Syracuse, NY 13205 508 W Brighton Avenue

508 W Brighton Avenue Syracuse, NY - Image 1508 W Brighton Avenue Syracuse, NY - Image 2508 W Brighton Avenue Syracuse, NY - Image 3
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Presented By: Zachary Johnson with Acropolis Realty Group LLC;
  • MLS# S1608313
  • 05/21/2025
  • Request Tour
  • Request Info
  • Beds • 38
  • SQFT • 11,088

Home Details

Welcome to Brighton Place Townhouses — an exceptional investment opportunity to acquire a fully occupied apartment complex featuring 38 identical 2-bedroom, 1-bath townhome-style units. Each unit includes both front and rear entrances, a spacious living room with hardwood floors, and a full kitchen on the main level. Upstairs, you’ll find two bedrooms and a full bathroom. Every unit also includes a private basement along with individual furnaces, water heaters, and separate gas and electric meters. Tenants are responsible for their own utilities, with the exception of water and sewer. The property offers ample parking for all residents, plus 14 garage bays. The complex benefits from stable occupancy, and over two-thirds of the rental income is guaranteed through subsidies. Significant upside exists in raising rents, and a fresh Certificate of Compliance has just been issued. Offered at $2.85M, this investment delivers a strong 10% cap rate.
Presented By: Zachary Johnson with Acropolis Realty Group LLC;

Interior Features for 508 W Brighton Avenue

Bedrooms

Total Bedrooms38

Bathrooms

Main Level Bathrooms0
Total Baths

Other Interior Features

BasementFull
Basement (Y/N)Yes
Fireplace Y/NNo
FlooringHardwood, Varies
Heating Y/NYes
Total Fireplaces
Total Stories2

General for 508 W Brighton Avenue

AppliancesGasCooktop, GasWaterHeater, Refrigerator
CitySyracuse
Construction MaterialsWoodSiding
CountyOnondaga
Elementary School DistrictSyracuse
HeatingGas, ForcedAir
High School DistrictSyracuse
LevelsTwo
Lot Size Square Feet107913.0
Lot Size UnitsAcres
MLS AreaSyracuse City-311500
Middle/Junior School DistrictSyracuse
Number Of Units Total38
OwnerPaysGroundsCare, SnowRemoval, Water
PossessionCloseOfEscrow
Property ConditionResale
Property Sub Type AdditionalOther
Property SubtypeOther
Property TypeMultiFamily
Rent IncludesCommonAreaMaintenance, SnowRemoval, Water
RoofAsphalt
School DistrictSyracuse
Senior Community Y/NNo
SewerConnected
Standard StatusActive
StatusActive
Stories2
Tax Annual Amount35620.0
Tax Assessed Value580000
Tax Lot10
TaxOtherAnnualAssessmentAmount0.0
TownshipNot Applicable
UtilitiesSewerConnected, WaterConnected
Virtual TourClick here
Virtual TourClick here
Waterfront Y/NNo
Year Built1945
Year Built DetailsExisting

Exterior for 508 W Brighton Avenue

Building Area Total11088.0
Exterior AmenitiesGravelDriveway
Lot Dimensions327X330
Lot FeaturesRectangular, RectangularLot, ResidentialLot
Lot Size Acres2.4773
Lot Size Area2.4773
Parking FeaturesThreeOrMoreSpaces
Road Frontage TypeCityStreet
Water SourceConnected, Public

Additional Details

Price History

Mark Siwiec

CEO
Price $2,850,000
MLS#S1608313
List Date 05/21/2025
Property Type Single Family
Phone
Request Tour
Request Info

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