315 Clinton St Syracuse, NY 13202
- Investment properties
- 2,534 SF
- 0.05 lot acres
Current Use by Public Records
- Community Preservation Corporation / Real Estate Agency / Loan Agency
- D.P. Dough / Restaurant
Property Details for 315 Clinton St
- Year built
- 1930
- Lot size
- 0.05 lot acres
- Property size
- 2,534 SF
- Zone code
- 15
- Property type
- Investment properties
- Property subtype
- Live-work space
- APN
- 311500 104.-09-06.0
- APU
- 31150010409060
Description
This exceptional Syracuse investment property, located at 315 S Clinton St, in the vibrant Armory Square district, offers a compelling blend of residential and commercial income streams. The building boasts a substantial 38,512 square feet situated on a 0.19-acre lot. The property's income is generated from twelve residential units – nine two-bedroom apartments and three one-bedroom apartments – all currently occupied. Adding to the strong cash flow are two commercial spaces, both under long-term leases with established tenants. These commercial spaces are currently operational and should not be disturbed. The building underwent extensive renovations in 2010, ensuring a high standard of quality and functionality. Currently, the property enjoys 100% occupancy, providing immediate and consistent rental income. This presents a rare opportunity to acquire a well-maintained, high-performing asset in a desirable and thriving downtown location. The asking price for this turnkey investment is $4,000,000. Serious inquiries only.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Syracuse
- County
- Onondaga
- State
- New York
- Longitude
- -76.1537
- Latitude
- 43.0528
- CBSA code
- 45060
- CBSA name
- SYRACUSE, NY METROPOLITAN STATISTICAL AREA
