617 Carbon Street, Syracuse, NY 13208 (MLS # S1617201)

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View Virtual Tour PRICE $295,500 BEDS 9 BATHS 3 HOME SIZE 4,084 sqft LOT SIZE 13,874 sqft Request More Info Schedule a Showing

TRIPLE INCOME OPPORTUNITY IN SYRACUSE Welcome to this exceptional multi-family property offering three units each with three bedrooms and full bath. The property has two separate buildings, the three bedroom single family home and the additional building has two units, each with three bedrooms. This investment opportunity comes with the convenience of separate meters for each unit, allowing for straightforward utility management and billing. Recently renovated with attention to detail, this property features new LVT waterproof flooring, fresh carpet, and a modern paint scheme throughout. The kitchens have been updated with new cabinets, complemented by new lighting fixtures that brighten each space. All electrical systems have been professionally serviced as of June 2025, ensuring safety and reliability. One standout feature is the spacious double lot, providing ample outdoor space—a rarity in multi-family properties. The private yard offers tenants a peaceful retreat while giving investors flexibility for future development. Speaking of potential, this property holds possibilities for expansion to five units, presenting an opportunity to maximize your investment returns. No need to worry about appliances—all units come fully equipped, making move-in seamless for new tenants. The property also benefits from recent tree maintenance completed in May 2025, eliminating any insurance concerns and ensuring the grounds remain safe and attractive. This triple-income generator combines immediate rental potential with long-term appreciation in a growing Syracuse neighborhood. With its thoughtful renovations, separate utilities, and expansion potential, this multi-family investment property offers the perfect blend of current income and future growth opportunity.