A unique 13-unit SRO (single room occupancy) turnkey property will make an excellent high-cashflow addition to your investment portfolio. The building consists of 13 furnished rooms each with a small kitchenette, plus two shared bathrooms. The resident manager has lived onsite for 15+ years and handles most management duties including leasing, rent collection, and minor repairs. The property operates extremely efficiently. It is a quiet building, mainly rented to long-term tenants, some of whom have lived there for over 20 years. Many recent capital improvements include driveway paving (2022), new windows (2022), new roof (2014), and vinyl siding. Multiple units have been fully renovated this year including new furniture and tvs. Large, paved parking lot in the year for plenty of off-street parking. This is a great opportunity to add a high cashflow/low maintenance property to your portfolio. In additon to the full renovation in 4 of the units (2025), other updates include a newer roof, new windows (2022), new water heater, repaired & replaced facia & vinyl siding, and driveway paving (2022).
Listing by Integrated Real Estate Ser LLCLicense #10401381962
Property Details
Home Type
Multi-Family
Est. Annual Taxes
$6,252
Year Built
Built in 1940
Lot Details
9,695 Sq Ft Lot
Lot Dimensions are 70x138
Rectangular Lot
Home Design
Vinyl Siding
Copper Plumbing
Interior Spaces
6,951 Sq Ft Home
3-Story Property
Furnished
1 Fireplace
Basement Fills Entire Space Under The House
Washer Hookup
Flooring
Carpet
Tile
Vinyl
Parking
No Garage
Driveway
Location
Property is near public transit
Utilities
Forced Air Heating System
Heating System Uses Gas
Gas Water Heater
Cable TV Available
Listing and Financial Details
Tax Lot 12
Assessor Parcel Number 311500-108-002-0006-012-000-0000
Community Details
Overview
13 Units
Sackett Tract Subdivision
Building Details
1 Separate Gas Meter
Property Details
Home Type
Multi-Family
Est. Annual Taxes
$6,252
Year Built
Built in 1940
Lot Details
0
Listing Details
Property Sub Type: Other
Property Type: Multi Family
Rent Includes: Common Area Maintenance, Electricity, Heat, Hot Water, Snow Removal, Water
Year Built: 1940
ResoLaundryFeatures: Washer Hookup
Lot Features: Near Public Transit, Rectangular, Rectangular Lot, Residential Lot
Road Frontage Type: City Street
Co List Office Mls Id: IRES01
Co List Office Phone: 315-522-3194
Subdivision Name: Sackett-Tract
Directions: I-690 W to Syracuse, Exit 14 N Geddes. Left on N Geddes. Right on W Genesee St. Left on Liberty.
Flooring: Carpet, Tile, Varies, Vinyl
Garage Yn: No
Year Built Details: Existing
Financial Info Electric: Circuit Breakers
Property Sub Type Additional: Other
Special Features: VirtualTour
Interior Features
Appliances: Gas Water Heater, Refrigerator
Basement: Full
Basement YN: Yes
Fireplaces: 1
Stories: 3
Stories: 3
Exterior Features
Acres: 0.2226
Waterfront: No
Construction Type: Vinyl Siding, Copper Plumbing
Exterior Features: Blacktop Driveway
Garage/Parking
Parking Features: One Space, No Garage
Utilities
Heating: Gas, Forced Air
HeatingYN: Yes
Utilities: Cable Available, Sewer Connected, Water Connected
Water Source: Connected, Public
Condo/Co-op/Association
Senior Community: No
Schools
Junior High Dist: Syracuse
Lot Info
Parcel Number: 311500-108-002-0006-012-000-0000
Lot Dimensions: 70X138
Lot Size Sq Ft: 9695.0
ResoLotSizeUnits: Acres
Rental Info
Furnished: Furnished
Multi Family
Number Of Units Total: 13
Number Of Separate Electric Meters: 1
Number Of Separate Gas Meters: 1
Tax Info
Tax Annual Amount: 6252.0
Tax Lot: 12
Map
Range of Values:
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Average Value
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List Price
Sold Price
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Home Values in the Area
Source: Public Records
Average Home Value in this Area
Source: Public Records
Tax History
Year
Tax Paid
Tax AssessmentTax Assessment
Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property.
I have been a lifelong resident of Central New York and am now happy to be raising my two daughters here. I come from a customer service and sales background. In 2012, I began my real estate career selling new construction for one of the nation's top home builders and that eventually morphed into representing all sides of both residential and commercial real estate.
In 2020 I decided to further my studies and earned my Associate Real Estate Broker License. I am also the proud Team
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