1265 W Genesee Street, Syracuse, NY

$1,270,000

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16

Beds

13,167

Square feet

0.22

Acres

About 1265 W Genesee Street

ATTENTION MULTIFAMILY INVESTORS! Opportunity awaits at 1265 W Genesee Street on Syracuse’s West Side! This 21-UNIT APARTMENT COMPLEX offers the size, location, improvements, and multiple income streams investors are looking for. Conveniently located just minutes from Downtown Syracuse, this three-story building sits on a 0.22-acre lot and features recently renovated units throughout. A major investment advantage TENANTS HAVE INDIVIDUAL UTILITY BILLS, with electric baseboard heat and individual A/C units, helping reduce owner-paid utility expenses. Public utilities service the property. Designed with convenience in mind, the property features a U-shaped driveway providing easy ingress and egress, plus a designated rear parking lot for tenants. Additional revenue opportunities include on-site coin-operated laundry and storage units available for additional monthly income. Built in 1940 and positioned in an established Syracuse rental market, this 21-unit property offers an opportunity to acquire a substantial multifamily asset with renovated units, tenant-paid utilities, parking, and supplemental income sources already in place. ADD 21 UNITS TO YOUR PORTFOLIO IN ONE TRANSACTION! Whether you're expanding an established multifamily portfolio or seeking your next investment opportunity, 1265 W Genesee Street deserves a closer look. The opportunity is here—this could be just the beginning!

Features of 1265 W Genesee Street

MLS® # S1714087
Price $1,270,000
Bedrooms 16
Bathrooms 0.00
Square Footage 13,167
Square Footage 9500
Acres 0.22
Year Built 1940
Type Multi Family
Sub-Type Other
Status Active

Community Information

Address 1265 W Genesee Street
Area Syracuse City
Subdivision West Side
City Syracuse
County Onondaga
State NY
Zip Code 13204

Amenities

Utilities Sewer Connected, Water Connected, Common Area Maintenance, Snow Removal, Trash Collection
Features Near Public Transit, Rectangular, Rectangular Lot, Residential Lot
Parking Driveway, No Garage, Shared Driveway
Garages Driveway, No Garage, Shared Driveway
Is Waterfront No
Has Pool No

Interior

Interior Carpet, Luxury Vinyl, Resilient, Tile, Varies
Appliances Electric Cooktop, Electric Water Heater, Gas Water Heater, Refrigerator
Heating Electric, Gas, Baseboard
Fireplace No
# of Stories 3
Stories 3
Has Basement Yes
Basement Full

Exterior

Exterior Aluminum Siding, Vinyl Siding, Wood Siding
Exterior Features Blacktop Driveway
Lot Description Near Public Transit, Rectangular, Rectangular Lot, Residential Lot
Roof Asphalt
Construction Aluminum Siding, Vinyl Siding, Wood Siding

School Information

District Syracuse

Additional Information

Short Sale No
RE / Bank Owned No

Listing Details

OfficeCandy Costa Real Estate LLC

Listing Map

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