Syracuse, NY 13210 866 Lancaster Avenue
$599,900
44 more
Presented By: Esmir Omerovic with eXp Realty;
Beds • 5
SQFT • 5,440
Garage • 1
Home Details
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.
Presented By: Esmir Omerovic with eXp Realty;
Interior Features for 866 Lancaster Avenue
Bedrooms
Total Bedrooms5
Bathrooms
Main Level Bathrooms0
Total Baths
Other Interior Features
BasementPartiallyFinished
Basement (Y/N)Yes
Fireplace Y/NNo
FlooringHardwood, Laminate, Varies
Furnished Y/NFurnished
Heating Y/NYes
Laundry FeaturesCommonArea
Total Fireplaces
Total Stories3
General for 866 Lancaster Avenue
AppliancesAppliancesNegotiable, GasWaterHeater
CitySyracuse
Construction MaterialsWoodSiding
CountyOnondaga
Elementary School DistrictSyracuse
HeatingGas, ForcedAir
High School DistrictSyracuse
Lot Size Square Feet5280.0
Lot Size UnitsAcres
MLS AreaSyracuse City-311500
Middle/Junior School DistrictSyracuse
Number Of Units Total5
OwnerPaysElectricity, GroundsCare, Garage, Heat, HotWater, SnowRemoval, Water
Patio/Porch FeaturesDeck
PossessionCloseOfEscrow
Property ConditionResale
Property Sub Type AdditionalOther
Property SubtypeOther
Property TypeMultiFamily
Rent IncludesCommonAreaMaintenance, Electricity, Heat, HotWater, Parking, SnowRemoval, Water
RoofAsphalt
School DistrictSyracuse
Senior Community Y/NNo
SewerConnected
Standard StatusActiveUnderContract
StatusActiveUnderContract
Stories3
Tax Annual Amount14605.0
Tax Assessed Value325000
Tax Lot19
TaxOtherAnnualAssessmentAmount0.0
TownshipNot Applicable
UtilitiesSewerConnected, WaterConnected
Virtual TourClick here
Virtual TourClick here
Waterfront Y/NNo
Year Built1920
Year Built DetailsExisting
Exterior for 866 Lancaster Avenue
Building Area Total5440.0
Exterior AmenitiesBlacktopDriveway, Deck
Lot Dimensions40X132
Lot FeaturesRectangular, RectangularLot, ResidentialLot
Lot Size Acres0.1212
Lot Size Area0.1212
Number of Separate Electric Meters1
Number of Separate Gas Meters1
Parking FeaturesOneSpace, Garage
Road Frontage TypeCityStreet
Water SourceConnected, Public
