316 Rowland Street, Syracuse 13204


Description
This property will NOT be sold separately. It is being sold as part of a 16-property package (33 units) that includes the following listings: S1297766, S1297756, S1297747, S1297737, S1297728, S1297710, S1297704, S1297693, S1297655, S1297645, S1297586, S1297581, S1297576, S1297563, S1297601, S1297600 (Owner is willing to divide portfolio into smaller packages - please inquire). This unique portfolio contains 16 residential properties, including 8 single-family homes and 8 multi-family homes. 10 of these properties are clustered on just 2 blocks, Nelson Street and Rowland Street, and almost all properties are within a 1-mile radius of each other. All properties are being sold AS IS and need some TLC, but they have enormous potential - 29 out of 33 units are occupied and many properties feature recently upgraded hot water tanks, furnaces and roofs. Over $35,000 in improvements have been made since July 2020. Asking $1,200,000 for the entire portfolio. These 33 units are priced at only $33,364/unit. Annual gross rental income totals $265,200, NOT including current vacancies. This is a great opportunity to start or build a real estate investment portfolio.
  • Property Details
  • Features
Property Type: Residential
List price: $65,000
Lease Term: None
Total Tax: $3,360
Address: 316 Rowland Street Syracuse 13204
Town/City: Syracuse
School District: Syracuse
Style: Two Story
Lot Size: 4400 sq ft
Acres: 0.10
Stories: 2
Living Area: 1598 sq. ft.
Year Built: 1915
Year Description: Existing
Construction: Wood Siding
Garage Spaces:
Driveway:
Attic type: None
Basement type: Full
Interior Features: Entrance Foyer, Separate/Formal Living Room, Natural Woodwork, Separate/Formal Dining Room None
Floors: Carpet, Hardwood, Varies
Appliances: Refrigerator, Gas Oven, Gas Range
Exterior Features: Deck, Blacktop Driveway
Heating: Forced Air, Gas
Sewer: Connected
Water: Public, Connected
Amenities:
Lot Information: Residential Lot, Near Public Transit
Handicap Access:

Listing courtesy of:
DynaMax Realty, Inc.

  • Residential
  • 6 bedrooms
  • 2 full / 0 half baths
  • 1598 sq ft
  • Syracuse school district
  • MLS# S1297576
  • Listing Status: active
  • Save this Listing

$65,000