5-Unit apartment building at a 12%+ Cap Rate based on current rents. Each unit is 2 bedrooms and 1 bathroom. All units have their own hot water tank & furnace and pay their own gas/electric. Landlord pays water/sewer. There is one vacant unit that is being kept vacant for ease of showings. Property currently generates a total of $45k income annually, giving you a 25%+ cash on cash return based on the current purchase price. There is a current Certificate of Compliance on this property.
Sold for $199,900 on 03/14/24
$199,900
1831 Grant Blvd, Syracuse, NY 13208
5beds
0baths
5,318sqft
Multi Family
Built in 1940
-- sqft lot
$222,700 Zestimate®
$38/sqft
$1,565 Estimated rent
What's special
Zillow last checked: 7 hours ago
Listing updated: June 24, 2024 at 09:19am
Listed by:
Dante Belmonte 315-446-4681,
Hunt Real Estate ERA
Bought with:
Terrence L. Quigg, 30QU0817384
Hunt Real Estate ERA
Source: NYSAMLSs,MLS#: S1513107
Originating MLS: Syracuse

Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 0
Heating
- Gas, Forced Air
Appliances
- Included: Gas Oven, Gas Range, Gas Water Heater, Refrigerator
Features
- Flooring: Hardwood, Luxury Vinyl, Varies
- Basement: Full
- Has fireplace: No
Interior area
- Total structure area: 5,318
- Total interior livable area: 5,318 sqft
Property
Parking
- Parking features: Three or more Spaces, No Garage
Features
- Stories: 3
- Exterior features: Blacktop Driveway
Lot
- Size: 4,878 sqft
- Dimensions: 40 x 122
- Features: Residential Lot
Details
- Parcel number: 31150001000000050060000000
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Vinyl Siding
- Roof: Asphalt
Condition
- Resale
- Year built: 1940
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