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Property view

101 Herkimer Street, 
Syracuse, NY 13204

$230,000


8

Beds


3

Baths


3,575

Sq Ft


Multi-Family

Sold

Listed by

Zachary Johnson

Bought with Howard Hanna Real Estate

Hunt Real Estate ERA

315-488-2926

MLS#

S1582992

Source:

NY GENRIS

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About This Home

101 Herkimer Street

Investment Opportunity: Fully Rented 3-Unit Multi-Family Property with Upside Potential Discover an exceptional investment opportunity with this fully occupied 3-unit multi-family property. Each unit is separately metered, with tenants responsible for their own utilities, ensuring low operational costs and streamlined management. Currently, rents are below market value, presenting immediate upside potential for increased cash flow through rent adjustments. The property benefits from professional property management already in place, with the management team willing to stay on board to ensure a seamless transition and continued operational efficiency. Whether you’re a seasoned investor looking to add to your portfolio or a newcomer seeking a low-maintenance, income-generating asset, this property offers both stability and significant growth potential. Don’t miss out on this value-add opportunity

Home Facts

Multi-Family

3 Baths

8 Bedrooms

Built in 1920

Price Summary

228,500

$63 per Sq. Ft.

MLS #:

S1582992

Sold:

March 7, 2025


Rooms & Interior

Bedrooms

Total Bedrooms:

8

Bathrooms

Total Bathrooms:

3

Full Bathrooms:

3

Interior

Living Area:

3,575 Sq. Ft.


Structure

Structure

Building Area:

3,575 Sq. Ft.

Year Built:

1920


Lot

Lot Size (Sq. Ft):

7,501


Finances & Disclosures

Finances

Price:

$228,500

Price per Sq. Ft:

$63 per Sq. Ft.

Source:NY GENRIS
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