1027 Highland St Syracuse, NY 13203
This well-maintained, three-story apartment building at 1027 Highland St, Syracuse, NY 13203, presents a compelling investment opportunity. Built in 1975, the property boasts a total of 7,275 square feet and comprises nine units: three one-bedroom apartments and six two-bedroom apartments. Most units have undergone recent updates. Each unit includes a dedicated parking space, adding significant value for tenants. Upper-level apartments feature the added convenience of private balconies accessible via sliding glass doors. The property also includes a two-car garage and an on-site coin-operated laundry facility for tenant use. Two separate boiler systems ensure efficient heating. Landlord pays for hot water and heat, while tenants are responsible for their own electricity. This consistently profitable property offers a strong return on investment, making it an ideal addition to any portfolio. The asking price is $720,000.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.