827 Park St Syracuse, NY 13208
- Commercial real estate
- 7,446 SF
Current Use by Public Records
- Darlene / Clothes Market
Property Details for 827 Park St
- Year built
- 1930
- Property size
- 7,446 SF
- Property type
- Commercial real estate
Description
This exceptional 12-unit apartment building presents a lucrative investment opportunity in Syracuse, NY. Located at 827 Park Street, this beautifully remodeled property boasts 7,446 square feet across a two-story building constructed in 1930. Each of the twelve units features one bedroom, a newly renovated kitchen, and a modern bathroom. Recent upgrades include new windows throughout the building, updated electrical circuit breakers, new flooring, and brand new appliances in every unit. The property also benefits from a newly paved driveway. Tenants are responsible for their own utilities, contributing to a streamlined management process. Currently operating at 100% occupancy, this property offers a strong, immediate return on investment. This is part of a larger portfolio, but is being offered as a standalone investment. The building's prime location in Syracuse, within Onondaga County, and its excellent condition make it an attractive proposition for discerning investors seeking a stable and high-yielding asset. The asking price for this turnkey operation is $2,000,000. This is a rare opportunity to acquire a well-maintained, high-occupancy multifamily property in a desirable location. The property's strong rental income stream and recent renovations ensure a secure and profitable investment for years to come. The address is 827 Park St, Syracuse, NY 13208.
Value Estimation
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Syracuse
- County
- Onondaga
- State
- New York
- Longitude
- -76.1467413
- Latitude
- 43.0636938
