733 N Alvord Street, Syracuse, NY

About 733 N Alvord Street

**INVESTOR OPPORTUNITY — TWO-FAMILY PROPERTY WITH VALUE-ADD POTENTIAL** Investors, take a look! This two-unit property on the North Side of Syracuse offers an excellent opportunity to acquire a property with **existing rental income and significant upside potential**. The first-floor apartment features **two bedrooms** and is currently occupied by a good tenant paying **$900 per month** on a month-to-month rental arrangement, providing immediate income to the new owner. The lower level features a **partially finished one-bedroom apartment** that requires additional work before it can be placed into service. Once completed, this additional living space could provide another source of rental income and significantly improve the property's overall income-producing potential. The property also includes a **two-car detached garage** in the rear, along with a side driveway and off-street parking—an attractive feature for both tenants and future rental potential. This is a classic **value-add investment opportunity**: collect income from the existing tenant while completing the lower-level apartment and increasing the property's future cash flow. Whether you're an experienced investor or looking for your next project, this property offers multiple ways to add value. **Bring your vision, make the improvements, and unlock the property's full income potential. Come take a look!**

Listing Map