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Sold for $230,000 on 03/07/25
  • $230,000

    101 Herkimer St, Syracuse, NY 13204

    8beds
    3,575sqft
    Multi Family
    Built in 1920
    -- sqft lot
    $239,300 Zestimate®
    $64/sqft
    $1,971 Estimated rent

    What's special

    Investment Opportunity: Fully Rented 3-Unit Multi-Family Property with Upside Potential Discover an exceptional investment opportunity with this fully occupied 3-unit multi-family property. Each unit is separately metered, with tenants responsible for their own utilities, ensuring low operational costs and streamlined management. Currently, rents are below market value, presenting immediate upside potential for increased cash flow through rent adjustments. The property benefits from professional property management already in place, with the management team willing to stay on board to ensure a seamless transition and continued operational efficiency. Whether you’re a seasoned investor looking to add to your portfolio or a newcomer seeking a low-maintenance, income-generating asset, this property offers both stability and significant growth potential. Don’t miss out on this value-add opportunity

    Zillow last checked: 7 hours ago

    Listing updated: March 18, 2025 at 12:02pm

    Listed by:

    Zachary Johnson 315-396-0493,

    Hunt Real Estate Era

    Bought with:

    Kevin A. Neuser, 40NE0971932

    Howard Hanna Real Estate

    Source: NYSAMLSs,MLS#: S1582992MLS LogoOriginating MLS: Syracuse

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 8
    • Bathrooms: 3
    • Full bathrooms: 3
    Heating
    • Gas, Forced Air
    Appliances
    • Included: Gas Water Heater
    Features
    • Flooring: Carpet, Hardwood, Luxury Vinyl, Varies
    • Basement: Full
    • Has fireplace: No
    Interior area
    • Total structure area: 3,575
    • Total interior livable area: 3,575 sqft

    Property

    Parking
    • Total spaces: 3
    • Parking features: Two or More Spaces
    • Garage spaces: 3
    Lot
    • Size: 7,501 sqft
    • Dimensions: 50 x 150
    • Features: Rectangular, Residential Lot
    Details
    • Parcel number: 31150011200000240090000000
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    Materials
    • Aluminum Siding
    Condition
    • Resale
    • Year built: 1920

    Utilities & green energy

    • Sewer: Connected
    • Water: Connected, Public
    • Utilities for property: Sewer Connected, Water Connected

    Community & neighborhood

    Location
    • Region: Syracuse

    Other

    Other facts
    • Listing terms: Cash,Conventional
    Services availability