$2,300,000
Active Under Contract
47 Days Online
7 Beds0 Baths17,760 SQFT
Active Under Contract

101-111 Polk Street Syracuse, NY 13224

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RARE 42-unit apartment building. Main building - 32 units all efficiency/studios @ $600/month. Building directly west is 9 units - 6 units are 1 bed & 3 units are efficiency/studios from $600-$900/month. 2 bedroom SFR on property included & rented $1, 050/month. Entire property parking area freshly paved & striped with +-35 spots. Main building - 8 year roof with new trusses & OSB decking with 30 year asphalt shingle. 9 unit building has rolled roof. Main building has electric panel/meter for each unit, tenants pay own electrical. Heating in each unit is electric. 2 new large hot water tanks run hot water for all units & landlord pays gas. In 9 unit building, there is a new boiler that heats all units & landlord pays for that and it has been recently vinyl sided. Landlord is responsible for water/sewer for the entire property. Roughly 90% of interiors have been renovated with new vinyl flooring, bathrooms, paint & kitchens. New main staircase & railing. Upgraded electrical & meters. Mostly new exterior doors & windows. Coin-op laundry machines included. 3 maintenance/storage rooms. Main building new vinyl siding. 100% occupied due to lower rents with no delinquency.

  • Property TypeMulti-Family
  • NeighborhoodN/A
  • CountyOnondaga
  • Taxes$42,732
  • HOA/Condo/Coop Fees$0
  • Days on Site47 Days
  • MLS StatusActive Under Contract
  • MLS ID NumberS1556595
  • Home Size Source Public Records
  • Year Built1960
  • Lot Size1.0292 Acres
  • Full BathsN/A
  • Partial BathsN/A

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General Features

  • Construction Vinyl Siding
  • Parking Three Or More SpacesNo Garage
  • Basement None
  • Number of Stories 222
  • Acreage 1.0292
  • Water Public
  • Cross Street Polk
  • Garage Spaces 0
  • Utilities Sewer ConnectedWater Connected
  • Listing Conditions Standard

Interior Features

  • Heating ElectricGasBaseboardSpace Heater
  • Appliances DryerGas OvenGas RangeGas Water HeaterRefrigeratorWasher
  • Flooring LaminateVaries
  • Fireplaces 0
  • Laundry Features Coin Operated
  • Fireplace No

Exterior Features

  • Roof AsphaltMembraneMetalRubber
  • Waterfront Property No
  • Exterior Blacktop Driveway
  • Lot Residential Lot
  • Road Frontage City Street

Community Features

  • Township Not Applicable
  • Community Features Laundry Facilities
  • Senior Community No
  • MLS Area Syracuse City-311500

Schools

School District
Syracuse
Elementary School
Unknown
Middle School
Unknown
High School
Unknown

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Monthly Payment (Est.)

$11,174
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