414 Garfield Avenue, Syracuse, NY 13205

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Property Description

Discover this high-potential investment opportunity in Syracuse's Brighton neighborhood with this four-unit multifamily property, ideal for investors looking to add value and build long-term returns. Each unit offers 2 bedrooms and 1 full bath, providing an attractive layout for strong rental demand. Two units remain in good, livable condition, while the other two require renovation due to damage from an exterior fire-creating significant upside potential. Currently, one unit is rented, with three units vacant and ready for updates or new tenants once repairs are complete creating a potential for units to rent comfortably at $1600 a month each! Due to the condition of the property, cash offers only will be considered. Conveniently located half a mile from the university neighborhood, just outside of SU, this property is close to local amenities, parks, and major roadways, presenting a rare chance to unlock excellent value in the Syracuse market. This is your chance to build sweat equity and have a producing cash cow!

414 Garfield Avenue | MLS# S1653531

This multi-family property located at 414 Garfield Avenue, Syracuse, NY 13205 is currently listed for sale with an asking price of $159,900. Garfield Avenue is located within the Syracuse school district. Search Syracuse real estate on online.cbpp.com today.

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Property Features

Property Type: Multi Unit - Multiple
Basement: Full
Heating: Gas, Forced Air
Home Style: Fourplex
Lot Size: 0.12 Acres
Stories: 2.0
Taxes: $5,066
Year Built: 1900

Feature Descriptions

Appliances: Gas Water Heater
Days on Site: 119
Exterior: Shake Siding, Wood Siding
Flooring: Hardwood, Varies, Vinyl
Lot: Corner Lot, Irregular Lot, Near Public Transit
Lot Dimensions: 44X121
Parcel#: 311500-084-000-0016-007-000-0000
Parking: Paved, Two or More Spaces
Parking Notes: Paved, Two or More Spaces
Sewer: Connected
Units: 4
Utilities: Sewer Connected, Water Connected
Water: Connected, Public

Local Schools

School District: Syracuse

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Estimated Payment

$ 824.67 per month $355.87 Principal & Interest $422.17 Property Tax $46.64 Homeowner's Insurance

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(Payments are an estimate and may vary by lender)

Demographics

Listed By / Shown By

Listing By

Agency Name: Skinner & Assoc. Realty LLC
Agency Phone: 315-373-6896

Shown By

Agency Title: Coldwell Banker Prime Properties
Agency Phone: 866-323-CBPP

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