$139,900
●
Multifamily -
In Contract
136 Lakeview Avenue
Syracuse, NY 13204
7 Beds
2 Baths
$905
Estimated Monthly
212.57%
Cap Rate
About This Property
With nearly $32,000 gross income and no rent collection hassles,
this is the stabilized, high-cashflow 2-family property you've been
looking for. No matter what metric you use: cash on cash
return, cap rate, monthly cashflow, this property is a winning
turnkey investment. Both units are rented to vetted sec. 8
tenants, rent is direct deposited on the 3rd of every month with
the tenant share paid separately and promptly. The 1st floor
apartment features 4 bedrooms and is leased for $1,356/mo and the
2nd floor has 3 bedrooms and is leased for $1,300/mo, gas and
electricity are separately metered and are the tenants'
responsibility. This high cashflow/high income addition to
your portfolio can be combined with 710 E Laurel St for over
$56,000 annual rent, or further combined with 325 Liberty St for
over $128,000 in income per year! Opportunities like this
sell quick so do not hesitate, further details and analysis
available upon request.
Unit Size
-
Days on Market
-
Land Size
0.10 acres
Price per sqft
-
Property Type
Multifamily
Property Taxes
$218
HOA Dues
-
Year Built
1910
Listed By
Last updated: 20 days ago (NYSAMLS #S1538659)
Price History
Date / Event | Date | Event | Price |
---|---|---|---|
May 25, 2024 | In contract | - | |
In contract | |||
May 19, 2024 | Listed by Acropolis Realty Group LLC | $139,900 | |
Listed by Acropolis Realty Group LLC | |||
Aug 14, 2007 | Sold to Investents Treehouse | $31,000 | |
Sold to Investents Treehouse | |||
Feb 7, 2002 | Sold to Mark Sanfilippo | $20,000 | |
Sold to Mark Sanfilippo |
Property Highlights
Parking Details
Parking Features: Paved, One Space
Interior Details
Bedroom Information
Bedrooms: 7
Bathroom Information
Full Bathrooms: 2
Interior Information
Appliances: Gas Water Heater
Flooring Type: Carpet, Hardwood, Varies, Vinyl
Basement Information
Has Basement
Full
Exterior Details
Property Information
Road Frontage Type: CityStreet
Property Condition: Resale
Year Built: 1910
Building Information
Foundation Details: Stone
Roof: Asphalt, Shingle
Construction Materials: Aluminum Siding, Steel Siding, Copper Plumbing
Lot Information
NearPublicTransit, ResidentialLot
Lot Size Dimensions: 33X132
Lot Size Acres: 0.1
Lot Size Square Feet: 4356
Land Information
Land Assessed Value: $0
Financial Details
Tax Assessed Value: $50,000
Tax Annual Amount: $2,616
Utilities Details
Heating Type: Gas, Forced Air
Utilities: Sewer Connected, Water Connected
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Sold
Multifamily
6
Beds
2
Baths
-
$158,000
Nov 16, 2023
$158,000
Jan 10, 2024
$202/mo
Multifamily
6
Beds
2
Baths
-
$145,600
Oct 23, 2023
$145,600
Mar 22, 2024
$204/mo
Sold
Multifamily
6
Beds
2
Baths
-
$120,000
Apr 3, 2023
$120,000
Jun 14, 2023
$158/mo
Multifamily
4
Beds
2
Baths
-
$130,000
Mar 26, 2023
$130,000
Jun 23, 2023
$257/mo
Sold
Multifamily
10
Beds
3
Baths
-
$160,000
Jun 1, 2023
$160,000
Apr 12, 2024
$334/mo
In Contract
Multifamily
6
Beds
2
Baths
-
$127,500
Mar 18, 2024
-
$160/mo
Past Sales
Date | Unit | Beds | Baths | Sqft | Price | Closed | Owner | Listed By |
---|
Building Info
136 Lakeview Avenue
136 Lakeview Avenue, Syracuse, NY 13204
- 1 Unit for Sale