The median home value in Syracuse, NY is $162,500
This is lower than the county median home value of $166,000.
The national median home value is $308,980.
The average price of homes sold in Syracuse, NY is $162,500.
Approximately 35% of Syracuse homes are owned, compared to 53% rented, while 13% are vacant.
Syracuse real estate listings include condos, townhomes, and single family homes for sale.
Commercial properties are also available.
If you like to see a property, contact Syracuse real estate agent to arrange a tour today!
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With $72,000 annual rent and experienced onsite management, this 13-unit SRO property will make an excellent high-cashflow addition to your investment portfolio. No matter what metric you use: cash on cash, cap rate, monthly cashflow, this property is a winning turnkey investment. The building consists of 13 furnished rooms each with a small kitchenette, plus two shared bathrooms. The resident manager has lived onsite for 15+ years and handles most management duties including leasing, rent collection, and minor repairs. The property operates extremely efficiently. Currently fully rented with 100% on-time rent collection. It is a quiet building, mainly rented to long term tenants, some of whom have lived there for over 20 years. Many recent capital improvements including driveway paving (2022), new windows (2022), new roof (2014), and vinyl siding. This has been a profitable investment for the current landlord for many years, but the owner is now retiring, offering a great opportunity to add a high cashflow/low maintenance property to your portfolio. Can be combined with 136 Lakeview Ave for over $104,000/year rent, or further combined with 710 E Laurel St for over $128,000/year.
wonderful outer tipp hill west side single family...currently rented for $1050/month through 2/2025...great investment property.
Tipp Hill three family with long term tenants on month-to-month basis...opportunity for investor to increase rent roll or for owner occupant to choose which floor they want to live on. Walking distance to all of Tipp Hills amenities and minutes to downtown. Great property to add to your investment portfolio.
With nearly $32,000 gross income and no rent collection hassles, this is the stabilized, high-cashflow 2-family property youve been looking for. No matter what metric you use: cash on cash return, cap rate, monthly cashflow, this property is a winning turnkey investment. Both units are rented to vetted sec. 8 tenants, rent is direct deposited on the 3rd of every month with the tenant share paid separately and promptly. The 1st floor apartment features 4 bedrooms and is leased for $1,356/mo and the 2nd floor has 3 bedrooms and is leased for $1,300/mo, gas and electricity are separately metered and are the tenants responsibility. This high cashflow/high income addition to your portfolio can be combined with 710 E Laurel St for over $56,000 annual rent, or further combined with 325 Liberty St for over $128,000 in income per year! Opportunities like this sell quick so do not hesitate, further details and analysis available upon request.
You looking for a place at an affordable place? Look no farther then 508 Marcellus St Syracuse! This four bedroom one bath home features spacious living room/dining room, three bedrooms on the first floor with one bedroom upstairs! Two stall garage, covered porches, and privacy is all included with this place! Schedule a private tour today. You're not going to want to miss this one in today's market.
What's better than owning a home between two of Central New York's best pizza restaurants? How about owning it for less than $80,000! That's right, you can own this home that is within walking distance of both Twin Trees One and Twin Trees Too! You'll never need to cook again. But seriously, this property offers so much potential as a primary residence with plenty of room to stretch out or as an income producing property.
Newly renovated 4 bedroom/1.5 bath home located in the heart of Tipp Hill! Located just 0.3 miles/5 min walk from Coleman's & Emerald Cocktail Kitchen, and 0.2 mile/3 min walk from Recess Coffee, the location is hard to beat. The home was renovated in 2022, including a full gut renovation of kitchen and baths, new luxury vinyl flooring upstairs, new windows, updated electrical service, fresh paint inside and out, and more. The first floor boasts a large foyer, spacious living room, formal dining room, half bath, and renovated kitchen. Full walk up attic ready to be finished into living space or used for storage. This one won't last long!
This property is perfectly designed for a home office setting. The uniqueness of the space and layout is key. This could also be prime for an investor. The possibilities are many. The driveway garden will be removed before closing. The property is being sold as is.
Great Investment. Ready to Remodel. This 2 unit home could be yours today! Close to famous Harrison Bakery and short distance from the Destiny Mall. Lots of potential for owner occupant to live in 1 unit and rent out 1 unit to cover expenses OR Great Potential 2 UNIT Income Earner!! Being Sold "As Is"
Welcome to 406 Milton Avenue - A timelesee classic located in the heart of Tipperary Hill! Featuring 4 large bedrooms (Currenlty being used as a 5 bedroom), 2 full baths, a formal dining space, living room, newer roof and furnace, large front porch and a back deck. Lots of living space, and room be creative. Walk to your favorite taverns, coffee shop, or restaurants. Also great as a rental property sitting in a prime location, close to downtown shopping and grocery stores. Currently being rented to a long term tenant.Buyers must be pre qualified.
Near Westside opportunity for this nicely updated 2 family 1st floor 3 bedroom apartment pays $1250 and upstairs $950 - both apartments are on month-month tenancy. Close to transportation, highways, inner harbor and newly renovated science magnet school. Great opportunity for owner occupant or investor.
Large 2 family on the Westside has been renovated top to bottom and offers a turnkey investment property for the next owner. The 1st floor features 4 bedrooms and the 2nd floor has 3 bedrooms, each with a spacious eat-in kitchen, pantry, formal dining room, and gleaming hardwood floors. Separate washer/dryer hookups are located in the basement. The entire property has been gutted and new insulation and sheetrock has been installed. All the windows are new, they have been boarded up for security reasons. Other updates include all new electrical, plumbing, LED light fixtures, water heaters, electric baseboard heaters, copper water line to the street, hardwired smoke alarms, gutters, exterior painting, and basement parge. There is no off street parking, however the adjacent lot to the left is owned by the Syracuse Landbank and they may be willing to sell it to the new owner, inquire with them for details.
Owner will hold mortgage with 35% down at 9% for 5 years or 30% down at 8% for 3 years. No Balloon straight payments. Hurry 5-year finance deal ending soon. Both apartments are rented, and tenants pay utilities. Lots of updates.
Here's your opportunity to ease your way into owning rental property. This two family has long term tenants that want to stay and can help you start building wealth using real estate. The property is tucked away on a hill and is close to everything including Tipp Hill.
New windows installed throughout. New flooring in 2nd floor just installed. Owner will hold mortgage with 30% down at 8% for 3 years. No Balloon straight payments. Investment property sold as-is where-is with no warranty or condition implied. No survey provided. No rental registry provided.
Owner will hold mortgage with 30% down at 8% for 3 years. No Balloon straight payments. Vinyl siding, updated windows and circuit breakers. Fully rented. Seller will not remove tenants.
Owner will hold mortgage with 30% down at 8% for 3 years. No Balloon straight payments. Upstairs vacant and rent ready. Down long-term tenant only home for showings after 3. Newer main roof, tilt in windows and circuit breakers. New rental registry included.
Great opportunity to owner occupy a 3-unit since one unit is vacant or add this property to your portfolio for additional income. Each unit is separately metered for gas/electric. Landlord pays water/sewer. Unit 1 rents for $1,100 a month and is a 2 bedroom. Unit 2 is a 1 bedroom that rents for $750 a month and unit 3 is a vacant 4 bedroom with a market rate for $1,400+ per month. Come take a look today!
Why rent when you can own? This 4 bedroom 1 bath home on a double lot has much to offer. Fresh paint, new flooring, new furnace, hot water tank, all new plumbing and more. Private driveway can accommodate several vehicles and a garage for storage! Just looking for your finishing touches and move right in! Sold as is.
Recently remodeled 4 bed, 2 bath home near Tipp Hill. Formal dining. Off street parking. Newly vacant, was renting for $1395 each month, utilities not included.
Welcome to 1000 Bellevue, a meticulously maintained property offering an exceptional investment opportunity. This 18-unit has been thoughtfully managed and optimized for a seamless transition. Extensive work has been done to enhance the property's value and reduce maintenance costs. The pro forma outlines significant revenue growth opportunities. With 16 2-bed units currently renting at $1,100, owner has converted 3 of them into 3 bed units, capturing market rents of $1,380. This leaves the remaining 13 units for the new owner. This will increase rental income by $$4,480 a month and $53,760. Additionally, $21,600 can be added from a basement storage area that can be built out for tenant use per $100 per unit. With a current NOI of $17900 and a pro forma NOI of $240,000, the property offers solid returns. Various cap rate scenarios ranging from 8%-9% present attractive investment options to buy with existing equity already built in. Don't miss this opportunity to acquire a turnkey investment with significant upside.
Turn key single family home with long term paying tenant. Available separately or as a package with 224-226 W. Brighton (s1521122), 514 E Laurel (s1521121) , 103 Raymond Ave (s1521119), 2031 Midland Ave (s1521116), 605 W Ostrander (s1521114), 604 W Ostrander (s1520903) 123 Berger Ave (s1520902), 115 Berger Ave (s1520399)
Investor's dream! This 3-bed, 1-bath single-family home in Syracuse, NY, offers 1606 sq ft of potential. A blank canvas awaiting your creative touch, this property is a cash-only opportunity, ideal for those ready to transform and elevate. While some work is needed, the solid structure and prime location make it a promising investment. Explore the possibilities to shape this residence into a unique haven. Act fast and turn this fixer-upper into a gem. Cash-only transaction.
Gross lease includes utilities, general maintenance, custodial services, snow plowing and trash. Two adjacent suites can be leased together or independently. Suite 3 is 975 +/-SF and Suite 4 boasts 1,100+/-SF for a total of 2,075 +/- available square feet. Both spaces include direct entrance from main hallway, open work areas, private offices, a kitchenette and storage. Cable/Internet hookup available. Some furniture may also be available. Plenty of off street parking is available with extra parking available in the rear. Signage can be placed on front of building and on pylon. Additional short-term storage is also available.
This building is centered in the middle of the developing Near West Side. Across the street from The office building that houses the Syracuse City School District Offices and many other companies. Many opportunities in this developing area. CREATIVE FINANCING AVAILABLE FROM SELLER.
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