Sellers are relocating and need to sell this beautiful two family located in the Valley. The roof is five years young. Professional management is in place and willing to stay on. Based on 2019 numbers provided from management the property operated at a 24% cash on cash return.
Off market
$148,700
3312 Midland Ave #14, Syracuse, NY 13205
--beds
0baths
1,704sqft
MultiFamily
Built in 1955
-- sqft lot
$148,700 Zestimate®
$87/sqft
$1,409 Estimated rent
What's special
Facts & features
Interior
Bedrooms & bathrooms
- Bathrooms: 0
Heating
- Forced air, Gas
Features
- Flooring: Hardwood, Linoleum / Vinyl
- Basement: Finished, Full
- Attic: Scuttle
Interior area
- Total interior livable area: 1,704 sqft
Property
Features
- Frontage length: 55
Lot
- Size: 8,250 sqft
- Features: Neighborhood Street
Details
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
Condition
- Existing
- Year built: 1955
Utilities & green energy
- Gas: Gas
- Sewer: Public Sewer
Community & neighborhood
Location
- Region: Syracuse
Other
Other facts
- Sewer: Public Sewer
- Heating: Forced Air, Natural Gas
- Basement: Finished, Full
- GarageYN: true
- HeatingYN: true
- Flooring: Hardwood, Vinyl
- NumberOfUnitsInCommunity: 2
- FrontageLength: 55
- SpecialListingConditions: Standard
- RentIncludes: Water, Gardener, Snow Removal
- OperatingExpenseIncludes: Professional Management
- OpenParkingYN: true
- LeaseAmount: 0
- ConstructionMaterials: Shake Siding
- StructureType: Multi Family
- GrossIncome: 17100
- Gas: Gas
- YearBuiltDetails: Existing
- LotFeatures: Neighborhood Street
- NumberOfSeparateElectricMeters: 2
- NumberOfSeparateGasMeters: 2
- Attic: Scuttle
- PropertyCondition: Existing
- CoveredSpaces: 0.0000
- MlsStatus: U-Under Contract
- OperatingExpense: 8768
- NetOperatingIncome: 8332