Active

101 Comstock Avenue 8

Syracuse NY, 13210

$1,200,000


$178.81 per sqft

Active

8 Beds

6,711 sqft

Other

Built in 1940

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.

S1537198

MLS ID

May 13, 2024

Listed

July 13, 2024

Updated

Map

101 Comstock Avenue 8
Syracuse NY, 13210

Interior Features

Total Stories

3


Bedrooms

8


Appliances

Gas Oven, Gas Range, Gas Water Heater, Refrigerator


Laundry Description

Coin-operated


Floor Description

Carpet, Ceramic Tile, Hardwood, Varies


Fireplace

No


Cooling

No


Heating

Yes


Heating Description

Gas, Forced Air

Exterior/Building Features

Lot Size

0.24 Acres


Exterior Features

Blacktop Driveway


Lot Features

Corner Lot


Roof

Shingle


Sewer

Connected

School Information

School District

Syracuse

Other Property Details

Area Name

Syracuse City-311500


Taxes

$23,550


Tax Frequency

Annually


Days on Market

3


Garage

No


Parking

No Garage


View

No


County

Onondaga


Municipality

Not Applicable


Water Source

Connected, Public


Pool

No


Buyer Agency Compensation

1.5%

 

Courtesy of University Hill Realty Ltd, Daniel Murphy

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