For Sale
$720,000

1027 Highland St Syracuse, NY 13203

Nine-unit apartment building, excellent cash flow.

Property Records

Overview

Added:
Dec 11, 2024
Days on market:
139
This well-maintained, three-story apartment building at 1027 Highland St, Syracuse, NY 13203, presents a compelling investment opportunity. Built in 1975, the property boasts a total of 7,275 square feet and comprises nine units: three one-bedroom apartments and six two-bedroom apartments. Most units have undergone recent updates. Each unit includes a dedicated parking space, adding significant value for tenants. Upper-level apartments feature the added convenience of private balconies accessible via sliding glass doors. The property also includes a two-car garage and an on-site coin-operated laundry facility for tenant use. Two separate boiler systems ensure efficient heating. Landlord pays for hot water and heat, while tenants are responsible for their own electricity. This consistently profitable property offers a strong return on investment, making it an ideal addition to any portfolio. The asking price is $720,000.

Highlights

  • $720,000 asking price.
  • Nine-unit multifamily apartment building.
  • 7,275 square feet.
  • Built in 1975, three stories.
  • One building with nine units (three one-bedroom, six two-bedroom).
  • Most units updated; each unit includes one parking space; upper units have balconies.

Property Details for 1027 Highland St

Property type
Apartment buildings
Square Feet
7,275 SF
Year Built
1975
Buildings
1
Stories
3
Units
9

Location Insight

City
Syracuse
County
Onondaga
State
New York
Latitude
43.067313
Longitude
-76.1422091

FAQs

What type of property is this?
Apartment building - Nine-unit apartment building, excellent cash flow.
Where is the apartment building located?
The property is located at 1027 Highland St Syracuse, NY.
What is the asking price?
The asking price for this property is $720,000.
What are key features of this property?
This property features: $720,000 asking price.; Nine-unit multifamily apartment building.; 7,275 square feet.
How can I contact the broker?
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1027 Highland St
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