301 Manlius St East Syracuse, NY 13057
This charming East Syracuse, NY multifamily property at 301 E Manlius St. presents a compelling investment opportunity. The 2-story, 1920-built apartment building boasts 2,288 square feet and comprises four one-bedroom, one-bathroom units. Each unit features updated kitchens and bathrooms, enhancing tenant appeal and maximizing rental income. The property includes a two-car garage and an additional four off-street parking spaces, a significant advantage in a village setting. Recent upgrades include a roof (approximately 3 years old), four furnaces (approximately 5 years old), updated electrical panels, and a new pressure-treated deck. The single gas and electrical meter simplifies utility management. Located within walking distance of restaurants, Walmart, and schools, the property benefits from a convenient and desirable location. The strong cash flow, exceeding an 11% cash-on-cash return, makes this a highly attractive investment. The property is situated in Onondaga County, NY, zip code 13057. This is a turnkey investment ready for immediate income generation. The property's combination of updated amenities, convenient location, and strong financial performance makes it an ideal addition to any investment portfolio.
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
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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.