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
| Office | Candy Costa Real Estate LLC |
|---|
