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    313 Liberty St Syracuse, NY 13204

    Sponsored
    For Sale
    $241,500

    Four-unit rental property, excellent ROI.

    Property size:
    7,123 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional multifamily investment opportunity presents a well-maintained, two-story building located at 313 Liberty Street in Syracuse, New York, 13204. Built in 1940, this property boasts a substantial 7,123 square feet and comprises four individual rental units, each offering significant rental income potential. The asking price is $241,500, translating to an attractive price per square foot of $33.90 and a price per unit of $60,375. This property is part of a larger six-property portfolio totaling sixteen units, available for $975,000. The building's location in Onondaga County provides convenient access to local amenities and transportation. This is an ideal investment for those seeking a strong return on investment in the Syracuse real estate market. The property's solid construction and established rental history make it a low-risk, high-reward opportunity. Detailed financial information and unit breakdowns are available upon request. This is a rare chance to acquire a well-positioned multifamily property in a thriving market. Don't miss this chance to add a valuable asset to your investment portfolio.

    Property Features for 313 Liberty St

    General Information

    Property type
    Multifamily properties
    Square Feet
    7,123 SF

    Building Details

    Year Built
    1940
    Buildings
    1
    Stories
    2
    Units
    4

    HighLights

    • Well‑maintained, two‑story multifamily building at 313 Liberty Street, Syracuse, NY 13204.
    • 7,123 square feet, four units, $241,500 asking price.
    • $33.90 price per square foot, $60,375 price per unit.
    • Part of a six‑property, sixteen‑unit portfolio available for $975,000.
    • Excellent location in Onondaga County with convenient access to amenities and transportation.
    Property Profile Location Intelligence

    Current Use by Public Records

    Residential income homes

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply 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
    -76.1740935
    Latitude
    43.0525492

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    FAQs

    What type of property is this?
    Multifamily property - Four-unit rental property, excellent ROI.
    Where is this multifamily property located?
    The property is located at 313 Liberty St Syracuse, NY.
    What is the asking price?
    The asking price for this property is $241,500.
    What are key features of this property?
    This property features: Well-maintained, two-story multifamily building at 313 Liberty Street, Syracuse, NY 13204.; 7,123 square feet, four units, $241,500 asking price.; $33.90 price per square foot, $60,375 price per unit.
    (315) 278-7860
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    313 Liberty St Syracuse, NY 13204
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    Syracuse, NY 13204
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    313 Liberty St Syracuse, NY 13204
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