Pending

131 Strong Avenue

Syracuse NY, 13210

$199,900


$115.95 per sqft

Pending

4 Beds

2 Baths

1,724 sqft

Multi-family

Built in 1915

Cash Flowing investment 2-family in prime location on quiet Strong Ave. $40K+ in renovations & property improvements! Walking or biking distance to the University. Each apartment has renovated large kitchens and bathrooms, 2 spacious bedrooms/1 bath, modern open floor plan, large windows for tons of natural sunlight, high ceilings, wood flooring, & private entrances.

1st floor unit: new gas stove, ceiling remodel in secondary bedroom, large kitchen w/ tons of cabinetry, remodeled laundry room. Washer, dryer gas stove, and fridge in the unit will convey at closing. 954 SF.

2nd floor unit updates: ceiling remodel in primary bedroom, removed wall to make the living room larger to complete the modern open kitchen/dining/living room floor plan. Bathroom flooring & updates will amaze. Previous tenants had an apartment washer & dryer in the unit. 770 SF.

Improvements include: shed in backyard for storage, interior freshly painted throughout, 1 water heater (2022), electrical, flat roof (2022), pitched roof (2018), both furnaces (2018) gutters, retaining wall, installed drainage system in yard, landscaping / tree removal, new vented glass block windows in the basement & much more.

Both units will be vacant prior to closing. Units always rent quickly & typically have long term tenants. Could be students, mid term or long term rental or owner occupy. Separate utilities. 2 furnaces, 2 hot water heaters, 2 electrical panel, 2 electric meters. Separate utilities. Both units have shared access to full attic & basement for storage. Grosses around $30,600 per year to keep as-is for cash flow day 1. Add or start your investment portfolio today!

S1576455

MLS ID

November 13, 2024

Listed

November 19, 2024

Updated

Map

131 Strong Avenue
Syracuse NY, 13210

Interior Features

Total Stories

2


Bedrooms

4


Total Bathrooms

2


Full Bathrooms

2


Interior Features

Cathedral Ceiling(s), Storage, Natural Woodwork, Programmable Thermostat


Appliances

Gas Water Heater


Laundry Description

Washer Hookup


Floor Description

Hardwood, Other, See Remarks, Varies, Vinyl


Fireplace

No


Cooling

No


Heating

Yes


Heating Description

Gas, Forced Air

Exterior/Building Features

Lot Size

0.16 Acres


Exterior Features

Deck, Private Yard, See Remarks


Lot Features

Rectangular, Residential Lot, Wooded


Architectual Style

Duplex


Roof

Asphalt, Flat, Shingle


Sewer

Connected

School Information

School District

Syracuse


High School

Nottingham High


Elementary School

Edward Smith K-8

Other Property Details

Area Name

Syracuse City-311500


Taxes

$4,680


Tax Frequency

Annually


Days on Market

5


Garage

No


Parking

Gravel, Two or More Spaces


View

No


County

Onondaga


Municipality

Not Applicable


Water Source

Connected, Public


Pool

No

Listing History

Date

Event

Price

11/19/2024

Pending

 

Courtesy of Hunt Real Estate ERA, Brittany Moen

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