1617 Grant Boulevard Unit 19, Syracuse, NY 13208

Property Description

This 2-family property is situated on a double lot with a large parking area. It must be sold as a package with the adjacent mixed-use property, 1621-1623 Grant Blvd, see MLS: S1652566. The total of 6 apartments are all separately metered and fully rented to long-term, stable tenants; currently generating close to $78,000 annual rent with significant upside. The pizzeria will be delivered vacant, it can be leased for additional income or you can open your own restaurant while using the rental income to cover costs. The space is fully furnished with all the necessary kitchen equipment and is in superb condition. The property also includes a large, recently paved parking lot providing ample parking space for tenants and customers. Recent improvements include newer mechanicals, updated electrical, plumbing, siding, windows, and much more. The property went through Syracuse’s lead program roughly 10 years ago and underwent a complete renovation inside and out. Both buildings are fully code compliant and will be delivered with an up-to-date Rental Registry and Certificate of Compliance. You do not want to miss this unique opportunity!