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854-856 Lancaster Avenue

Syracuse, NY 13210
  • $589,000
  • STATUS: Active Under Contract
  • ON SITE: 77 Days
  • MLS #: S1590685
Under Contract
UPDATED: 42 min ago
$589,000
  • 11
    BEDS
  • 0.24
    ACRES
  • 4
    BATHS
  • 0
    1/2 BATHS
  • 3,186
    SQFT
  • $185
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1915
County:

School Ratings & Info

School District:

Description

Turnkey University Rental Property Prime Investment Opportunity! Discover the perfect addition to your real estate portfolio with this exceptional 3-unit university rental property. Whether you're an experienced investor or a first-time buyer, this fully rented, income-generating property offers immediate cash flow in one of the strongest rental markets in the area. This unique investment includes two units in the main front building and a standalone former carriage house, providing diverse rental options for tenants. Thoughtfully upgraded throughout. Fully rented Stable income from day one. Turnkey investment No immediate renovations needed Major upgrades completed Including brand-new drains and sewer lines Ample parking A rare and valuable feature for tenants Highly desirable location Consistently strong rental demand With significant income potential and a compelling success story, this property is a smart choice. Opportunities like this don't last long! Schedule a showing today and see for yourself why this is the perfect investment.

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©2025 CNYIS, GENRIS, WNYREIS. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither the listing broker(s) nor RPP Team | High Falls Sotheby's International Realty shall be responsible for any typographical errors, misinformation, misprints, and shall be held totally harmless.

The data relating to real estate on this web site comes in part from the Internet Data Exchange (IDX) Program of NYSAMLS’s. Real estate listings held by firms other than RPP Team | High Falls Sotheby's International Realty are marked with the IDX logo and detailed information about them includes the Listing Broker’s Firm Name. Data last updated: 2025-05-17T13:14:41.503.
www.highfallssir.com/homes/160953989
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854-856 Lancaster Avenue Syracuse, NY 13210

  • Price: $589,000
  • Status: Active Under Contract
  • On Site: 77 Days
  • Updated: 42 min ago
  • MLS #: S1590685
11
Beds
4
Baths
0
½ Baths
0.24
Acres
3,186
SQFT
$185
$/SQFT
1915
Built
Neighborhood:
University Hill
County:
Onondaga
Area:
Syracuse City-311500
School District:
Syracuse
Property Description
Turnkey University Rental Property Prime Investment Opportunity! Discover the perfect addition to your real estate portfolio with this exceptional 3-unit university rental property. Whether you're an experienced investor or a first-time buyer, this fully rented, income-generating property offers immediate cash flow in one of the strongest rental markets in the area. This unique investment includes two units in the main front building and a standalone former carriage house, providing diverse rental options for tenants. Thoughtfully upgraded throughout. Fully rented Stable income from day one. Turnkey investment No immediate renovations needed Major upgrades completed Including brand-new drains and sewer lines Ample parking A rare and valuable feature for tenants Highly desirable location Consistently strong rental demand With significant income potential and a compelling success story, this property is a smart choice. Opportunities like this don't last long! Schedule a showing today and see for yourself why this is the perfect investment.
Exterior Features

Construction Materials Other See Remarks Copper Plumbing Garage YN Yes Lot Features Near Public Transit Rectangular Residential Lot Parking Features Paved Two or More Spaces Road Frontage Type City Street Roof Asphalt Shingle Waterfront YN No

Interior Features

Appliances Gas Water Heater Basement Full Basement YN Yes Fireplace YN No Fireplaces Total 0 Flooring Hardwood Laminate Varies Heating Gas Forced Air Heating YN Yes Levels Two Living Area 3186

Property Features

Electric Circuit Breakers Listing Terms Cash Conventional Possession Close Of Escrow Property Condition Resale Property Sub Type Multi Family Rent Includes Trash Collection Sewer Connected Special Listing Conditions Standard Tax Annual Amount 12947 Utilities Cable Available Sewer Connected Water Connected Water Source Connected Public Year Built Details Existing

Greater Rochester Association of Realtors logo Listing information © 2025 CNYIS, GENRIS, WNYREIS. Listing provided by Daniel Murphy of University Hill Realty Ltd : .
©2025 CNYIS, GENRIS, WNYREIS. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither the listing broker(s) nor RPP Team | High Falls Sotheby's International Realty shall be responsible for any typographical errors, misinformation, misprints, and shall be held totally harmless.

The data relating to real estate on this web site comes in part from the Internet Data Exchange (IDX) Program of NYSAMLS’s. Real estate listings held by firms other than RPP Team | High Falls Sotheby's International Realty are marked with the IDX logo and detailed information about them includes the Listing Broker’s Firm Name. Data last updated: 2025-05-17T13:14:41.503.
 
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