101 Comstock Avenue # 8 Syracuse, NY $ 1,200,000
101 Comstock Avenue # 8
$ 1,200,000
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101 Comstock Avenue # 8

Syracuse, NY, 13210
$ 1,200,000
Bedrooms8 Baths0.0 Sq 6,711

Monthly Estimate*

$ 7,976

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Commercial Property for sale in Syracuse, NY

for $1,200,000 with 8 bedrooms. This 6,711 square foot building was built in 1940 on a lot size of 0.236.

In the heart of Syracuse's coveted student rental market. This well-maintained 10-unit apartment building, on the corner of Comstock Ave and East Genesee Street, offers an unparalleled investment opportunity. All units are currently leased through 2025 or 2026, ensuring immediate and steady rental income for investors. High ceilings, great natural light, and charming hardwood floors combine to provide an inviting atmosphere. Coin-operated laundry facilities and separate utilities for each unit offer added convenience for tenants. Positioned directly across the street from The 505 on Walnut and the $90 million development on the 1300 block of East Genesee Street residents benefit from the burgeoning amenities and attractions in the area. This property presents a truly unique opportunity to capitalize on Syracuse University's steady student population. With a prime location, fully leased units, and proximity to major developments, investors can expect strong rental demand and potential for future appreciation. Whether you're a seasoned investor looking to expand your portfolio or a newcomer seeking a lucrative venture, this property promises a wealth of opportunity.

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Commercial Active

Price

$ 1,200,000

Bedrooms

8

Property Type

Commercial

Taxes

$ 23,550

Style

Lot Size

0.236

Year Built

1940

Town/City

Syracuse

County/Region

Onondaga

MLS | Web ID

S1537198

Features
General
Sewer Connected
Heating Gas ForcedAir
Utilities SewerConnected WaterConnected
Possession CloseOfEscrow
Roof Shingle
Appliances GasOven GasRange GasWaterHeater Refrigerator
Exterior Features BlacktopDriveway
Garage Spaces 0.0
Construction Materials Other SeeRemarks
Year Built 1940
Stories 3
Township Not Applicable
Unit Number 8
Property SubType Other
Gross Income 131292.0
Community Features LaundryFacilities
County Onondaga
Property Type CommercialSale
Subdivision Name Highlands/Syracuse
Garage Y/N No
Rent Includes Other SeeRemarks
Status Active
Directions Head East on E Genesee. Property is on the corner of E Genesee and Comstock Av. on your right.
City Syracuse
High School District Syracuse
Total Units 10
MLS Area Syracuse City-311500
Lot Size Square Feet 10281.0
Waterfront Y/N No
Street Name Comstock
Year Built Details Existing
Tax Annual Amount 23550.0
Property Condition Resale
Virtual Tour https://www.propertypanorama.com/instaview/syr/S1537198 https://www.propertypanorama.com/instaview-tour/syr/S1537198
Days on Market 3
Standard Status Active
Middle/Junior School District Syracuse
Elementary School District Syracuse
Tax Assessed Value 515000
TaxOtherAnnualAssessmentAmount 0.0
Tax Lot 28
Property Sub Type Additional Other
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Interior
Basement Full
Flooring Carpet CeramicTile Hardwood Varies
Total Fireplaces 0
Total Stories 3
Basement (Y/N) Yes
Heating Y/N Yes
Fireplace Y/N No
Street Suffix Avenue
Laundry Features Coinoperated
Total Bedrooms 8
Main Level Bathrooms 0
Total Baths 0
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Exterior
Parking Features NoGarage
Lot Features CornerLot
Water Source Connected Public
Lot Size Area 0.236
Building Area Total 6711.0
Lot Dimensions 82X125
Lot Size Acres 0.236
Lot Size Units Acres
Number of Separate Gas Meters 9
Number of Separate Electric Meters 10
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Internal Only
Street Number 1 101
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* Excluded Features
List By
University Hill Realty Ltd

Broker

(315) 422-0709

Phone

Affordability Calculator

$9,938
Per Month
80%
20%
0%
Monthly Principal & Interest
$7,976
Monthly Property Taxes
$1,963
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
247387 Elementary School
247878 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
5/13/2024$1,200,000 Listed Price

Map


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101 Comstock Avenue # 8, Syracuse, NY, 13210 is a Commercial Property for sale at $1,200,000 with 6,711 sqft and a lot size of 0.236. 101 Comstock Avenue # 8 has 8 bedrooms, 0.0 baths, and was built in 1940. The property's zip code is 13210 which is in Syracuse, NY