Are you an investor looking to expand your real estate portfolio? Look no further! A fantastic opportunity awaits you in Syracuse, New York, with an investment property that is sure to generate income from day one. This three-bedroom, one-and-a-half-bathroom home is an ideal addition to any investor’s portfolio.
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What sets this property apart from others is its current tenant, who has been occupying the home for over six years. This means that upon purchasing the property, you will begin receiving rental income immediately. No need to search for tenants or wait for occupancy – this investment property offers a seamless transition into a revenue-generating asset.
The property boasts three spacious bedrooms, providing ample space for tenants and their families. Accompanied by a well-maintained full bathroom and an additional half bathroom, this home offers convenience and comfort. Whether you are targeting young professionals, small families, or students, this property caters to a wide range of potential tenants.
Investing in Syracuse is a wise decision due to the city’s growing real estate market and its proximity to various amenities. Syracuse is home to prestigious universities, including Syracuse University, which attracts a large student population seeking off-campus housing. Additionally, the city’s strong job market and diverse economy make it an attractive location for young professionals and families.
As an investor, one of the most crucial factors to consider is the potential for rental income. With a long-term tenant already in place, this property provides a steady stream of revenue from day one. This is an excellent opportunity to secure an income-producing asset without the uncertainties of vacancy or searching for reliable tenants.
Furthermore, the property’s history of a long-term tenant indicates that it is a desirable place to live. A tenant who has stayed for over six years is a testament to the property’s quality, location, and overall appeal. This ensures a higher likelihood of tenant retention, reducing the risk of turnover and associated costs.
Investing in real estate is all about making calculated decisions to maximize profitability. With this Syracuse investment property, you can be confident in the immediate return on your investment. By acquiring this income-producing asset, you can benefit from a consistent rental income while watching your real estate portfolio grow.
Don’t miss out on this incredible opportunity to add a reliable income stream to your real estate portfolio. Take advantage of this three-bedroom, one-and-a-half-bathroom home in Syracuse, with a long-term tenant already in place. With its convenient location and steady rental income, this investment property is a must-have for any savvy investor. Don’t wait – seize this opportunity and secure your financial future today!
106 Sterling Avenue, Syracuse, NY 13207