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420 Schaffer AVE Syracuse, NY 13206
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Key Details
Sold Price $240,000
Property Type Multi-Family
Sub Type Multi Family
Listing Status Sold
Purchase Type For Sale
Square Footage 2,280 sqft
Price per Sqft $105
Subdivision Syracuse Gardens
MLS Listing ID S1602905
Sold Date 07/21/25
Bedrooms 6
Full Baths 2
Construction Status Existing
HOA Y/N No
Year Built 1949
Annual Tax Amount $6,369
Lot Size 7,278 Sqft
Acres 0.1671
Lot Dimensions 91X80
Property Sub-Type Multi Family
Property Description
Welcome to 420 Schaffer Ave, a two-family property located in the Lyncourt area. Each unit features 3 bedrooms and 1 full bathroom, offering spacious layouts and hardwood floors throughout. This property is offers the opportunity for an owner-occupant looking to offset their mortgage with rental income or an investor seeking a solid addition to their portfolio. Both units are currently tenant-occupied on a month-to-month basis, generating over $33,000 in gross annual rental income. The property includes a full basement for additional storage and off-street parking adds convenience for residents. Situated close to major highways, restaurants, shopping, and public transportation, this location offers strong rental demand and excellent accessibility. Within the East Syracuse Minoa (ESM) School District. Whether you're house hacking or expanding your rental holdings, 420 Schaffer Ave delivers long-term value in a high-demand market.
Location
State NY
County Onondaga
Community Syracuse Gardens
Area Salina-314889
Direction Court Street to Arterial to Schaffer; 1 block off Teall
Rooms
Basement Full, Walk-Out Access
Interior
Interior Features Ceiling Fan(s)
Heating Gas, Baseboard, Forced Air, Hot Water
Flooring Ceramic Tile, Hardwood, Resilient, Varies
Fireplace No
Appliance Gas Water Heater
Exterior
Utilities Available Cable Available, Sewer Connected, Water Connected
Building
Lot Description Corner Lot, Irregular Lot, Near Public Transit, Residential Lot
Story 2
Foundation Block
Sewer Connected
Water Connected, Public
Level or Stories Two
Structure Type Aluminum Siding,Copper Plumbing
Construction Status Existing
Schools
School District Lyncourt
Others
Senior Community No
Tax ID 314889-070-000-0011-018-000-0000
Acceptable Financing Cash, Conventional, FHA
Listing Terms Cash, Conventional, FHA
Financing Cash
Special Listing Condition Standard
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Bought with Kirnan Real Estate
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