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325 Liberty St

syracuse, NY 13204

$499,900

    Interested? Let's Connect

    A unique 13-unit SRO (single room occupancy) turnkey property will make an excellent high-cashflow addition to your investment portfolio. The building consists of 13 furnished rooms each with a small kitchenette, plus two shared bathrooms. The resident manager has lived onsite for 15+ years and handles most management duties including leasing, rent collection, and minor repairs. The property operates extremely efficiently. It is a quiet building, mainly rented to long-term tenants, some of whom have lived there for over 20 years. Many recent capital improvements include driveway paving (2022), new windows (2022), new roof (2014), and vinyl siding. Multiple units have been fully renovated this year including new furniture and tvs. Large, paved parking lot in the year for plenty of off-street parking. This is a great opportunity to add a high cashflow/low maintenance property to your portfolio. In additon to the full renovation in 4 of the units (2025), other updates include a newer roof, new windows (2022), new water heater, repaired & replaced facia & vinyl siding, and driveway paving (2022).

    Details

    6,951 Sq Ft

    0.2226 Private Acres Lot Size

    investment

    $6,252 Annual Tax

    Built in 1940

    MLS/Listing ID S1650662

    3 Stories

    13 Units

    Amenities & Features

    Heating - Forced Air

    Heating - Gas

    Furnished

    Carpet

    Gas Water Heater

    Refrigerator

    Shingle

    Parking - No Garage

    Parking - One Space

    Lot - Near Public Transit

    Lot - Rectangular Lot

    Washer Hookup

    Construction - Vinyl Siding

    Construction - Copper Plumbing

    Vinyl

    Tile

    Estimate my mortgage

    TOTAL MONTHLY COST

    $0

    • PRINCIPAL & INTEREST

      $0

    • PROPERTY TAXES

      $0

    • Common Charges

      $0

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