318 E Division St, Syracuse, NY 13208
318 E Division St, Syracuse, NY 13208
318 E Division St, Syracuse, NY 13208
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Khem Kadariya

Khem Kadariya

+1(585) 732-8665
$419,900
Est. payment /mo
3,092 SqFt
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UPDATED:

Key Details

Property Type Commercial

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

Square Footage 3,092 sqft

Price per Sqft $135

MLS Listing ID S1720614

Construction Status Existing

HOA Y/N No

Year Built 1910

Annual Tax Amount $6,062

Lot Size 3,049 Sqft

Acres 0.07

Lot Dimensions 33X99

Property Sub-Type Mixed Use

Property Description

Excellent mixed-use investment opportunity featuring one commercial retail space and four residential apartments, offering multiple income streams under one roof! The commercial space provides great visibility and flexibility for a variety of retail or business uses and is currently rented for $1,500 per month. The residential portion consists of four apartments, including two 2-bedroom units, one 3-bedroom units, and one 1-bedroom unit. Providing an attractive unit mix for investors. Current residential rents are $1,250, $1,321, $1,100, and $1,690 per month, bringing the property's total current gross rental income to $6,861 per month, or $82,332 annually. With five total income-producing units and a combination of commercial and residential space, this property offers an excellent opportunity to add a diversified asset to your portfolio. Whether you're looking to expand your investment holdings or take advantage of the property's mixed-use potential, this is an opportunity worth exploring!

Location

State NY

County Onondaga

Area Syracuse City-311500

Zoning 010

Interior

Heating Electric, Gas, Baseboard, Forced Air

Inclusions Land and Building

Fireplace No

Exterior

Utilities Available Sewer Connected, Water Connected

Roof Type Asphalt,Shingle

Building

Lot Description Rectangular, Rectangular Lot

Story 2

Sewer Public Sewer

Water Public

Level or Stories Two

Structure Type Brick,Block

Construction Status Existing

Schools

School District Syracuse

Others

Tax ID 311500-008-000-0011-004-000-0000

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Special Listing Condition Standard

Virtual Tour https://www.propertypanorama.com/instaview/syr/S1720614

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Listed by Move Real Estate

Nearby Locations

Khem Kadariya

Khem Kadariya

Phone

+1(585) 732-8665

Address

333 Metro Park, Rochester, NY 14623, USA

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318 E Division St