Affordable Investment Opportunity: 109 Malcolm St, Syracuse, NY 13204

by Shawn Cregg

Looking to expand your rental portfolio or dive into your first investment property? Check out 109 Malcolm Street in Syracuse, NY, priced at an incredible $35,000. This two-unit property offers serious potential for both investors and first-time buyers interested in creating a stream of rental income with a bit of strategic updating.

Located in Syracuse's Southwest neighborhood, each unit offers 2 bedrooms and 1 bath, totaling 1,974 square feet of living space. The size has been verified by a recent appraisal, so you’re getting considerable space for your dollar.

What makes this property especially promising is its potential for strong rental income. With convenient access to public transportation and neighborhood amenities, this location will appeal to tenants looking for easy commuting options and nearby services.

While the property is a bargain, consider budgeting for some updates to enhance its appeal and boost rental income. Upgrading kitchens, bathrooms, and flooring will go a long way in maximizing the value and return on your investment.

If you’re a value-driven investor, 109 Malcolm Street is an affordable entry into the Syracuse rental market. This property provides an opportunity to start building equity in a growing area while meeting the market’s demand for affordable rentals.

Don’t miss out on this unique chance in Syracuse. Reach out today to schedule a viewing and see how this property can fit into your investment plans!

 

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