Contract

506 Valley Drive
Syracuse, NY 13207

$299,900
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Property Description

An exceptional investment opportunity with this amazing four-unit apartment building, perfectly suited for savvy investors or owner-occupants seeking steady rental income. This meticulously maintained property features two spacious two-bedroom units and two cozy one-bedroom units, each with separate gas and electric meters, separate furnaces, hot water heaters & electric breaker panels allowing tenants to pay their own utilities to minimize owner expenses. The building boasts numerous modern upgrades, including several brand-new furnaces, several new hot water tanks, a new service cable entry line, and new PEX plumbing lines, ensuring efficiency, safety, and durability. Each apartment has had some level of remodel with contemporary finishes, updated kitchens, refreshed bathrooms, making this turnkey property a cash-flowing gem with strong rental potential—schedule a viewing today!

Details

Utilities: Sewer Connected, Water Connected
Appliances: Gas Water Heater
Flooring: Hardwood, Luxury Vinyl, Varies
Basement: Full
Heating: Gas, Forced Air
Architectural Style: Fourplex
Construction Materials: Vinyl Siding
Lot Dimensions: 66 X161
Lot Size: 0.2453
Sewer: Connected
Water: Connected, Public
Parking: Paved, Two Or More Spaces