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202 Union Ave, Syracuse, NY, 13203

4beds
2baths
1,987sqft
$179,000
$90price/sqft
$1,694/moest. monthly cost
$67,760/yrincome needed

About This Home

Fully renovated two-family investment opportunity in the heart of Syracuse's Northside, ideallly located directly across from St. Joseph's Hospital - an unbeatable location for strong tenant demand including medical professionals and traveling nurses. This spacious duplex features a 3 bedroom 1 bath lower unit and a 1 bedroom 1 bath upper unit, both offering updated interiors and functional layout. Seperate utilities, a full basement for storage and off street parking make it both efficient and attractive fopr tenants. Total monthly gross rent is 2450.00$ (downstairs if currently rented for 1450.00$ upstairs is projected to rent for 1000.00$) for a total Gross Annual Income of 29,400.00. This property delivers an approximate 13.7% Gross Cap Rate, making it a standout addition to any investment portfolio. Hours notice required for all showings please make request in Showing Time. Downstairs tenant will let you in. Upstairs unit is vacant.

Getting Around

86
WalkingVery Walkable
52
TransitGood Transit
42
BikeSomewhat Bikeable

Schools

3/10
2/10
Lincoln Middle SchoolGrades 6-81.3 mi
1/10
Henninger High SchoolGrades 9-121.4 mi

Construction

Condition

  • Property condition: Resale
  • Year built: 1910

Materials

  • Foundation: Block
  • Roof: Asphalt
  • Construction materials: Vinyl Siding

Type & Style

  • Home type: MultiFamily
  • Architectural style: Duplex
  • Property subType: Duplex,Multi Family

Interior

Appliances

  • Appliances included: Gas Water Heater

Basement

  • Has basement: Yes
  • Basement: Full

Bedrooms & Bathrooms

  • Bedrooms: 4
  • Bathrooms: 2
  • Full bathrooms: 2

Features

  • Flooring: Hardwood,Laminate,Varies

Heating

  • Heating features: Electric,Gas,Baseboard,Forced Air

Interior Area

  • Total structure area: 1,987
  • Total interior livable area: 1,987 sqft

Property

Details

  • Parcel number: 31150001700000090010000000
  • Special condition: Standard

Features

  • Levels: Two
  • Stories: 2

Lot

  • Lot size: 4,068 sqft
  • Features: Near Public Transit,Rectangular,Rectangular Lot,Residential Lot
  • Lot size dimensions: 37 x 110

Parking

  • Parking features: Two or More Spaces