1420 Lodi Street 22 Syracuse NY 13208 MLS #S1530867

1420 Lodi Street 22
Syracuse, NY, 13208
$680,000
10 Beds
0 Baths
9,372 SqFt
0.22 Acres
Welcome to a prime investment opportunity offering three buildings. This property has a total of twelve units spread across 2 two-family homes and 1 spacious eight-unit complex, presenting a diverse portfolio to investors. Large Eight-Unit Complex: The centerpiece of this investment portfolio is a well-appointed eight-unit complex. From one-bedroom apartments to spacious two-bedroom units, this complex ensures a wide appeal to prospective renters. With twelve units in total, this property presents a significant income-generating opportunity. Whether you’re a seasoned investor looking to expand your portfolio or a newcomer seeking a promising venture, the potential for steady rental income is here. This property enjoys proximity to essential amenities. Its convenient location ensures high demand from prospective tenants, enhancing the long-term value of your investment. Beyond its immediate income potential, this property offers ample room for growth and value appreciation. With strategic renovations or upgrades, you can further maximize rental income and enhance the overall property value, securing a solid return on investment. All units are occupied.

Property Details

Price:
$680,000
MLS #:
S1530867
Status:
Active
Beds:
10
Baths:
0
Address:
1420 Lodi Street 22
Type:
Commercial
Subtype:
Other
Subdivision:
Northside
City:
Syracuse
Listed Date:
Apr 12, 2024
State:
NY
Finished Sq Ft:
9,372
ZIP:
13208
Lot Size:
0 acres
Year Built:
1900
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1420 Lodi Street 22
Syracuse, NY

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Schools

School District:
Syracuse

Interior

Appliances
Electric Cooktop, Gas Water Heater, Refrigerator
Flooring
Carpet, Hardwood, Laminate, Tile, Varies, Vinyl
Heating
Gas, Forced Air, Radiant

Exterior

Construction Materials
Vinyl Siding
Exterior Features
Blacktop Driveway
Parking Features
No Garage
Roof
Asphalt

Financial

Buyer Agent Compensation
3%
Taxes
$8,856

Map

Community

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