508 W Brighton Avenue , Syracuse, NY 13205(Onondaga County)

2.48 Acres in Syracuse, NY - $2,850,000

Welcome to Brighton Place Townhouses! Rare opportunity to own an apartment complex consisting of all 2 bed/1 bath townhome style units. This property has 38 total units and 14 garage bays. All units are identical with a front and back door, main living room with hardwoods and full kitchen on the first floor. Upstairs are the two bedrooms and full bathroom. Each apartment has its own basement, furnace, water tank, gas & electric meter. Tenants pay their own utilities besides water/sewer. Plenty of parking for all residents at this property. Property continues to run at a high occupancy with virtually no vacancy. Property is being offer at $2.85M which is a 10.58% cap rate based on income and expenses. Square footage is from On.gov tax records.