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866 Lancaster Avenue

Syracuse, NY 13210
  • $599,900
  • STATUS: Active Under Contract
  • ON SITE: 47 Days
  • MLS #: S1596254
Under Contract
$599,900
  • 5
    BEDS
  • 0.12
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 5,440
    SQFT
  • $110
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1920
County:

School Ratings & Info

School District:

Description

Prime 5-Unit investment opportunity in the heart of Syracuse University neighborhood! Located just minutes from Syracuse University, this rare five-unit property offers an unmatched combination of size, location, and layoutperfect for investors seeking strong rental potential in a high-demand area. This property currently generates over $6,500 in monthly gross income, with room to increase rents according to market value, currently setup with four 1-bedroom apartments and one 3 bedroom apartment.. The property is well maintained featuring spacious units, each designed for comfort, with functional layouts that maximize rental income.

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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: 2025-05-19T00:14:16.247.
www.highfallssir.com/homes/162094157
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866 Lancaster Avenue Syracuse, NY 13210

  • Price: $599,900
  • Status: Active Under Contract
  • On Site: 47 Days
  • MLS #: S1596254
5
Beds
0
Baths
0
½ Baths
0.12
Acres
5,440
SQFT
$110
$/SQFT
1920
Built
Neighborhood:
University Neighborhood
County:
Onondaga
Area:
Syracuse City-311500
School District:
Syracuse
Property Description
Prime 5-Unit investment opportunity in the heart of Syracuse University neighborhood! Located just minutes from Syracuse University, this rare five-unit property offers an unmatched combination of size, location, and layoutperfect for investors seeking strong rental potential in a high-demand area. This property currently generates over $6,500 in monthly gross income, with room to increase rents according to market value, currently setup with four 1-bedroom apartments and one 3 bedroom apartment.. The property is well maintained featuring spacious units, each designed for comfort, with functional layouts that maximize rental income.
Exterior Features

Construction Materials Wood Siding Exterior Features Blacktop Driveway Deck Lot Features Rectangular Rectangular Lot Residential Lot Parking Features One Space Garage Patio And Porch Features Deck Road Frontage Type City Street Roof Asphalt Waterfront YN No

Interior Features

Appliances Appliances Negotiable Gas Water Heater Basement Partially Finished Basement YN Yes Fireplace YN No Fireplaces Total 0 Flooring Hardwood Laminate Varies Furnished Furnished Heating Gas Forced Air Heating YN Yes Laundry Features Common Area Living Area 5440

Property Features

Listing Terms Cash Conventional Possession Close Of Escrow Property Condition Resale Property Sub Type Other Rent Includes Common Area Maintenance Electricity Heat Hot Water Parking Snow Removal Water Sewer Connected Special Listing Conditions Standard Tax Annual Amount 14605 Utilities 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 Esmir Omerovic of eXp Realty : 888-276-0630.
©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: 2025-05-19T00:14:16.247.
 
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