Syracuse, NY 13204 221 Grace Street

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Presented By: Ryan Yamini with Hunt Real Estate ERA;
  • MLS# S1604093
  • 05/13/2025
  • Request Tour
  • Request Info
  • Beds • 6
  • Baths • 2
  • SQFT • 1,862
  • Garage • 1

Home Details

Excellent investment opportunity on Syracuse’s West Side with strong income potential and owner-occupant flexibility. This well-maintained duplex features two spacious 3-bedroom, 1-bath units with separate utilities — a key advantage for reducing landlord expenses. The first-floor unit has been recently renovated and is move-in ready, while the second-floor unit is tenant occupied, offering immediate rental income. With only one unit currently leased, this is an ideal setup for an investor looking to live in one unit while renting the other, or for a full lease-up to maximize returns. The property boasts hardwood floors, generous room sizes, and a clean, well-kept interior throughout. A large detached garage provides additional value for storage and the spacious yard adds outdoor appeal for tenants or future improvements. Projected gross annual rent exceeds $25,000 when fully occupied, making this a solid cash-flowing asset in a growing rental market.
Presented By: Ryan Yamini with Hunt Real Estate ERA;

Interior Features for 221 Grace Street

Bedrooms

Total Bedrooms6

Bathrooms

Half Baths0
Main Level Bathrooms
Total Baths2

Other Interior Features

BasementFull
Basement (Y/N)Yes
Fireplace Y/NNo
FlooringCeramicTile, Hardwood, Resilient, Varies
Heating Y/NYes
Total Fireplaces
Total Stories2

General for 221 Grace Street

AppliancesGasWaterHeater
Architectural StyleDuplex
CitySyracuse
Construction MaterialsCompositeSiding, CopperPlumbing
CountyOnondaga
DirectionsS.GEDDES TO DELAWARE TURN LEFT ON GRACE HOUSE ON RIGHT
ElectricCircuitBreakers
Elementary School DistrictSyracuse
Full Baths2
Garage Spaces1.0
Garage Y/NYes
HeatingGas, ForcedAir
High School DistrictSyracuse
LevelsTwo
Lot Size UnitsAcres
MLS AreaSyracuse City-311500
Middle/Junior School DistrictSyracuse
Number Of Units Total2
OwnerPaysTrashCollection, Water
Patio/Porch FeaturesBalcony
PossessionCloseOfEscrow
Property ConditionResale
Property SubtypeMultiFamily
Property TypeResidential
Rent IncludesTrashCollection, Water
RoofAsphalt, Shingle
School DistrictSyracuse
Senior Community Y/NNo
SewerConnected
Standard StatusActive
StatusActive
Stories2
Tax Annual Amount1854.0
Tax Assessed Value45000
Tax Lot2
TaxOtherAnnualAssessmentAmount0.0
TownshipNot Applicable
UtilitiesSewerConnected, WaterConnected
Virtual TourClick here
Virtual TourClick here
Year Built1900
Year Built DetailsExisting

Exterior for 221 Grace Street

Building Area Total1862.0
Exterior AmenitiesBalcony, Fence
FencingPartial
Foundation DetailsStone
Gulf-FrontNo
Lot Dimensions50X132
Lot FeaturesNearPublicTransit, Rectangular, RectangularLot, ResidentialLot
Lot Size Acres1.36
Lot Size Area1.36
Number of Separate Electric Meters2
Number of Separate Gas Meters2
Parking FeaturesPaved, TwoOrMoreSpaces
Road Frontage TypeCityStreet
Water SourceConnected, Public

Additional Details

Price History

Mark Siwiec

CEO
Price $179,900
MLS#S1604093
List Date 05/13/2025
Property Type Multi-Family
Phone
Request Tour
Request Info

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