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Property profile & analytics
FOR SALE
Commercial real estate

600 South Ave Syracuse, NY 13207

4,176 SF Built 1980
Property ID
US63-4086594
Property summary
AI-generated overview

This exceptional investment opportunity presents a meticulously renovated six-unit apartment building located at 600 South Avenue in Syracuse, New York. Built in 1980, this three-story building boasts a total of 4,176 square feet and offers six one-bedroom apartments, each featuring a newly renovated kitchen and bathroom. Recent upgrades include new vinyl siding, updated windows throughout, fresh flooring, and a completely renovated front entrance. The property also includes four convenient parking spaces for residents. Its prime location offers easy access to local amenities, including a nearby grocery store, downtown Syracuse, and schools, ensuring high occupancy rates and consistent rental income. This property is part of a larger portfolio, but is offered for sale individually, presenting a compelling opportunity for investors seeking a solid, income-producing asset in a desirable location. The building is situated in Onondaga County, NY, with a 13207 zip code. This is a turnkey operation, ready for immediate income generation. The asking price for this well-maintained multifamily property is $2,000,000.

Property profile
Verified
Property type Commercial real estate
Year built 1980
Total area 4,176 SF
UPID US63-4086594
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
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CAP Approach CAP
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Comparable Approach Comparable
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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