2215 James St - Apartments FOR SALE


Syracuse, NY 13206- Eastwood
$689,000 USD
585-250-7175
2215 James St, Syracuse, NY for Sale
$689,000 USD
Apartments - FOR SALE
1/7
null | 7.12% Cap Rate

2215 James St
Syracuse, NY 13206
Eastwood


OVERVIEW

Benchmark Realty Advisors is pleased to present 2215 James Street. This Prime investment opportunity consists of 5 apartment units in an elegant mansion in the Eastwood neighborhood of Syracuse. The offering delivers stable in place income with defined paths to grow it, minutes from the region's largest employers and institutions. With gross rents of $93,204 there is opportunity to add value by renting out the two vacant garages, bring the below market rents up, and add the already separated utilities to the tenants.

FOR SALE DETAILS

PRICE

$689,000 USD

PRICE/SF

$141 USD /SF

# OF UNITS

5

PRICE/UNIT

$137,800

CAP RATE

7.12%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Garden

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1890

PARKING SPACES

10

LAND DETAILS

LAND ACRES

0.28 AC

LAND SF

12,197 SF

ZONING

MultiFamily

APN/PARCEL ID

311500-021-000-0002-023-001-0000

ASK ABOUT THIS PROPERTY

Mark ChiarenzaBenchmark Realty AdvisorsMore Info
585-250-7175

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Mark ChiarenzaBenchmark Realty AdvisorsMore Info
585-250-7175

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