UPDATED:
Key Details
Property Type Commercial
Sub Type Business
Listing Status Active
Purchase Type For Sale
Square Footage 53,740 sqft
Price per Sqft $184
Subdivision University Townhouses
MLS Listing ID S1709430
Construction Status Existing
HOA Y/N No
Year Built 1975
Annual Tax Amount $130,959
Lot Size 3.190 Acres
Acres 3.19
Lot Dimensions 1271X110
Property Sub-Type Business
Property Description
Have you ever dreamed of owning your own street? Here is your opportunity to acquire an exceptional investment portfolio in one of Syracuse's most sought-after locations—just minutes from Syracuse University, area hospitals, and the SU sports complex.
This unique offering includes 23 townhome buildings totaling 46 units, providing an outstanding opportunity for investors seeking scale, strong rental demand, and a prime location. The portfolio includes 41 three-bedroom, 1.5-bath units, many furnished, each thoughtfully designed with a comfortable living room, dining area, kitchen, laundry, balcony, storage, garage, and off-street parking. 2 four-bedroom, 1.5 baths units. 3 three-bedroom, 1 bath units.
Most of the buildings have been remodeled, offering a turn-key investment opportunity with desirable amenities that appeal to students, medical professionals, faculty, and other tenants seeking convenient housing near the university and major medical centers.
The lot size and square footage reflect the combined totals for all 23 buildings. Financials, rent rolls, and additional property information are available upon request.
A rare opportunity to acquire a substantial residential portfolio in a premier Syracuse location—23 buildings, 46 units, and almost an entire street of investment potential!
Location
State NY
County Onondaga
Community University Townhouses
Area Syracuse City-311500
Zoning 02
Direction E. Colvin to Robert Drive. Set GPS to 1105 E Colvin Street - that will be the first unit on the right.
Rooms
Basement None, Partial
Interior
Heating Electric, Gas, Heat Pump, Individual, Other, See Remarks, Forced Air
Cooling Heat Pump, Other, See Remarks, 1 Unit
Flooring Hardwood, Linoleum, Varies, Vinyl
Inclusions Inventory, Land and Building, Land, Building and Business
Fireplace No
Exterior
Utilities Available Electricity Connected, Sewer Connected, Water Connected
Roof Type Asphalt
Total Parking Spaces 92
Garage Yes
Building
Lot Description Irregular Lot
Story 3
Sewer Public Sewer
Water Public
Structure Type Frame
Construction Status Existing
Schools
Elementary Schools Edward Smith K-8
High Schools Nottingham High
School District Syracuse
Others
Tax ID 311500-058-000-0005-019-000-0000
Acceptable Financing Cash, Private Financing Available
Listing Terms Cash, Private Financing Available
Special Listing Condition Standard
Virtual Tour https://www.propertypanorama.com/instaview/syr/S1709430
Nearby Locations
Khem Kadariya
Phone