This ten-unit apartment building, located on the corner of Comstock Avenue and East Genesee Street in the heart of Syracuse’s coveted student rental market, offers an exceptional opportunity for investors seeking both stability and upside. The property features a well-balanced mix of studio-, one-, two-, and three-bedroom units with high ceilings, abundant natural light, and charming hardwood floors that create a warm, inviting atmosphere. Each unit is separately metered for utilities, and off-street parking is available, an added bonus. Right next to businesses, other apartments, and coffee shops and just steps from Syracuse University. Also, the building sits directly across from the highly anticipated $90 million "Rosie" development, which will bring 286 new apartments and retail space to the 1300 block of East Genesee Street. Surrounded by expanding amenities, public transit access, and consistent rental demand, this property offers a rare combination of immediate performance and long-term appreciation potential.
6,711 Sq Ft
0.24 Private Acres Exterior Space
Investment
$23,762 Annual Tax
Built in 1940
MLS/Listing ID S1618236
3 Stories
10 Units
Coin-operated
Lot - Near Public Transit
Lot - Corner Lot
Parking - Threeormore Spaces
Parking - No Garage
Parking - Driveway
Shingle
Refrigerator
Gas Water Heater
Heating - Gas
Carpet
Ceramic Tile
Hardwood
Construction - Vinyl Siding
Community - Laundry Facilities
KAREN E WHALEN - 315-663-6633
Source of Data: NEW YORK STATE MLS