111 Pond Street, Syracuse 13208


Description
Investors, roll up your sleeves! This brick mixed-use property on the Northside is a great opportunity to build “sweat equity” in a solid building that is already cashflowing. The storefront was renovated in 2018 and is rented to a barber shop for $850/mo on a long-term lease until 2028. Apartment 2 is a 1-bedroom unit with updated kitchen, bathroom, and hardwood floors rented for $650/mo. Apartment 3 needs some minor TLC and is being left vacant; it features 2 spacious bedrooms, hardwood floors throughout, and newer appliances. Apartment 4 has been framed in for a 2-bedroom floorplan but has yet to be completed – the current owner has obtained a permit from the city for construction and most building material is already onsite. The property is situated on a large double-wide lot with a partially fenced-in side yard which can be utilized for additional parking. This is also a great candidate for an FHA 203k renovation loan – finance your rehab costs while living in one apartment for free and collecting rent!
  • Property Details
  • Features
Property Type: Residential - Multi Family
Total Apartment Units: 4
List price: $160,000
Lease Term: None
Total Tax: $4,713
Address: 111 Pond Street Syracuse 13208
Town/City: Syracuse
School District: Syracuse
Style: Fourplex
Lot Size: 6534 sq ft
Acres: 0.15
Stories: 2
Area: 5124 sq. ft.
Year Built: 1950
Year Description: Existing
Construction: PEX Plumbing, Brick
Garage Spaces:
Driveway:
Attic type: None
Basement type: Full
Interior Features: None None
Floors: Hardwood, Laminate, Tile, Varies
Appliances: Gas Water Heater
Exterior Features: Fence
Heating: Forced Air, Gas
Sewer: Connected
Water: Public, Connected
Amenities:
Lot Information: Residential Lot, Near Public Transit
Handicap Access:

Listing courtesy of:
Acropolis Realty Group LLC

  • Residential - Multi Family
  • 4 units
  • 5124 sq ft
  • Syracuse school district
  • MLS# S1334518
  • Listing Status: active
  • Save this Listing

$160,000