Evergreen Estates

For Sale

42 Island Rd, Phoenix, NY 13135

- Located in Oswego County- Prime Investment Opportunity: Nestled in close proximity to the cutting-edge Micron chip plant development, this multi-family property at 42 Island Rd offers an unparalleled chance to capitalize on the burgeoning tech industry boom. The strategic location ensures a promising return on investment for savvy buyers looking to tap into the potential growth and prosperity of the area. - Lucrative Rental Income: Boasting 7 tenant-owned homes generating a steady income of $381 per month each and 2 paying $450 and one rental paying 727, this property offers a hassle-free investment opportunity with rent-to-own options. The ease of management provided by these arrangements, coupled with an on- site manager overseeing water treatment and testing, ensures a smooth and profitable investment experience for discerning buyers. another rent increase scheduled for March 2027 of 3%

Building Details

  • For Sale $465,000
  • Property Type Multi-Family
  • Property Size 1 SF
  • Units 11
  • Lot Size 7 Acre
  • Additional Rent Price on request
  • Date Updated Oct 1, 2026
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Contacts

Steve Tomaso

IRE Investment

Location

  • City Phoenix, NY
  • Neighborhood Palermo
  • Zip Code 13135
  • Market Syracuse
  • Bike score 20/100 Somewhat Bikeable
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Points of Interest

Fastrac

4.77 miles

Byrne Dairy

6.02 miles

Circle K

6.25 miles

Sunoco

6.56 miles

Byrne Dairy and Deli

6.56 miles

Mirabito

6.57 miles

Babcock Mobil

7.47 miles

Oswego Recreational Trail

4.05 miles

Great Bear Recreational

5.51 miles

Truck Inspection

8.11 miles

BioSpherix Parking

9.32 miles

Parish Car Wash

9.42 miles

Niagara Car Wash

9.60 miles

Enterprise

9.77 miles

Maryann's Country Time Cafe

4.82 miles

Akropolis

6.03 miles

Independent Pizzeria

6.33 miles

Phoenix Sports Restaurant

6.43 miles

Bobo Chinese Restaurant

6.62 miles

Nonna Dina Pizzeria

6.64 miles

Jreck Subs

6.71 miles

Li's Garden

7.08 miles

Our Family To Yours

7.12 miles

Basil Thai Cuisine

7.14 miles

ALDI

6.77 miles

Walmart Supercenter

7.40 miles

Target

9.08 miles

Price Chopper

9.08 miles

TJ Maxx

9.13 miles

Kohl's

9.15 miles

Wegmans

9.22 miles

Burlington

9.49 miles

American Freight

9.61 miles

Tops

9.76 miles

Phoenix Police Department

6.34 miles

Phoenix Fire Department

6.34 miles

Central Square Fire Department

6.52 miles

Fulton Medical Center

6.85 miles

Fire Station No 1

7.32 miles

Fulton Police Station

7.33 miles

Walgreens

7.41 miles

Kinney Drugs

7.44 miles

Advanced Medical Services

7.45 miles

Fire Station No 2

7.82 miles

Listing Summary

  • Property Financials

    42 Island Rd is currently listed for sale at $465,000 for a price per square foot of $465,000.

  • Property Details

    42 Island Rd totals 1 square foot of Multi-Family space on a lot spanning 7 acres.

  • Area Characteristics

    42 Island Rd is located in the Palermo neighborhood.

Contact Steve Tomaso
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