509 Turtle Street, Syracuse, NY 13208

Property Description

This is the high cashflow money-maker you’ve been waiting for! This turnkey 4-unit on the Northside of Syracuse offers nearly $50k annual gross potential income and double-digit returns. Invest with peace of mind knowing the roof was replaced in 2012, 3 furnaces are new in the last 7-8 years, and the property just passed the city-required lead testing. Utilities are separately metered so tenants pay their own gas and electricity. Apartments are spacious and have been updated over the years with new kitchens, bathrooms, flooring, and fresh paint throughout. Two apartments are rented to long-term tenants and the other two are being left vacant for the new owner to rent or occupy themselves. The property also includes off-street parking and a detached garage which the owner can use for storage or additional income.