407 Grant AVE Syracuse, NY 13207
4 Beds
2 Baths
2,240 SqFt
UPDATED:
Key Details
Property Type Multi-Family, Mobile Home
Sub Type Multi Family
Listing Status Pending
Purchase Type For Sale
Square Footage 2,240 sqft
Price per Sqft $49
Subdivision Cowles
MLS Listing ID S1663880
Bedrooms 4
Full Baths 2
Construction Status Existing
HOA Y/N No
Year Built 1927
Annual Tax Amount $2,644
Lot Size 3,998 Sqft
Acres 0.0918
Lot Dimensions 40X100
Property Sub-Type Multi Family
Property Description
Located in the desirable Strathmore neighborhood, this fully occupied duplex offers strong in-place cash flow and operational efficiency, making it an ideal addition to any investor's portfolio.
Each unit features 2 bedrooms and 1 bathroom, providing spacious layouts that appeal to long-term tenants. The property is currently fully rented with both units occupied, generating $2,300 per month in total rental income ($1,200 and 1,100 per unit).
Separate gas and electric meters allow for improved expense management and increased investment efficiency, a highly desirable feature for long-term buy-and-hold investors.
Investment Highlights:
?? Fully rented duplex producing $2,300/month
?? Two spacious 2 bed / 1 bath units
?? Separate gas and electric meters
?? Located in established and desirable Strathmore neighborhood
?? Strong tenant demand and consistent rental performance
This property is part of a portfolio package sale and must be sold together with:
141 Marvin Rd, Syracuse, NY 13207 S1663767
120 Marvin Rd, Syracuse, NY 13207 S1663789
653 E Division St, Syracuse, NY 13208 S1663883
Ideal for investors seeking immediate scale with multiple performing assets across Syracuse's proven rental corridors. Portfolio offers stabilized income with expansion potential.
Location
State NY
County Onondaga
Community Cowles
Area Syracuse City-311500
Rooms
Basement Full
Interior
Heating Gas, Forced Air
Flooring Carpet, Laminate, Varies
Fireplace No
Appliance Gas Water Heater
Exterior
Utilities Available Sewer Connected, Water Connected
Building
Lot Description Rectangular, Rectangular Lot, Residential Lot
Story 2
Sewer Connected
Water Connected, Public
Level or Stories Two
Structure Type Wood Siding
Construction Status Existing
Schools
School District Syracuse
Others
Senior Community No
Tax ID 311500-088-000-0011-007-000-0000
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition Standard
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