1115 E Genesee Street, Syracuse

$475,000

6 Beds
2 Baths
3,108 Sqft
.1 Acres
0 Garages

Exceptional opportunity just minutes from Syracuse University. This two-unit multifamily offers tremendous upside for owner-occupants or student housing investors. Each unit features 3 bedrooms and 1 full bathroom, spacious layouts, full kitchens, third floor bonus rooms and strong rental potential. The property needs TLC but provides a chance to add value and significantly increase income in a prime rental corridor. Ability to convert to two 5 bedroom 2 bath unit with increased capital expenditures.

Currently a 6-bedroom, 2-bath 2 unit property. The unfinished attic space offers expansion potential to increase density to a 5 bed 3 bath apartment, subject to permits. Please see conceptual floor plans.

Per the architect’s conceptual drawings (see attached), the total square footage could be 4,200 square feet.

Essential Information
MLS® #S1662221
Price$475,000
Bedrooms6
Bathrooms2.00
Full Baths2
Square Footage3,108
Square Footage4180
Acres0.10
Year Built1920
TypeResidential
Sub-TypeMulti Family
StyleDuplex
StatusActive
Community Information
Address1115 E Genesee Street
AreaSyracuse City
SubdivisionUniversity Hill
CitySyracuse
CountyOnondaga
StateNY
Zip Code13210
Amenities
ParkingCommon
GaragesCommon
Utilities

Sewer Connected, Water Connected, Heat, Hot Water, Other, See Remarks

Features

Rectangular, Rectangular Lot, Residential Lot

Interior
InteriorHardwood, Tile, Varies
AppliancesGas Water Heater
HeatingGas, Forced Air
# of Stories2
Stories2
Has BasementYes
BasementFull
Exterior
ExteriorComposite Siding
RoofAsphalt
ConstructionComposite Siding
Lot Description

Rectangular, Rectangular Lot, Residential Lot

School Information
DistrictSyracuse
Listing Details
Listing Courtesy of CNY Broker LLC
Office #315-551-2998
Property History
Price Reduced from $499,000 to $475,000
Price Reduced from $499,900 to $499,000Price Reduced from $550,000 to $499,900
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