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218 Seeley Rd. 218 Seeley Rd

2 Unit Apartment Building $201,063 CAD ($100,532 CAD/Unit) 12.16% Cap Rate Syracuse, NY 13224

EXECUTIVE SUMMARY

Price Reduction!!!! Just getting into the rental property business, or looking to expand your portfolio? Well here's your opportunity with this fully rented, two unit property, that has a gross income of $21,000! Please come check out this income property located right down the street from Erie Blvd. E., and close to I690. There is also opportunity to add value as the basement is partially finished which adds more living space. This property also has two separate driveways and a one car garage, giving it the off street parking highlight that renters look for.

FINANCIAL SUMMARY (ACTUAL - 2024)

ANNUAL (CAD) ANNUAL PER SF (CAD)
Gross Rental Income - -
Other Income - -
Vacancy Loss - -
Effective Gross Income - -
Net Operating Income $24,407 $19.37

FINANCIAL SUMMARY (ACTUAL - 2024)

Gross Rental Income (CAD)
Annual -
Annual Per SF -
Other Income (CAD)
Annual -
Annual Per SF -
Vacancy Loss (CAD)
Annual -
Annual Per SF -
Effective Gross Income (CAD)
Annual -
Annual Per SF -
Net Operating Income (CAD)
Annual $24,407
Annual Per SF $19.37

PROPERTY FACTS

Price $201,063 CAD
Price Per Unit $100,532 CAD
Sale Type Investment
Cap Rate 12.16%
No. Units 2
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low Rise
Building Class C
Lot Size 0.15 AC
Building Size 1,260 SF
No. Stories 2
Year Built 1971

UNIT AMENITIES

  • Air Conditioning
  • Heating
  • Ceiling Fans
  • Kitchen
  • Tub/Shower

SITE AMENITIES

  • 24 Hour Access
  • Controlled Access
  • Tenant Controlled HVAC
  • Smoke Free
  • Smoke Detector

ZONING

Zoning Code 02 - SINGL
02 - SINGL
  • Listing ID: 33967908

  • Date on Market: 2024-11-22

  • Last Updated:

  • Address: 218 Seeley Rd, Syracuse, NY 13224

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