128 Hudson Street, Syracuse NY 13204
10 Minute Drive From Syracuse University
Potential Income From College Students-----
FREE AND CLEAR NO HIDDEN FEES.
ALL CLOSING COSTS PAID FOR BY SELLER
Multi Unit Duplex for the price of one
Both Units Cash Flowing Renter has lived in the property for a long time
500.00/Mo per a Unit= 1, 00.00 Total Cash Flow Monthly
2 Bed 2 Bath per a Unit
BANK SHORTSALE BARGAIN 50% PRICE REDUCTION
SITUATED IN GOOD RENTAL AREA IN WEST SYRACUSE
GROSS ANNUAL RETURN: 37%
NET ANNUAL RETURN, AFTER RUNNING COSTS: 24%
Ammenties:
o Newer vinyl siding
o Open front porch
o All new windows.
o New Furnaces Both units are ren
o Updated Electrics
o Refrigerator/ Stove
o Eat-In Kitchen
Home Inspection Report Click Here
Property Type
· Detached double family property consisting of TWO Duplexes.
· SQ FT: 2,091
· Lot Size 40X127
· 2 Bedroom Per a Unit
· 2 Bath Per a unit
· 2 Car driveway
Upgrades
·
· New windows( approximate cost $12,000)
· New maintenance free vinyl siding ( approximate cost $12,000)
· Newer furnaces ( approximate cost $3,000)
10 Minute Drive From Syracuse University
Financial details- Both Units
Net income: ($12,000 – less running costs; $1,200 management, $1000 water and insurance, $2,100 property taxes =$7,700
Gross rental income; $1,000 per month
Net rental income; $641 per month
Terms:
- This is a cash Sale. You are bidding on the Full Purchase Price of this property
- We do not offer financing
- A 20% Non Refundable deposit is due at the close of auction.
- The down payment must be wired to the seller
- Remaining balance due within 14 days from when the auction closes
- Buyer will be issued a warranty deed at the time of closing
- THE PROPERTY FREE AND CLEAR OF ALL BACK TAXES AND LIENS
For any other questions or concerns Please "ask the seller" a question
Good Luck Bidding
