$49,000 · SYRACUSE, NY 13203
Works for flippers · Works for landlords

Available

$49,000Asking price

3 bd · 2 ba · 942 sq ft · built 1910

SYRACUSE, NY 13203

No contract on file

via InvestorLift Classic

3 views · listed a day ago

Works for flippers

Works for landlords

The Numbers

Flip

Rental

Sells for (ARV)From the listing: $145,000
Asking price: −$49,000
RepairsMiddle of the seller’s $15,000 – $25,000. Ours: $13,500 – $28,000: −$20,000
Loan, holding, closing20% down, 12% interest, 2 points, 68 days: −$7,480
Profit47.3% of ARV · flippers want 10%+: $68,520
Works

Works for a flipper up to $99,000.

ALLIED ADVANTAGE PROPERTY GROUP LLC

Mauricio Roque

No reviews yet

Comps

Sales

Rents

ARV $145,000

From the listing

The seller picked no comps.

The sales behind this value are shown to members.

ARV $145,000

From the listing

The seller picked no comps.

The sales behind this value are shown to members.

ALLIED ADVANTAGE PROPERTY GROUP LLC

Mauricio Roque

No reviews yet

Seller Description

DIAMOND IN THE ROUGH — SYRACUSE, NYTWO-FAMILY INVESTMENT + ADJACENT VACANT LOT

502-504 Hickory St, Syracuse, NY 13203

WHOLETAIL | CASH INVESTOR OPPORTUNITY

DISPOSITION PRICE: $69,000

PROPERTY OVERVIEW

Rare opportunity to acquire a two-family property with an additional adjacent vacant parcel in Syracuse, NY.

The property at 504 Hickory St is classified as a two-family residence featuring 3 bedrooms, 2 bathrooms, and 2 kitchens. The adjacent 502 Hickory St parcel is included in the opportunity.

The property is currently vacant and reportedly rent-ready, making this an attractive opportunity for investors looking for a rental hold or value-add investment.

PROPERTY DETAILS

Property Type: Two-Family + Adjacent Vacant Lot
Bedrooms: 3
Bathrooms: 2
Living Area: 942 Sq Ft
Year Built: 1910
Kitchens: 2
Occupancy: Vacant
Parcels: 502 & 504 Hickory St
County: Onondaga County
Purchase Type: Cash Only

INVESTMENT NUMBERS

Asking Price: $69,000
Estimated ARV: $135,000–$145,000
Working ARV: $140,000
Estimated Renovation: $20,000–$25,000
Estimated Buyer All-In: $89,000–$94,000
Buyer to independently verify ARV, renovation costs, property condition, and parcel details.