531 Seymour St, Syracuse, NY 13204

Description

Welcome to this two-family home located on the west side of the city, offering a great combination of space, updates, and income potential. The property features a two-car detached garage, off-street parking, and two front porches.

The first-floor flat offers a spacious and comfortable layout with a large living room and dining room, both featuring hardwood floors and a natural flow between the spaces. The large, updated kitchen has newer appliances, flooring, and fresh paint. There are three bedrooms and an updated full bathroom, making this a comfortable and functional unit. The first floor is currently rented for $1,200 per month; Rent could be higher.

The second floor is currently owner-occupied and is being used as a four-bedroom unit. It features a huge front primary bedroom, a good-sized living room with hardwood flooring, an updated kitchen, and a remodeled bathroom. With its spacious layout and updates, this unit could potentially rent for approximately $1,400–$1,600 per month, providing excellent additional income potential.

Numerous improvements have been made throughout the property, including eight newer windows, interior and exterior paint, newer hot water tanks, a resealed roof, updates to both kitchens and both bathrooms, extensive flooring updates, and more. A newer washer and dryer can also stay with the property.

With two separate units, a detached two-car garage, off-street parking, multiple recent improvements, and strong rental potential, this property is a great opportunity for an investor, owner-occupant, or anyone looking to offset their mortgage with rental income.