206 Green Street, Syracuse

$600,000

6 Beds
0 Baths
5,027 Sqft
.13 Acres
1 Garages

The Green Street portfolio in the historic Hawley-Green Neighborhood. A rare opportunity to own 4 buildings all next to one another. This portfolio consists of 21 total apartments for a price of $2,100,000. All 21 units are fully rented producing $290,000 in annual income with a path to produce $over $330,000 with minimal work. Units primarily consist of 2-bedrooms with several 1 & 3 bedrooms being offered. The average monthly rent is $1,100 while the market average rent for 2-bedrooms in this neighborhood is closer to $1,400 per unit per month. The portfolio is being offered at an attractive 9.6% cap rate. Properties included 200-202 Green St (AKA 200 Howard, 4-units), 203 Green St. (5-units), 206 Green St. (6-units) & 207 Green St. (6-units). Many upgrades throughout. Each tenant pays their own gas/electric while landlord pays for water/sewer, and exterior maintenance. Add this great and rare opportunity to your portfolio today!

Essential Information
MLS® #S1694837
Price$600,000
Bedrooms6
Bathrooms0.00
Square Footage5,027
Square Footage5808
Acres0.13
Year Built1900
TypeMulti Family
Sub-TypeOther
StatusActive
Community Information
Address206 Green Street
AreaSyracuse City
SubdivisionNorthside
CitySyracuse
CountyOnondaga
StateNY
Zip Code13203
Amenities
ParkingTwo Spaces, Driveway, Garage
# of Garages1
GaragesTwo Spaces, Driveway, Garage
Utilities

Sewer Connected, Water Connected, Water

Features

Rectangular, Rectangular Lot, Residential Lot

Interior
InteriorHardwood, Luxury Vinyl, Varies
AppliancesGas Water Heater, See Remarks
HeatingGas, Forced Air
# of Stories3
Stories3
Has BasementYes
BasementFull
Exterior
ExteriorWood Siding
RoofAsphalt
ConstructionWood Siding
Lot Description

Rectangular, Rectangular Lot, Residential Lot

School Information
DistrictSyracuse
Listing Details
Listing Courtesy of Hunt Real Estate ERA
Office #315-682-7197
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