122 Wayne St, Syracuse, NY 13203

This property is an excellent income-generating asset with well-maintained units and additional land. All 4 units run off of 1 boiler system and 1 hot water heater. Owner pays heat and gas for the whole building + utilities for 2 of the units. 2 units have their own electric bills. Financials Include: - Property Management: 10% of collected rents - Water/Sewer: $200-250/qtr - NationalGrid: - Halls: $45/mo (approx) - House Meter: $250-500/mo (approx) - Insurance: $3,244/yr **Additional Information:** - Strategic Purchase: The owner acquired 1/2 of the adjacent vacant lot when the neighboring building was demolished by the city.