5-Unit Mixed-Use | 11% Cap Rate | Priced for Immediate Equity Excellent opportunity to acquire a 5-unit mixed-use investment in Syracuse featuring 4 residential apartments and 1 commercial storefront. This asset is being offered at an 11% cap rate and is priced aggressively at $400, 000 for a quick sale—despite a December appraisal of $540, 000, creating $140, 000 in instant equity! Property Highlights: 5 total units: 4 residential + 1 commercial Strong income profile with stable tenancy Current Certificate of Compliance Only 1 unit currently vacant Vacant unit can be leased prior to closing if the buyer prefers a fully stabilized asset Appraised at $540, 000 (Dec.) – asking just $400, 000 11% cap rate at offering price Ideal for cash investors This property is well-suited for investors seeking high yield, mixed-use diversification, and immediate upside through lease-up or long-term hold. Flexible closing options and lease-up coordination available.
