James Karpowicz

318 E Division St, Syracuse, NY 13208

New

24 Photos

Property Description

Excellent mixed-use investment opportunity featuring one commercial retail space and four residential apartments, offering multiple income streams under one roof! The commercial space provides great visibility and flexibility for a variety of retail or business uses and is currently rented for $1,500 per month. The residential portion consists of four apartments, including two 2-bedroom units, one 3-bedroom units, and one 1-bedroom unit. Providing an attractive unit mix for investors. Current residential rents are $1,250, $1,321, $1,100, and $1,690 per month, bringing the property's total current gross rental income to $6,861 per month, or $82,332 annually. With five total income-producing units and a combination of commercial and residential space, this property offers an excellent opportunity to add a diversified asset to your portfolio. Whether you're looking to expand your investment holdings or take advantage of the property's mixed-use potential, this is an opportunity worth exploring!

318 E Division St | MLS# S1720614

This commercial property located at 318 E Division St, Syracuse, NY 13208 is currently listed for sale with an asking price of $419,900. E Division St is located within the Syracuse school district. Search Syracuse real estate on james-karpowicz.timberlandproperties.com today.

Gallery

Property Features

Property Type: Commercial - Business
Heating: Electric, Gas, Baseboard, Forced Air
Lot Size: 0.07 Acres
Roof Type: Asphalt, Shingle
Stories: 2.0
Taxes: $6,062
Year Built: 1910

Feature Descriptions

Days on Site: 3
Exterior: Brick, Block
Lot: Rectangular, Rectangular Lot
Lot Dimensions: 33X99
Parcel#: 311500-008-000-0011-004-000-0000
Parking: None
Parking Notes: None
Sewer: Public Sewer
Units: 5
Utilities: Sewer Connected, Water Connected
Water: Public

Local Schools

School District: Syracuse

Demographics

Listed By / Shown By

Listing By

Agency Name: Move Real Estate
Agency Phone: 315-925-4288

Shown By

Agent Name: James Karpowicz
Agent Phone: (646) 942-8421 Cell
Agency Title: Timberland Properties

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