About 506 Valley Drive # 8
An exceptional investment opportunity with this amazing four-unit apartment building, perfectly suited for savvy investors or owner-occupants seeking steady rental income. This meticulously maintained property features two spacious two-bedroom units and two cozy one-bedroom units, each with separate gas and electric meters, separate furnaces, hot water heaters & electric breaker panels allowing tenants to pay their own utilities to minimize owner expenses. The building boasts numerous modern upgrades, including several brand-new furnaces, several new hot water tanks, a new service cable entry line, and new PEX plumbing lines, ensuring efficiency, safety, and durability. Each apartment has had some level of remodel with contemporary finishes, updated kitchens, refreshed bathrooms, making this turnkey property a cash-flowing gem with strong rental potential—schedule a viewing today!
Features of 506 Valley Drive # 8
| MLS® # | S1625800 |
|---|---|
| Price | $299,900 |
| Bedrooms | 6 |
| Bathrooms | 4.00 |
| Full Baths | 4 |
| Square Footage | 5,872 |
| Square Footage | 10685 |
| Acres | 0.25 |
| Year Built | 1920 |
| Type | Residential |
| Sub-Type | Multi Family |
| Style | Fourplex |
| Status | Active Under Contract |
Community Information
| Address | 506 Valley Drive # 8 |
|---|---|
| Area | Syracuse City |
| Subdivision | South Valley |
| City | Syracuse |
| County | Onondaga |
| State | NY |
| Zip Code | 13207 |
Amenities
| Utilities | Sewer Connected, Water Connected, Water |
|---|---|
| Features | Rectangular, Rectangular Lot, Residential Lot |
| Parking | Paved, Two or More Spaces |
| # of Garages | 4 |
| Garages | Paved, Two or More Spaces |
| Is Waterfront | No |
| Has Pool | No |
Interior
| Interior | Hardwood, Luxury Vinyl, Varies |
|---|---|
| Appliances | Gas Water Heater |
| Heating | Gas, Forced Air |
| Fireplace | No |
| # of Stories | 2 |
| Stories | 2 |
| Has Basement | Yes |
| Basement | Full |
Exterior
| Exterior | Vinyl Siding |
|---|---|
| Lot Description | Rectangular, Rectangular Lot, Residential Lot |
| Construction | Vinyl Siding |
School Information
| District | Syracuse |
|---|
Additional Information
| Short Sale | No |
|---|---|
| RE / Bank Owned | No |
Listing Details
| Office | Hunt Real Estate ERA |
|---|