This 6-bed, 2-bath, 1,920 sqft multi-family in Syracuse is listed at $105K (about $55/sqft), which is significantly below neighborhood averages. Nearby comps with similar size and bed/bath counts have average sold prices around $210K and average price per sqft near $106. The first floor needs rehab, and the property sits in a high flood risk zone, so insurance costs will be higher and repairs may be substantial.
If you're an investor, there's clear upside if you can manage renovation costs, as the spread between the list price and area ARV is strong. For current owners looking to sell, focus on basic first-floor improvements and highlight rental income potential. Be mindful of flood insurance costs and disclose needed repairs to avoid surprises during due diligence.