2320 E Fayette Street
Syracuse, NY 13224

This property features a 2-unit, recently updated home on a generously sized lot with a partially fenced, wooded backyard. The new roof was put on just 1 month ago. The furnaces and water heaters have all been updated within the last 3 years. The property is tenant occupied and bring in a yearly rental income of $19,200. The Net Operating Income comes to around $12,762. At a sale price of $125K the Cap Rate is 10.2%. The landlord is responsible for lawn care and snow removal. All utilities are separate and paid by the individual tenants. This Property can be sold in a package with additional properties. Please reach out for further information.