854-856 Lancaster Avenue, Syracuse, NY 13210 (MLS # S1590685)
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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.
| DAYS ON MARKET | 29 | LAST UPDATED | 3/16/2025 |
|---|---|---|---|
| TRACT | Westminster | YEAR BUILT | 1915 |
| COMMUNITY | Syracuse City-311500 | GARAGE SPACES | 2.0 |
| COUNTY | Onondaga | STATUS | Conditional |
| PROPERTY TYPE(S) | Multi Family |
| School District | Syracuse |
|---|
| ADDITIONAL DETAILS | |
| APPLIANCES | Gas Water Heater |
|---|---|
| AREA | Syracuse City-311500 |
| BASEMENT | Full, Yes |
| CONSTRUCTION | Copper Plumbing, Other, See Remarks |
| GARAGE | Yes |
| HEAT | Forced Air, Gas |
| LOT | 10576 sq ft |
| LOT DESCRIPTION | Near Public Transit, Rectangular, Residential Lot |
| LOT DIMENSIONS | 80x132 |
| PARKING | Paved,Two or More Spaces |
| SEWER | Connected |
| STORIES | 2 |
| SUBDIVISION | Westminster |
| TAXES | 12947 |
| UTILITIES | Cable Available,Sewer Connected,Water Connected, Electric - Circuit Breakers |
| WATER | Connected,Public |
MORTGAGE CALCULATOR
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Listing provided by: Daniel Murphy, University Hill Realty Ltd
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