per month, offering cash-flow potential once renovated and stabilized. This duplex is suitable for investors seeking a property with strong rent comps and the ability to add value.
Location Intelligence
Current Use by Public Records
Duplexes
Location Insight
- Map
- Local Demand
- City
- Syracuse
- County
- Onondaga
- State
- New York
- Longitude
- -76.1439661
- Latitude
- 42.9932132
Nearby Similar for Sale
FAQs
What type of property is this?
Duplex - Duplex in South Valley neighborhood, ideal for investors or owner-occupants.
Where is this duplex located?
The property is located at 5306 S Salina St Syracuse, NY.
What is the asking price?
The asking price for this property is $137,400.
What are key features of this property?
This property features: - Strong income potential: Projected gross income of $2,784/month after renovation.; - Value-add opportunity: Vacant at closing, ideal for renovations and forced appreciation.; - Desirable location: Located in the sought-after South Valley neighborhood.
