**INVESTOR OPPORTUNITY - TWO-FAMILY PROPERTY WITH VALUE-ADD POTENTIAL** Investors, take a look! This two-unit property on the North Side of Syracuse offers an excellent opportunity to acquire a property with **existing rental income and significant upside potential**. The first-floor apartment features **two bedrooms** and is currently occupied by a good tenant paying **$900 per month** on a month-to-month rental arrangement, providing immediate income to the new owner. The lower level features a **partially finished one-bedroom apartment** that requires additional work before it can be placed into service. Once completed, this additional living space could provide another source of rental income and significantly improve the property's overall income-producing potential. The property also includes a **two-car detached garage** in the rear, along with a side driveway and off-street parking-an attractive feature for both tenants and future rental potential. This is a classic **value-add investment opportunity**: collect income from the existing tenant while completing the lower-level apartment and increasing the property's future cash flow. Whether you're an experienced investor or looking for your next project, this property offers multiple ways to add value. **Bring your vision, make the improvements, and unlock the property's full income potential. Come take a look!**
Listing By
Agency Name: Mauro Bros Real Estate Ser LLC
Agency Phone: 646-238-5965
Shown By
Agent Name: John Corrao
Agent Phone: Cell: (716) 390-5988
Agency Title: MJ Peterson Real Estate
Estimated Payment
$ 274.38 per month $242.59 Principal & Interest $0.00 Property Tax (data not provided by mls) $31.79 Homeowner's InsuranceIf the email address was found in our system, your password has been sent. Please check your inbox.
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733 N Alvord Street | MLS# S1717311
This home located at 733 N Alvord Street , Syracuse, NY 13208 is currently listed for sale with an asking price of $109,000. This property was built in 1920 and has 3 bedrooms and 2 full baths with 918 sq. ft. N Alvord Street is located in the City/Syracuse subdivision within the Syracuse school district. Search City/Syracuse real estate on jcorrao.mjpeterson.com today.