600 South Ave Syracuse, NY 13207
For Sale
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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.
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
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.