CB Faith Broker
cbfaithbrokerbroker@chime.me1224 N State ST Syracuse, NY 13208
6 Beds
2 Baths
2,148 SqFt
UPDATED:
Key Details
Property Type Multi-Family, Mobile Home
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
Square Footage 2,148 sqft
Price per Sqft $86
Subdivision City/Syracuse
MLS Listing ID S1716507
Style Duplex
Bedrooms 6
Full Baths 2
Construction Status Existing
HOA Y/N No
Year Built 1880
Lot Size 5,100 Sqft
Acres 0.1171
Lot Dimensions 42X120
Property Sub-Type Multi Family
Property Description
Excellent opportunity to own a well-maintained **two-family property at 1224 N. State Street in Syracuse, NY**, featuring two spacious 3-bedroom, 1-bath apartments and a large, fully paved lot with abundant off-street parking.
The property currently generates **$2,450 per month in combined rental income, or $29,400 annually in gross rental income**. Both apartments are occupied under **one-year leases**, with tenants current on rent and a history of being reliable and problem-free.
Each apartment operates independently with its **own furnace, hot water tank, and separately metered utilities**. Tenants pay their own gas/electric utilities, while the owner is responsible only for water—helping keep operating expenses low and making this property especially attractive to investors.
The first-floor apartment offers three bedrooms, one full bathroom, and washer/dryer hookups. The second-floor apartment also features three bedrooms and one full bathroom.
Outside, the **fully paved lot requires no grass cutting or lawn maintenance** and provides substantial parking for tenants and guests.
With two 3-bedroom units, separate utilities, existing leases, reliable rental income, minimal owner-paid utilities, and a spacious low-maintenance lot, **1224 N. State Street presents a compelling opportunity for an investor looking to add an income-producing property to their portfolio.**
Location
State NY
County Onondaga
Community City/Syracuse
Area Syracuse City-311500
Rooms
Basement Exterior Entry, Walk-Up Access
Interior
Heating Gas, Forced Air
Flooring Carpet, Laminate, Varies
Fireplace No
Appliance Gas Water Heater
Laundry Washer Hookup
Exterior
Exterior Feature Fully Fenced, Private Yard, See Remarks
Garage Spaces 4.0
Fence Full
Utilities Available Sewer Connected, Water Connected
Roof Type Pitched,Shingle
Garage Yes
Building
Lot Description Rectangular, Rectangular Lot
Story 2
Sewer Connected
Water Connected, Public
Architectural Style Duplex
Level or Stories Two
Structure Type Frame,Vinyl Siding,PEX Plumbing
Construction Status Existing
Schools
School District Syracuse
Others
Senior Community No
Tax ID 311500-007-000-0035-032-000-0000
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition Standard
Virtual Tour https://www.propertypanorama.com/instaview/syr/S1716507
NEARBY SCHOOLS & PROPERTIES
CB Faith Broker