500 Highland Street

Syracuse, NY 13203

$249,900
Price
6
Beds
4,258 Sq. Ft.
$59 / Sq. Ft.
4,258
Sq. Ft.
$59
per Sq. Ft.

Description

Located in the Northside area of Syracuse, NY, this 6 unit multi-family property at 500 Highland St presents an excellent investment opportunity. With 3 one bedroom units, and 3 two bedroom units, and a gross monthly rental income of $4,450, this property is a cash cow. The well-maintained building is situated in a prime location, ensuring strong rental demand. Investors looking to expand their portfolio will find this property to be an ideal addition. With its strong rental income and potential...Located in the Northside area of Syracuse, NY, this 6 unit multi-family property at 500 Highland St presents an excellent investment opportunity. With 3 one bedroom units, and 3 two bedroom units, and a gross monthly rental income of $4,450, this property is a cash cow. The well-maintained building is situated in a prime location, ensuring strong rental demand. Investors looking to expand their portfolio will find this property to be an ideal addition. With its strong rental income and potential for value-add through renovations or upgrades, 500 Highland St is a prime investment opportunity. Don't miss your chance to add this property to your portfolio and take advantage of its location in Syracuse, NY!
  1. Listed by Jeremy McDonald • Hunt Real Estate ERA
    P: (315)-699-3200 C: (315)-418-0291 jeremy.mcdonald@huntrealestate.com

Property Details for 500 Highland Street

On Waterfront
No
Parking Description
None, No Garage
Nearest Cross Street
Beecher St
LISTING UPDATED: 10/30/2024 11:09 AM

Property Details for 500 Highland Street

StatusActive
MLS #S1549238
Days on Market139
Taxes$5,300 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti Family / Other
Year Built1900
Lot Size0.12 AC / 5,146 SF
CountyOnondaga County

Building Information for 500 Highland Street

Stories2Residences6Year Built1900Building Size-Lot Size0.12 AC / 5,146 SF

Property Information for 500 Highland Street

Summary
Location and General Information
  • Elementary School District: Syracuse
  • High School District: Syracuse
  • Middle Or Junior School District: Syracuse
  • Village: Not Applicable
  • Human YN: Yes
Parking
  • Garage Spaces per Apt: .00
  • Garage YN: No
Taxes and HOA Information
  • Area NYSWIS Code: Syracuse City-311500
  • Tax Annual Amount: $5,300.00
Property
Lot Information
  • Building Area Source: Public Records
  • Building Area Total: 4258.0
  • Land Features: Corner Lot, Near Public Transit, Residential Lot
  • Num Of Acres: 0.1181
  • Lot Size Area: 0.1181
  • Lot Size Square Feet: 5146.0
  • Lot Size Units: Acres
  • Parcel Number: 311500-016-000-0011-012-000-0000
  • Road Frontage: City Street
  • Lot Number: 12
Property and Assessments
  • Property Condition: Resale
  • Senior Community YN: No
  • Assessed Value: $80,000
  • Year Built: 1900
  • Year Built Description: Existing
  • Property Sub Type Additional: Other
Utilities
  • Num Of Electric Meters: 6
  • Sewer Description: Connected
  • Utilities Available: Sewer Connected, Water Connected
  • Water Supply: Connected, Public
Interior and Exterior Features
Exterior Features
  • Construction Materials: Vinyl Siding
  • Roof Description: Shingle
Interior Features
  • Appliances: Gas Water Heater, See Remarks
  • Basement Description: Crawl Space
  • Num Of Possible Bedrooms: 6
  • HVAC Type: Other, See Remarks
  • Num Fireplaces Total Calculated: 0
  • Fireplace YN: No
  • Floor Description: Resilient, Varies, Vinyl
  • Heating: Gas, Other, See Remarks
  • Heating YN: Yes
  • Levels: Two
  • Sq Ft Total: 4258.0
  • Main Level Bathrooms: 0
Multi Family
Multi-Family Information
  • Gross Annual Income: $53,400.00
  • Number Of Units Total: 6
  • Operating Expense Includes: Other, See Remarks
  • Stories: 2
  • Stories Total: 2
Rental
Rental Information
  • Rent Includes: Water
  • Lease Amount Per Area Unit: Dollars Per Square Foot

Property History for 500 Highland Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 500 Highland Street

Taxable ValueLand$11,500Additions$68,500Total$80,000
Home Facts
Total Finished SqFt2,155 SqFtAbove Grade Finished SqFt2,155 SqFtStories2Lot Size5,200 SqFtStyleMulti-Family Res (5+ Units)Year Built1900Zoning02 - SINGLE RCountyONONDAGAAPN311500 016.-11-12.0

Schools near 500 Highland Street

This home is within Syracuse City School District.
Rating
School
Type
Grades
Distance
Public - PK to 6
Public - 6 to 8
Public - 9 to 12
Public - PK to 7
Rating
School
Distance
Franklin Elementary School
PublicPK to 6

Lincoln Middle School
Public6 to 8

Henninger High School
Public9 to 12

Salem Hyde Elementary School
PublicPK to 7

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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500 Highland Street is a multi-family home for sale in Syracuse, NY 13203. This property was listed for sale on July 1, 2024 by Hunt Real Estate ERA, it's currently listed at $249,900. This listing's school district is Syracuse City School District. Nearby schools include Franklin Elementary School, Lincoln Middle School and Henninger High School. 500 Highland Street is a 6-bed, 0-bath, 4,258 sqft multi-family home built in 1900.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Hunt Real Estate ERA

Based on information from one of the following Multiple Listing Services: WNYREIS and Greater Binghamton Association of REALTORS. Information being provided is for the visitor's personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by WNYREIS and Greater Binghamton Association of REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.