416 Shonnard St - Apartments FOR SALE


Syracuse, NY 13204- Westside
$250,000 USD
845-654-5327
416 Shonnard St, Syracuse, NY for Sale
$250,000 USD
Apartments - FOR SALE
1/1
null | 12.5% Cap Rate

416 Shonnard St
Syracuse, NY 13204
Westside


OVERVIEW

Stabilized 3 unit multifamily property renting for 1650 per unit. This asset is well-suited for investors seeking immediate yield, stable income, and long-term upside in a proven rental market. Current rents are in line with local demand, and the property is operating without reliance on aggressive assumptions or future rent growth. Ideal for buy-and-hold investors, 1031 exchange buyers, or operators looking for a strong cash-flowing asset in an affordable Northeast market.

FOR SALE DETAILS

PRICE

$250,000 USD

PRICE/SF

$102 USD /SF

# OF UNITS

3

PRICE/UNIT

$83,333

CAP RATE

12.5%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1920

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.1 AC

LAND SF

4,211 SF

ZONING

03

APN/PARCEL ID

311500-097-000-0004-068-000-0000

ASK ABOUT THIS PROPERTY

Richard PurdyPurdyMore Info
845-654-5327

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Richard PurdyPurdyMore Info
845-654-5327

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