1803 S Salina St Syracuse, NY 13205

Building Details

Year Built

1910

Listing Agency Empire Realty Group T***@gmail.com Show Phone

Listed by Tonya Britton · License #10401333644 Show Phone

Source Elliman

Added: Apr 22 Checked: Jul 16 at 10:47 am

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Investment Insights

Based on property information with market context.

This four-unit investment property requires some improvements. The building includes two one-bedroom units and two two-bedroom units, all featuring hardwood floors. One of the units has been gutted and is ready for renovation. The property has separate utilities with individual meters, allowing tenants to pay their own gas and electric. Current rents are below market value, presenting an opportunity for increased income. The property also features a large garage that could provide additional revenue. The property is located in an area with a walk score of 50, indicating that it is car-dependent, a bike score of 43, indicating that it is somewhat bikeable, and a transit score of 38, indicating that there is some transit available. This property is suitable for owner-occupiers or investors seeking to expand their portfolio.

Key Highlights

• Strong Income Upside: Below‑market rents provide significant potential for increased rental income.
• Separate Utilities: Individual meters for each unit allow tenants to pay their own gas and electric.
• Multi‑Unit Building: Features a 4‑unit building with a mix of (2) 1‑bedroom and (2) 2‑bedroom units.

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FAQs

What type of property is this?

Quadplex - Four-unit property with upside potential in Syracuse, New York.

Where is this quadplex located?

The property is located at 1803 S Salina St Syracuse, NY.

What is the asking price?

The asking price for this property is $245,000.

What are key features of this property?

This property features: Strong Income Upside: Below‑market rents provide significant potential for increased rental income.; Separate Utilities: Individual meters for each unit allow tenants to pay their own gas and electric.; Multi‑Unit Building: Features a 4‑unit building with a mix of (2) 1‑bedroom and (2) 2‑bedroom units.