Syracuse, NY 13210,854-856 Lancaster AVE
Syracuse, NY 13210,854-856 Lancaster AVE
Syracuse, NY 13210,854-856 Lancaster AVE
Syracuse, NY 13210,854-856 Lancaster AVE
Syracuse, NY 13210,854-856 Lancaster AVE
Syracuse, NY 13210,854-856 Lancaster AVE
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$553,370

$589,000

6.0%
Est.Price: ?

For more information regarding the value of a property, please contact us for a free consultation.

Est. payment /mo

11 Beds

4 Baths

3,186 SqFt


SOLD DATE : 05/20/2025

Key Details

Sold Price $553,370

Property Type Multi-Family

Sub Type Multi Family

Listing Status Sold

Purchase Type For Sale

Square Footage 3,186 sqft

Price per Sqft $173

Subdivision Westminster

MLS Listing ID S1590685

Sold Date 05/20/25

Bedrooms 11

Full Baths 4

Construction Status Existing

HOA Y/N No

Year Built 1915

Annual Tax Amount $12,947

Lot Size 10,576 Sqft

Acres 0.2428

Lot Dimensions 80X132

Property Sub-Type Multi Family

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.

Location

State NY

County Onondaga

Community Westminster

Area Syracuse City-311500

Rooms

Basement Full

Interior

Heating Gas, Forced Air

Flooring Hardwood, Laminate, Varies

Fireplace No

Appliance Gas Water Heater

Exterior

Garage Spaces 2.0

Utilities Available Cable Available, Sewer Connected, Water Connected

Roof Type Asphalt,Shingle

Garage Yes

Building

Lot Description Near Public Transit, Rectangular, Rectangular Lot, Residential Lot

Story 2

Sewer Connected

Water Connected, Public

Level or Stories Two

Structure Type Other,See Remarks,Copper Plumbing

Construction Status Existing

Schools

School District Syracuse

Others

Senior Community No

Tax ID 311500-052-000-0005-016-000-0000

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Financing Conventional

Special Listing Condition Standard

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Listed by University Hill Realty Ltd
Bought with NON MLS
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