Log In/Sign Up
Your email has been sent.
514 Walnut Ave 514 Walnut Ave 12 Unit Apartment Building $2,989,954 CAD ($249,163 CAD/Unit) 8.09% Cap Rate Syracuse, NY 13210
Investment Highlights
- Outstanding location
- High Ceilings
- Newly renovated apartments while keeping the original character.
Executive Summary
Outstanding location walking distance to Syracuse University. Turn-key investment. Upside on the rents without a requirement for additional improvements.
Extremely well located 12 unit fully renovated apartment building steps to the Syracuse University Campus. 8 one bedroom apartments and 4 two bedroom apartments. This can be bought separately or together with up to another 4 buildings with with a total of 34 apartments (54 beds) and 4 storefronts. walking distance to Syracuse University. These apartments all have updated kitchens, bathrooms, floors, windows. Many apartments have high ceilings and washer/dryer in-unit, internet to each apartment and balconies. Tear off roof in 2012 with 30 year architectural shingles, 2025 building on-demand hot water system, new common area flooring and carpeting and laundry facilities (for the 3 apartments that do not have in-unit laundry). Same owner for 20 years.
Financials available after sending in NDA attached to this listing
Extremely well located 12 unit fully renovated apartment building steps to the Syracuse University Campus. 8 one bedroom apartments and 4 two bedroom apartments. This can be bought separately or together with up to another 4 buildings with with a total of 34 apartments (54 beds) and 4 storefronts. walking distance to Syracuse University. These apartments all have updated kitchens, bathrooms, floors, windows. Many apartments have high ceilings and washer/dryer in-unit, internet to each apartment and balconies. Tear off roof in 2012 with 30 year architectural shingles, 2025 building on-demand hot water system, new common area flooring and carpeting and laundry facilities (for the 3 apartments that do not have in-unit laundry). Same owner for 20 years.
Financials available after sending in NDA attached to this listing
Financial Summary (Actual - 2025) |
Annual (CAD) | Annual Per SF (CAD) |
|---|---|---|
| Gross Rental Income |
-
|
-
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
-
|
-
|
| Net Operating Income |
$241,840
|
$18.43
|
Financial Summary (Actual - 2025)
| Gross Rental Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Other Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Net Operating Income (CAD) | |
|---|---|
| Annual | $241,840 |
| Annual Per SF | $18.43 |
Property Facts
Amenities
- Smoke Detector
Unit Amenities
- Air Conditioning
- Balcony
- Cable Ready
- Dishwasher
- Microwave
- Washer/Dryer
- Heating
- Ceiling Fans
- Crown Molding
- Eat-in Kitchen
- Hardwood Floors
- High Speed Internet Access
- Refrigerator
- Range
- Tub/Shower
- Views
- Wi-Fi
- Attic
- Basement
- Double Pane Windows
- Porch
- Smoke Free
- Vinyl Flooring
Site Amenities
- Controlled Access
- Laundry Facilities
- Furnished Units Available
- Gas Range
- Recycling
- Smoke Free
- Community-Wide WiFi
- Public Transportation
- Private Bathroom
- Fiber Optic Internet
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 8 | - | 456 - 595 |
| 2+1 | 4 | - | 600 - 695 |
Walk Score®
Very Walkable (82)
Property Taxes
| Parcel Number | 311500-048-000-0011-008-000-0000 | Improvements Assessment | $0 CAD (2024) |
| Land Assessment | $32,568 CAD (2024) | Total Assessment | $32,568 CAD (2024) |
Property Taxes
Parcel Number
311500-048-000-0011-008-000-0000
Land Assessment
$32,568 CAD (2024)
Improvements Assessment
$0 CAD (2024)
Total Assessment
$32,568 CAD (2024)
1 of 17
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
Presented by
514 Walnut Ave | 514 Walnut Ave
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.
Your message has been sent!
Activate your LoopNet account now to track properties, get real-time alerts, save time on future inquiries, and more.