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Mark Gilbo

gilborealty@gmail.com +1(315) 804-4847

$ 279,900

Est. payment -/mo

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1038 Wadsworth ST #40 Syracuse, NY 13208

4 Beds

2 Baths

2,316 SqFt

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

Square Footage 2,316 sqft

Price per Sqft $120

Subdivision Court Street Manor Tr

MLS Listing ID S1716624

Style Duplex

Bedrooms 4

Full Baths 2

Construction Status Existing

HOA Y/N No

Year Built 1920

Annual Tax Amount $4,311

Lot Size 4,451 Sqft

Acres 0.1022

Lot Dimensions 40X111

Property Sub-Type Duplex

Property Description

This amazing duplex features numerous updates and offers excellent income potential. The lower unit has been completely remodeled and is currently vacant, showcasing a spacious 2-bedroom apartment with all new vinyl windows, basement glass block windows, a fully gutted kitchen with white shaker cabinets, high-end granite countertops, tile backsplash, and premium stainless steel appliances including a refrigerator, stove, over-the-range microwave, and dishwasher. While the bathroom has been fully gutted with new plumbing, a brand new tub, custom tile walls and floors, a new vanity and toilet, all accented with sleek black fixtures and finishes. The entire lower unit boasts new luxury vinyl plank flooring, fresh paint, and modern LED light fixtures. The upper unit is currently rented month-to-month for $1,225 and offers 2 bedrooms and 1 full bathrooms, with significant upside once renovated to reach market rent of $1,600+ or more. Both units are separately metered for gas and electric, with tenants paying their own utilities, and each has its own furnace, hot water heater, and separate laundry hookups in the basement. Also included is a washer and dryer for both units. Both units also feature upgraded electrical panels with circuit breakers. This property provides great cash flow opportunities, occupy the fully updated lower unit while the upper unit helps cover the mortgage, or rent the lower unit at current market rates of $1,600 or more for strong returns. Additional highlights include private off-street parking on the driveway and a 2-car garage currently used for storage by the lower tenant. Come take a look at this great opportunity today!

Location

State NY

County Onondaga

Community Court Street Manor Tr

Area Syracuse City-311500

Rooms

Basement Full

Interior

Heating Gas, Forced Air

Flooring Luxury Vinyl

Fireplace No

Appliance Gas Water Heater

Exterior

Garage Spaces 2.0

Utilities Available Sewer Connected, Water Connected

Garage Yes

Building

Lot Description Rectangular, Rectangular Lot, Residential Lot

Story 2

Sewer Connected

Water Connected, Public

Architectural Style Duplex

Level or Stories Two

Structure Type Shake Siding

Construction Status Existing

Schools

School District Syracuse

Others

Senior Community No

Tax ID 311500-004-000-0020-018-000-0000

Acceptable Financing Cash, Conventional, FHA, VA Loan

Listing Terms Cash, Conventional, FHA, VA Loan

Special Listing Condition Standard

Virtual Tour https://www.propertypanorama.com/instaview/syr/S1716624

Listed by Hunt Real Estate ERA

Nearby Locations

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Mark Gilbo

NY & FL Broker License ID: 10491206207

+1(315) 804-4847

Mark Gilbo

1038 Wadsworth ST #40 Syracuse, NY 13208

Key Details

Location

Rooms

Interior

Exterior

Building

Schools

Others

Nearby Locations

GET MORE INFORMATION

Go tour this home

1038 Wadsworth ST #40

NY License 10491206207

Florida License BK3597727