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866 Lancaster AVE Syracuse, NY 13210
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Key Details
Sold Price $560,000
Property Type Multi-Family
Sub Type Other
Listing Status Sold
Purchase Type For Sale
Square Footage 5,440 sqft
Price per Sqft $102
MLS Listing ID S1596254
Sold Date 09/17/25
Bedrooms 5
Construction Status Existing
HOA Y/N No
Year Built 1920
Annual Tax Amount $14,605
Lot Size 5,279 Sqft
Acres 0.1212
Lot Dimensions 40X132
Property Sub-Type Other
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 layout—perfect 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.
Location
State NY
County Onondaga
Area Syracuse City-311500
Rooms
Basement Partially Finished
Interior
Heating Gas, Forced Air
Flooring Hardwood, Laminate, Varies
Furnishings Furnished
Fireplace No
Appliance Appliances Negotiable, Gas Water Heater
Laundry Common Area
Exterior
Exterior Feature Blacktop Driveway, Deck
Utilities Available Sewer Connected, Water Connected
Roof Type Asphalt
Porch Deck
Building
Lot Description Rectangular, Rectangular Lot, Residential Lot
Story 3
Sewer Connected
Water Connected, Public
Structure Type Wood Siding
Construction Status Existing
Schools
School District Syracuse
Others
Senior Community No
Tax ID 311500-052-000-0005-019-000-0000
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition Standard
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Bought with eXp Realty
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