338 Vine ST Syracuse, NY 13203
6 Beds
2 Baths
2,636 SqFt
UPDATED:
Key Details
Property Type Multi-Family, Mobile Home
Sub Type Multi Family
Listing Status Pending
Purchase Type For Sale
Square Footage 2,636 sqft
Price per Sqft $70
MLS Listing ID S1696845
Bedrooms 6
Full Baths 2
Construction Status Existing
HOA Y/N No
Year Built 1900
Annual Tax Amount $3,129
Lot Size 3,397 Sqft
Acres 0.078
Lot Dimensions 33X103
Property Sub-Type Multi Family
Property Description
The property has been consistently occupied. The tenant on the 2nd floor has been there over 20 yrs & the rent has stayed very low over those years, 1st floor was owner occupied—presenting a significant opportunity for investors to update rental rates and maximize returns (rents should be in the $1800-$2100 range). With some strategic improvements, this property could generate substantial cash flow.
Don't let the exterior fool you—the inside of both units is in much better condition than the outside suggests. Each apartment offers solid living space with great potential for further enhancement.
Whether you're expanding your portfolio or searching for a property with upside potential, this is a rare chance to invest in a multi-family home with built-in equity and room for growth. The kitchen & dining room light ceiling fixtures in the 1st floor appartment will not convey, they will be replaced with new ones.
Delayed showing until 7-13-26
Location
State NY
County Onondaga
Area Syracuse City-311500
Rooms
Basement Full
Interior
Heating Gas, Forced Air
Flooring Ceramic Tile, Hardwood, Laminate, Luxury Vinyl, Varies
Fireplace No
Appliance Gas Water Heater
Exterior
Utilities Available Sewer Connected, Water Connected
Building
Lot Description Near Public Transit, Rectangular, Rectangular Lot, Residential Lot
Story 2
Sewer Connected
Water Connected, Public
Level or Stories Two
Structure Type Aluminum Siding
Construction Status Existing
Schools
School District Syracuse
Others
Senior Community No
Tax ID 311500-029-000-0011-012-000-0000
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/S1696845
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