Active

1426 Lodi Street

Syracuse NY, 13208

$680,000


$445.61 per sqft

Active

2 Beds

2 Baths

1,526 sqft

Multi-family

Built in 1912

Welcome to a prime investment opportunity offering three buildings. This property has a total of twelve units spread across 2 two-family homes and 1 spacious eight-unit complex, presenting a diverse portfolio to investors. Large Eight-Unit Complex: The centerpiece of this investment portfolio is a well-appointed eight-unit complex. From one-bedroom apartments to spacious two-bedroom units, this complex ensures a wide appeal to prospective renters. With twelve units in total, this property presents a significant income-generating opportunity. Whether you're a seasoned investor looking to expand your portfolio or a newcomer seeking a promising venture, the potential for steady rental income is here. This property enjoys proximity to essential amenities. Its convenient location ensures high demand from prospective tenants, enhancing the long-term value of your investment. Beyond its immediate income potential, this property offers ample room for growth and value appreciation. With strategic renovations or upgrades, you can further maximize rental income and enhance the overall property value, securing a solid return on investment. All units are occupied.

S1530876

MLS ID

April 12, 2024

Listed

April 29, 2024

Updated

Map

1426 Lodi Street
Syracuse NY, 13208

Interior Features

Total Stories

2


Bedrooms

2


Total Bathrooms

2


Interior Features

Ceiling Fan(s)


Appliances

Gas Water Heater


Floor Description

Carpet, Laminate, Varies, Vinyl


Fireplace

No


Cooling

No


Heating

Yes


Heating Description

Gas, Forced Air

Exterior/Building Features

Lot Size

0.07 Acres


Lot Features

Near Public Transit


Architectual Style

Duplex


Roof

Asphalt


Sewer

Connected

School Information

School District

Syracuse

Other Property Details

Area Name

Syracuse City-311500


Taxes

$2,635


Tax Frequency

Annually


Days on Market

17


Garage

No


Parking

No Driveway


View

No


County

Onondaga


Municipality

Not Applicable


Water Source

Connected, Public


Pool

No


Buyer Agency Compensation

3%

Listing History

Date

Event

Price

4/29/2024

Price Change

$680,000

-6%

 

Courtesy of Acropolis Realty Group LLC, Jeremy Allen

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