2320 E Fayette Street, Syracuse 13224


Description
This property features a 2-unit, recently updated home on a generously sized lot with a partially fenced, wooded backyard. The new roof was put on just 1 month ago. The furnaces and water heaters have all been updated within the last 3 years. The property is tenant occupied and bring in a yearly rental income of $19,200. The Net Operating Income comes to around $12,762. At a sale price of $125K the Cap Rate is 10.2%. The landlord is responsible for lawn care and snow removal. All utilities are separate and paid by the individual tenants. This Property can be sold in a package with additional properties. Please reach out for further information.
  • Property Details
  • Features
  • School Info
Property Type: Residential - Multi Family
Total Apartment Units: 2
List price: $125,000
Lease Term: None
Total Tax: $2,981
Address: 2320 E Fayette Street Syracuse 13224
Town/City: Syracuse
Subdivision: Fairview
School District: Syracuse
Style: None
Lot Size: 7920 sq ft
Acres: 0.18
Stories: 2
Area: 2181 sq. ft.
Year Built: 1940
Year Description: Existing
Construction: Vinyl Siding
Garage Spaces: 1.00
Driveway:
Attic type: None
Basement type: Full
Interior Features: None None
Floors: Tile, Hardwood, Varies
Appliances: Gas Water Heater
Heating: Forced Air, Gas
Sewer: Connected
Water: Public, Connected
Amenities:
Lot Information: See Remarks, Other
Handicap Access:
Elementary School: Other - See Remarks
Middle School: Other - See Remarks
High School: Nottingham High

Listing courtesy of:
Iron Horn Realty LLC

  • Residential - Multi Family
  • 2 units
  • 2181 sq ft
  • Syracuse school district
  • MLS# S1342007
  • Listing Status: active
  • Save this Listing

$125,000