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611-617 N Salina Street

2 Retail Properties Offered at $1,350,000 in Syracuse, NY

Investment Highlights

  • Almost maintenance free with hot water heat.
  • Recently updated with no detail left undone.

Executive Summary

Absolutely one of the best pair of mixed use buildings in Little Italy. Four 3 bedroom units plus (2) 1400 sq-ft +/- store front. Parking. 4 story building including storefronts and lower level. No detail missed here, TURN KEY BUILDINGS FOR THE HANDS OFF INVESTOR. NOTHING TO DO. Almost maintenance free with hot water heat. Many design details exposed brick, tall ceilings, oak staircases, higher end appliances, fire-escapes, new roofs, dramatic features, wired for Ethernet, cable etc. Modern boilers run efficiently. large tall dry basements with roll-up/doors. Owner managed on all properties for last 10 to 20 years. All these properties are in excellent condition.

Property Facts

Price $1,350,000
Price / SF $95.06 / SF
Cap Rate 6.30%
Sale Type Investment
Status Active
Number of Properties 2
Individually For Sale 2
Total Building Size 14,202 SF
Total Land Area 0.14 AC

Properties

Property Name / Address Property Type Size Year Built Individual Price
611-613 N Salina St, Syracuse, NY 13208 Retail 6,522 SF 1920 $675,000
615-617 N Salina St, Syracuse, NY 13208 Retail 7,680 SF 1930 $675,000
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  • Listing ID: 24322031

  • Date on Market: 10/19/2021

  • Last Updated:

  • Address: 611-617 N Salina Street, Syracuse, NY

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