3401 South Salina Street Syracuse, NY 13205
Multi-Family (2-4 Units)
MLS #: s1523904
Listed By CENTURY 21 Tucci Realty
3401 South Salina
Property InformationDescription
This property seems like a lucrative investment opportunity with its potential for high rental income. The fact that the owner has already made necessary repairs and painted the interior adds to its appeal. With two 3-bedroom apartments fetching an estimated rent of $1300 each, the gross annual income of $31,200 is promising. For prospective buyers, the option of obtaining a mortgage with a 25% down payment of $21,250 makes it accessible, and the potential to recoup the down payment within the first year due to the high rental income is quite attractive. Additionally, the property's amenities such as off-street parking, proximity to shopping areas, small backyard reducing maintenance, and its location near Route 81 entrance and only 2 miles from Syracuse University make it appealing for tenants, potentially ensuring consistent occupancy. Buyers are encouraged to consult with their agent or loan officer to assess the financial feasibility of this investment and to consider the potential for long-term returns. Overall, it appears to be a promising opportunity in the real estate market.
Features
- Age: Over 50 Years Old
- Basement: Full
- Flooring: Hardwood
- Heating - Fuel Type: Gas
- Heating Type: Forced Air
- Lot Size: Under 1/2 Acre, 0.27 Acres
- Roof: Asphalt Shingle Roof
- Sewer: Public
- Style: 2 Story
- Water: City Water
MAP & DIRECTIONS
School Information
3401 South Salina Street, Syracuse, NY 13205
Elementary School
Grades PK-5 |
Public School
MCKINLEY-BRIGHTON ELEMENTARY SCHOOL
Syracuse, NY 13205
141 W Newell St
315.435.4605
Distance: 0.2 mi
School Rating
D
Student:Teacher Ratio
13:1
Total Students
476
Middle School
Grades 6-8 |
Public School
BRIGHTON ACADEMY
Syracuse, NY 13205
309 W Brighton Ave
315.435.4535
Distance: 0.6 mi
Student:Teacher Ratio
9:1
Total Students
383
High School
Grades 9-12 |
Public School
CORCORAN HIGH SCHOOL
Syracuse, NY 13207
919 Glenwood Ave
315.435.4321
Distance: 1.7 mi
School Rating
D-
Student:Teacher Ratio
13:1
Total Students
1181
| Other Nearby Schools | Distance | Type | Grades | School Rating |
|---|---|---|---|---|
| Syracuse Latin School | 0.7 mi | Public | PK-7 | B+ |
| Southside Academy Charter School | 0.7 mi | Public | KG-8 | B |
| Van Duyn Elementary School | 0.8 mi | Public | PK-5 | D+ |
| Faith Heritage School | 0.9 mi | Private | KG-12 | |
| Syracuse Academy Of Science And Citizenship Charter School | 0.9 mi | Public | KG-5 | D- |
| Expeditionary Learning Middle School | 1.1 mi | Public | 6-8 | B- |
| Clary Middle School | 1.3 mi | Public | 6-8 | D- |
| Edward Smith Pk-8 School | 1.4 mi | Public | PK-8 | C |
| Steam At Dr. King Elementary School | 1.4 mi | Public | PK-5 | |
| Roberts Pk-8 School | 1.6 mi | Public | PK-8 | D+ |
| Montessori School Of Syracuse | 1.8 mi | Private | KG-6 | |
| Institute Of Technology At Syracuse Central | 1.9 mi | Public | 9-12 | C |
| Most Holy Rosary School | 2.0 mi | Private | PK-6 | |
| Bellevue Elementary School | 2.0 mi | Public | PK-5 | D |
| Meachem Elementary School | 2.0 mi | Public | PK-5 | D- |
| Montessori Discovery School | 2.0 mi | Private | PK-KG | |
| Seymour Dual Language Academy | 2.1 mi | Public | PK-5 | D- |
This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.
Demographic Data
Syracuse, NY 13205
| Median Age: | 42.4 |
|---|---|
| Married: | 23% |
| Number of Households: | 6,862 |
| Households with Children: | 29.9% |
Syracuse, NY 13205
Demographic Data
-
Occupancy Types
- 0 Vacant
- 0 Owned
- 0 Rented
-
Transportation to Work
- 0 Drive
- 0 Public Transportation
- 0 Walk / Bike / Other
- 0 Work at Home
