Active
508 West Brighton Avenue
Syracuse NY, 13205
$2,850,000
$101.67 per sqft
Active
38 Beds
28,032 sqft
Other
Built in 1945
Welcome to Brighton Place Townhouses! Rare opportunity to own an apartment complex consisting of all 2 bed/1 bath townhome style units. This property has 38 total units and 14 garage bays. All units are identical with a front and back door, main living room with hardwoods and full kitchen on the first floor. Upstairs are the two bedrooms and full bathroom. Each apartment has its own basement, furnace, water tank, gas & electric meter. Tenants pay their own utilities besides water/sewer. Plenty of parking for all residents at this property. Property continues to run at a high occupancy with virtually no vacancy. Property is being offer at $2.85M which is a 10.58% cap rate based on income and expenses. Square footage is from On.gov tax records.
S1574309
MLSⓇ ID
October 28, 2024
Listed
November 22, 2024
Updated
Map
508 West Brighton Avenue
Syracuse NY, 13205
Interior Features
Total Stories
2
Bedrooms
38
Appliances
Gas Oven, Gas Range, Gas Water Heater, Refrigerator
Floor Description
Hardwood, Varies
Fireplace
No
Cooling
No
Heating
Yes
Heating Description
Gas, Forced Air
Exterior/Building Features
Lot Size
2.48 Acres
Exterior Features
Blacktop Driveway
Lot Features
Residential Lot
Roof
Asphalt
Sewer
Connected
School Information
School District
Syracuse
Other Property Details
Area Name
Syracuse City-311500
Taxes
$36,097
Tax Frequency
Annually
Garage
No
Parking
Three or more Spaces
View
No
County
Onondaga
Municipality
Not Applicable
Water Source
Connected, Public
Pool
No
Courtesy of Hunt Real Estate ERA, Dante Belmonte
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Data last updated 6:16 PM UTC, 11/22/2024