514-520 E Willow ST, Syracuse, NY 13203
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514-520 E Willow ST, Syracuse, NY 13203
514-520 E Willow ST, Syracuse, NY 13203
514-520 E Willow ST, Syracuse, NY 13203
514-520 E Willow ST, Syracuse, NY 13203
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$ 3,220,000
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514-520 E Willow ST Syracuse, NY 13203

15 Beds

21,480 SqFt


UPDATED:

Key Details

Property Type Multi-Family, Commercial

Sub Type Commercial

Listing Status Active

Purchase Type For Sale

Square Footage 21,480 sqft

Price per Sqft $149

MLS Listing ID S1714161

Bedrooms 15

Construction Status Existing

HOA Y/N No

Year Built 1930

Annual Tax Amount $35,788

Lot Size 8,733 Sqft

Acres 0.2005

Lot Dimensions 66X132

Property Sub-Type Commercial

Property Description

INVESTMENT OPPORTUNITY IN SYRACUSE! Welcome to 514–520 E Willow Street, a 32-unit apartment complex strategically located on Syracuse's Northside, just minutes from Downtown and major employment, medical, educational and entertainment destinations. This three-story masonry building features a desirable unit mix consisting of 17 studio apartments, 14 one-bedroom apartments and one two-bedroom apartment. The property is serviced by a natural gas boiler heating system.

Location is a major highlight! The property is within walking distance of St. Joseph's Hospital and the Erie Canal Museum and offers convenient access to Downtown Syracuse, Clinton Square, Armory Square, SUNY Upstate Medical University, Syracuse University and University Hill. Easy access to I-690 and major transportation routes provides additional convenience for residents commuting throughout the Syracuse area.

With 32 residential units under one roof and a mix of studio, one-bedroom and two-bedroom apartments, this property presents an exciting opportunity for an investor looking to add a substantial multifamily asset to their portfolio. Convenient urban location, proximity to major Syracuse employers and institutions, and access to shopping, dining, medical facilities, universities and Downtown amenities make 514–520 E Willow Street an opportunity worth exploring!

Location

State NY

County Onondaga

Area Syracuse City-311500

Direction From I-81, take the Clinton St/Salina St exit, continue onto N. Salina Street, then turn left onto E. Willow Street. Continue east on E. Willow Street to 514–520 E. Willow Street, Syracuse, NY 13203.

Rooms

Basement Full

Interior

Heating Gas, Other, See Remarks, Hot Water, Radiator(s)

Cooling Other, See Remarks

Flooring Carpet, Luxury Vinyl, Varies

Fireplace No

Appliance Electric Cooktop, Exhaust Fan, Electric Water Heater, Gas Water Heater, Refrigerator, Range Hood

Exterior

Exterior Feature Blacktop Driveway

Community Features Other, See Remarks

Utilities Available Sewer Connected, Water Connected

Roof Type Flat

Garage No

Building

Lot Description Near Public Transit, Rectangular, Rectangular Lot, Residential Lot

Story 3

Sewer Connected

Water Connected, Public

Structure Type Brick

Construction Status Existing

Schools

School District Syracuse

Others

Senior Community No

Tax ID 311500-017-000-0021-002-000-0000

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Special Listing Condition Standard

Virtual Tour https://www.propertypanorama.com/instaview/syr/S1714161


Listed by Candy Costa Real Estate LLC
Natalie Roth

Natalie Roth

Lic. R.E. Broker/Owner

+1(315) 831-5061

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514-520 E Willow ST