1101 Burnet Ave - Dormitory FOR SALE


Syracuse, NY 13203- Northside
$350,000 USD
315-727-3103
1101 Burnet Ave, Syracuse, NY for Sale
$350,000 USD
Dormitory - FOR SALE
1/18
null | Request Cap Rate

1101 Burnet Ave
Syracuse, NY 13203
Northside


HIGHLIGHTS

  • Historic 10,000 SF Three-Story Former Convent
  • 25 Rooms Total – Currently 16 Sleeping Rooms and 3.5 Bathrooms
  • Large Kitchen, Dining Room, Multiple Sitting Rooms, Offices, Screened Porch
  • Great Location close to I-690, downtown Syracuse, SU and Hospitals

OVERVIEW

Historic, brick, three-story 10,000 +/- SF former convent available for sale. This building has 25 total rooms, of which 16 rooms on the top two floors are dormitory style, with a sink and window and community bathrooms on each floor. Besides multiple sitting rooms throughout the building, the first floor features a large kitchen, dining room, living room multiple offices and the former chapel. The large, stone basement contains the boiler and mechanicals for the building. The building is currently attached via a hallway to the adjacent school, now used as a day care. Parking for the building will be shared with the day care operation and is accessible from Winton St. just off of Burnet Ave. Located in the City of Syracuse, the property is zoned Mixed-Use (MX-2). Great location, just one block west of the Teall Ave. access to I-690, Syracuse University, hospitals and downtown Syracuse.

FOR SALE DETAILS

PRICE

$350,000 USD

PRICE/SF

$35 USD /SF

# OF UNITS

16

PRICE/UNIT

$21,875

CAP RATE

Request Cap Rate

% LEASED

0%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

FORMER ST. VINCENT DePAUL CONVENT

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Dormitory

ADD'L SUBTYPES

Apartments, Office/Residential, Dormitory

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1930

PARKING SPACES

21

LAND DETAILS

LAND ACRES

1.95 AC

LAND SF

85,113 SF

ZONING

MX-2

APN/PARCEL ID

311500-029-000-0010-012-000-0000

ASK ABOUT THIS PROPERTY

Stephen SaleskiSutton Real Estate Company, LLCMore Info
315-727-3103

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Stephen SaleskiSutton Real Estate Company, LLCMore Info
315-727-3103

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.