508 W Brighton Ave Syracuse, NY 13205
Property details
About 508 W Brighton Ave
Welcome to Brighton Place Townhouses! Rare opportunity to own an apartment complex consisting of all 2 bed/1 bath townhome style units. This property has 38 total units and 14 garage bays. All units are identical with a front and back door, main living room with hardwoods and full kitchen on the first floor. Upstairs are the two bedrooms and full bathroom. Each apartment has its own basement, furnace, water tank, gas & electric meter. Tenants pay their own utilities besides water/sewer. Plenty of parking for all residents at this property. Property continues to run at a high occupancy with virtually no vacancy. Property is being offer at $2.85M which is a 10.58% cap rate based on income and expenses. Square footage is from On.gov tax records.
Highlights
Virtual tour
Summary
- MLS Number: S1574309
- MLS Name: NYS
- Office Name: Hunt Real Estate ERA
- Office Phone: (315) 682-7197
- Listing Agent: Dante Belmonte
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Last updated on: 1/30/2025, 2:20:49 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$2,850,000
508 W Brighton Ave
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Price information
Property sales
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Tax history
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Nearby schools
3
Syracuse Academy of Science and Citizenship Charter School
Public Charter KG-5
0.4 mi
•301 Valley Dr
2
McKinley-Brighton Elementary School
Public District PK-5
0.5 mi
•141 W Newell St
1
Van Duyn Elementary School
Public District PK-5
0.9 mi
•401 Loomis Ave
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $37,969. Most Syracuse, NY residents have annual incomes between $35k-100k. Most families are single, with kids. The majority of residents in this area have high school diploma education.
Frequently asked questions
About 508 W Brighton Ave
This home is located at 508 W Brighton Ave in Syracuse, NY and zip code 13205 in the Southside Syracuse neighborhood. This 28,032 square foot home, which was built in 1945, sits on a 2.48 acre lot. Features: 38 bedrooms, 0 bathroom. It has been listed on Rocket Homes since October 28, 2024 and is currently priced at $2,850,000.
In December 2024 more than 80 listings in Syracuse, NY were sold above the asking price. During the same period more than 25 listings were sold at asking price, while more than 46 were sold below. The number of homes for sale in Syracuse, NY decreased by 23.8% between November and December 2024. In December 2024 median list price was $185,000 and the average listing age was 16 days.