854-856 Lancaster Avenue

Syracuse, NY 13210

$639,000
Price
11
Beds
4
Baths
3,186 Sq. Ft.
$201 / Sq. Ft.
3,186
Sq. Ft.
$201
per Sq. Ft.

Description

Super Multi-Unit Investment Opportunity Near Syracuse University! a prime real estate opportunity offering not one but two structures and an adjacent lot in the heart of the University Neighborhood. Just moments from Syracuse University, this property provides an ideal investment or owner-occupancy potential with a total of 11 bedrooms across multiple units. The main building is a versatile two-family home. The first-floor unit features a spacious 3-bedrooms and 1 bath. The upper unit boasts 5 bedrooms...Super Multi-Unit Investment Opportunity Near Syracuse University! a prime real estate opportunity offering not one but two structures and an adjacent lot in the heart of the University Neighborhood. Just moments from Syracuse University, this property provides an ideal investment or owner-occupancy potential with a total of 11 bedrooms across multiple units. The main building is a versatile two-family home. The first-floor unit features a spacious 3-bedrooms and 1 bath. The upper unit boasts 5 bedrooms and 2 bathrooms. In addition to the main house, the property includes a charming carriage house, complete with 3 bedrooms and 1 bath offering flexibility for rental income or a guest house / in-law suite. A paved driveway provides off-street parking for multiple vehicles. The property also comes with an adjacent lot, offering potential for expansion, outdoor recreation, or additional parking. With a total of 11 bedrooms, this property is a fantastic investment opportunity for those looking to capitalize on its proximity to campus. Don't miss out on this unique property with tons of possibilities!
  1. Listed by Daniel Murphy • University Hill Realty Ltd
    P: 315-422-0709 C: 315-422-0709 dmurphy@danmurphyrealtor.com

Property Details for 854-856 Lancaster Avenue

Subdivision Comm Complex
Westminster
On Waterfront
No
Parking Description
Paved, Twoor More Spaces
Nearest Cross Street
Euclid
LISTING UPDATED: 09/16/2024 12:02 PM

Property Details for 854-856 Lancaster Avenue

StatusActive
MLS #S1565742
Days on Market2
Taxes$12,947 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti Family / Residential
Year Built1915
Lot Size0.24 AC / 10,576 SF
CountyOnondaga County

Building Information for 854-856 Lancaster Avenue

Stories2Residences3Year Built1915Building Size-Lot Size0.24 AC / 10,576 SF

Property Information for 854-856 Lancaster Avenue

Summary
Location and General Information
  • Elementary School District: Syracuse
  • High School District: Syracuse
  • Middle Or Junior School District: Syracuse
  • Village: Not Applicable
  • Human YN: No
Parking
  • Garage Spaces per Apt: 2.00
  • Garage YN: Yes
Taxes and HOA Information
  • Area NYSWIS Code: Syracuse City-311500
  • Tax Annual Amount: $12,947.00
Property
Lot Information
  • Building Area Source: Public Records
  • Building Area Total: 3186.0
  • Land Features: Near Public Transit, Residential Lot
  • Num Of Acres: 0.2428
  • Lot Size Area: 0.2428
  • Lot Size Square Feet: 10576.0
  • Lot Size Units: Acres
  • Parcel Number: 311500-052-000-0005-016-000-0000
  • Road Frontage: City Street
  • Lot Number: 16
Property and Assessments
  • Property Condition: Resale
  • Senior Community YN: No
  • Assessed Value: $300,000
  • Year Built: 1915
  • Year Built Description: Existing
Utilities
  • Electric Service: Circuit Breakers
  • Num Of Electric Meters: 3
  • Num Of Gas Meters: 3
  • Sewer Description: Connected
  • Utilities Available: Cable Available, Sewer Connected, Water Connected
  • Water Supply: Connected, Public
Interior and Exterior Features
Exterior Features
  • Construction Materials: Other, See Remarks, Copper Plumbing
  • Roof Description: Asphalt, Shingle
Interior Features
  • Appliances: Gas Water Heater
  • Basement Description: Full
  • Basement YN: Yes
  • Num Of Possible Bedrooms: 11
  • Num Fireplaces Total Calculated: 0
  • Fireplace YN: No
  • Floor Description: Hardwood, Laminate, Varies
  • Heating: Gas, Forced Air
  • Heating YN: Yes
  • Levels: Two
  • Sq Ft Total: 3186.0
  • Main Level Bathrooms: 0
Multi Family
Multi-Family Information
  • Number Of Units In Community: 3
  • Number Of Units Total: 3
  • Operating Expense Includes: Other, See Remarks
  • Stories: 2
  • Stories Total: 2
Unit 1
  • Unit Type Actual Rent: $2,520.00
  • Unit Type Baths Total: 2
  • Unit Type Beds Total: 5
  • Features: Oven/ Range,Refrigerator,Dining Area With Kitchen,Living Room
  • Unit Type Total Rent: $2,520.00
  • Unit Type Leased YN: Yes
  • Unit Type Lease Expires: 07-31-2025
  • Unit Type Num Full Baths: 2
  • Unit Type Num Half Baths: 0
  • Unit Type Actual Rent Range: 2520
Unit 2
  • Unit Type Actual Rent: $1,500.00
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 3
  • Features: Oven/ Range,Refrigerator,Living Room,Porch
  • Unit Type Total Rent: $1,500.00
  • Unit Type Leased YN: Yes
  • Unit Type Lease Expires: 07-31-2025
  • Unit Type Num Full Baths: 1
  • Unit Type Num Half Baths: 0
  • Unit Type Actual Rent Range: 1500
Unit 3
  • Unit Type Actual Rent: $1,950.00
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 3
  • Features: Oven/ Range,Refrigerator,Living Room,Other - See Remarks
  • Unit Type Total Rent: $1,950.00
  • Unit Type Leased YN: Yes
  • Unit Type Lease Expires: 07-31-2025
  • Unit Type Num Full Baths: 1
  • Unit Type Num Half Baths: 0
  • Unit Type Actual Rent Range: 1950
Rental
Rental Information
  • Rent Includes: Trash Collection
  • Tenant Pays: All Utilities
  • Lease Amount Per Area Unit: Dollars Per Square Foot

Property History for 854-856 Lancaster Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Schools near 854-856 Lancaster Avenue

This home is within Syracuse City School District.
Rating
School
Type
Grades
Distance
Edward Smith K 8 School
Public - PK to 8
Nottingham High School
Public - 9 to 12
Syracuse Latin School
Public - PK to 7
Dr King Elementary School
Public - PK to 7
Rating
School
Distance
Edward Smith K 8 School
PublicPK to 8

Nottingham High School
Public9 to 12

Syracuse Latin School
PublicPK to 7

Dr King 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.

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More information about 854-856 Lancaster Avenue, Syracuse, NY 13210

854-856 Lancaster Avenue is a multi-family home for sale in Syracuse, NY 13210. This property was listed for sale on September 16, 2024 by University Hill Realty Ltd, it's currently listed at $639,000. This listing's school district is Syracuse City School District. Nearby schools include Edward Smith K 8 School, Nottingham High School and Syracuse Latin School. 854-856 Lancaster Avenue is a 11-bed, 4-bath, 3,186 sqft multi-family home built in 1915.

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 University Hill Realty Ltd

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.