136 Lakeview Avenue Syracuse, NY 13204
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.
- Property TypeMulti-Family
- NeighborhoodN/A
- CountyOnondaga
- Taxes$2,616
- HOA/Condo/Coop Fees$0
- Days on Site27 Days
- MLS StatusPending
- MLS ID NumberS1538659
- Home Size Source Public Records
- Year Built1910
- Lot Size0.1 Acres
- Full Baths2
- Partial BathsN/A
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General Features
- Style Duplex
- Construction Aluminum SidingSteel Siding
- Parking PavedOne Space
- Electric Circuit Breakers
- Basement Full
- Number of Stories 222
- Acreage 0.1
- Water Public
- Cross Street Liberty St
- Property Sub Type Multi Family
- Garage Spaces 0
- Utilities Sewer ConnectedWater Connected
- Foundation Stone
- Listing Conditions Standard
Interior Features
- Heating GasForced Air
- Appliances Gas Water Heater
- Flooring CarpetHardwoodVariesVinyl
- Fireplaces 0
- Fireplace No
Exterior Features
- Roof AsphaltShingle
- Waterfront Property No
- Lot Near Public Transit
- Road Frontage City Street
Community Features
- Township Not Applicable
- Senior Community No
- MLS Area Syracuse City-311500