1624 W Genesee St, Syracuse, NY 13204

9 unit building with1 Studio, 6 1BR, 1 2BR, 1 3BR. Gross rents are $5710/mo, landlord pays gas/electric which averages about $700/mo. Formerly 10 units but two units were combined into one. All the major work has been done: brand new roof in 2018, exterior paint in 2017, newer high efficiency forced air furnace. Apartments need TLC but priced accordingly at only $27k per unit in desirable Tipp Hill neighborhood. Tons of potential, either renovate the apartments high end and increase rents or buy and hold for cashflow.