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Homes for sale or trade Homes for sale or trade > New York > Syracuse >

Active ID: 17388 Excellent Income Producing Duplex in the Hottest Rental Market!

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Max. Swap Value: $200,000
Swap For Location(s):

exchange for this stateAny State

Will swap for:

Business Business
Everything Else Everything Else
Multifamily or Commercial Multifamily or Commercial
Residential Residential
Transportation Transportation

We would prefer to swap for other potential rental property. Perhaps a tax free exchange. HOWEVER, we will consider a trade for other assets of real like value. As you can see the Zillow estimates on this property are in the $120,000.00 range and the excellent ROI tells the story.



Value: $125,000
Total loans: $0
Bedrooms: 6
Baths: 3
Year Built: 1920
Square Feet: 2,848
City: Syracuse
State or Country: New York
US Metro?: Syracuse, NY
Address: How to view address
Location features
  • Urban

Description: INCOME PRODUCING PROPERTY

125 Stinard, Syracuse, NY

Now that we have taken the best advantage of our tax benefits it is time to pass this property on and start depreciating another property. We will either trade with another investor for a property OR we would be willing to consider very advantageous financing options for the right buyer.

This is a great 2-3 unit property in a nice area of single family & Duplex homes. If you are looking for a cheap junker property, this is not it! This is a quality rental property in a nice area. There are 2 -3 bedroom apartments. Very nice sized rooms, dining room and living room and eat in kitchen. These apartments are around 1200 sq ft a piece. The 3rd apartments is a 1 bedroom, loft style mother in law suite, and about 800 sq ft. The loft is often combined with the second floor unit as an extra bedroom and bath giving this property an added benefit of serving larger families.
The home was recently renovated. We put between $30,000-$35,000 into this property. There is a brand new steel roof, updated all the plumbing and electrical, heating, and much more. The interior and each apartment is freshly painted, all kitchen and bathrooms are completely updated. All apartments are rented and property is turn-key. All utilities are separate, tenants are responsible for heat and electric. We do pay for the water.

Expenses
$220 taxes
$80 insurance and water per month
$120 property management

Income
$1625.00 total rents

Cash Flow
$1205.00 monthly ($14,460.00 annually)

Annual ROI
11.56%

Visit website for additional info

Swap Type:

I can add cash I can add cash
I can add other assets I can add other assets
I will offer owner financing I will offer owner financing
downsizing downsizing
swap even swap even
upsizing upsizing

public swap proposal
owner

Contact owner ..name hidden..    view profile

Phone: xxx-xxx-xxxx How to view name & phone
Mobile: xxx-xxx-xxxx How to view name & phone
If no phone number is listed then seller decided not to disclose this information. Please email seller via the public or private swap proposal tools below.
Public & 3-way Swap Proposals: (8)add
Trade proposal by: Vinnie Biasiello (no listing ID provided)
April 20, 2016
If you would accept shares in a public company as consideration for a swap, please let me know and we will get a specific proposal together for you. My phone number is also 856-904-8253 if you would like to call me as well. Thanks, Vinnie, Land Ho, Inc.
Trade proposal by: Armando Ramos (no listing ID provided)
April 20, 2016
All I can offer is commercial land at FL.
Reply by Seller: David Seaford
April 20, 2016
Dear Armando Ramos,

Is the commercial property income producing? What is its market value today?

Dave
Reply by Seller: David Seaford
April 20, 2016
Dear Vinnie Biasiello,

If the shares are publicly and easily marketable and have a clear market value on any given day, I may be interested.

Dave
Trade proposal by: TRACY RAGSDALE > my listing #17500 (other proposals)
July 05, 2016
HI DAVE,

Thanks for looking at my Trilogy Country Club home, 81922 Sun Cactus Lane La Quinta Ca., but I'll pass on your trades. Best, Tracy 520-661-8800


BEAUTIFUL TRILOGY COUNTRY CLUB LA QUINTA
$474,900 In LA QUINTA, California. 81922 Sun Cactus Ln. La Quinta, Ca.

ONLY A...


Trade proposal by: hermann krassler > my listing #17858 (other proposals)
March 27, 2017
Hi! Please take a look on my list. i would like to swap the advertised condo + 2 additional condos against your property
Trade proposal by: Scott Smale > my listing #17468 (other proposals)
April 15, 2017
even trade..no debts...


5 acre coffee farm
$300,000 In Cuidad Vieja, Guatemala. Great opportunity to own a five acre coffee...


Trade proposal by: nicklaus tripp > my listing #17896 (other proposals)
May 24, 2017
im interested


4 , 1/4 acre Beachfront Lots and 2, 1 acre lots one row back
$990,000 In Elias Calles, Mexico. BEACHFRONT LOTS FOR SALE PACIFIC SIDE 20 MINUTES...


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This ad has been viewed 1759 times. Last modified: 04/13/2017
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Tags: Syracuse for sale or trade | Syracuse, NY area Homes for sale or trade |

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