1061 Lancaster Ave Syracuse, NY 13210
University NeighborhoodEstimated payment $3,257/month
Highlights
- Colonial Architecture
- Cathedral Ceiling
- Main Floor Bedroom
- Deck
- Wood Flooring
- Attic
About This Home
Strong addition to any student housing portfolio just a short walk to Syracuse University Campus. This 4,000+ sq ft property offers 7 bedrooms and 2 full baths, currently rented at $800 per bedroom and delivered fully furnished for a true turnkey opportunity. The home features updated kitchens w new appliances and baths, fresh paint interior/exterior, natural hardwood floors, original woodwork, and a striking double-sided staircase that adds character. Additional highlights include private off-street parking, deck off the back, an oversized driveway accommodating 6+ vehicles, and a walkout lower level with laundry. The finished third floor includes a second kitchen, full bath and 3 bedrooms, offering flexibility for an owner’s suite or the potential to expand to a 10-bedroom layout—significantly increasing rental income. Immediate cash flow with upside potential—don’t miss this high-performing investment opportunity.
Listing Agent
Listing by Howard Hanna Real Estate License #10401323587 Listed on: 04/29/2026
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $8,132
Year Built
- Built in 1920
Lot Details
- 5,016 Sq Ft Lot
- Lot Dimensions are 38x132
- Rectangular Lot
Home Design
- Colonial Architecture
- Stone Foundation
- Aluminum Siding
Interior Spaces
- 4,130 Sq Ft Home
- 3-Story Property
- Woodwork
- Cathedral Ceiling
- Ceiling Fan
- Entrance Foyer
- Family Room
- Separate Formal Living Room
- Formal Dining Room
- Bonus Room
- Wood Flooring
- Attic
Kitchen
- Eat-In Kitchen
- Gas Oven
- Gas Range
- Dishwasher
- Granite Countertops
Bedrooms and Bathrooms
- 7 Bedrooms | 2 Main Level Bedrooms
- 3 Full Bathrooms
Laundry
- Laundry Room
- Dryer
- Washer
Basement
- Walk-Out Basement
- Basement Fills Entire Space Under The House
- Laundry in Basement
Parking
- No Garage
- Gravel Driveway
Outdoor Features
- Deck
- Covered Patio or Porch
Utilities
- Forced Air Heating System
- Heating System Uses Gas
- Gas Water Heater
- High Speed Internet
- Cable TV Available
Community Details
- Westminster Subdivision
Listing and Financial Details
- Tax Lot 20
- Assessor Parcel Number 311500-052-000-0019-020-000-0000
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $2,487 | $190,000 | $10,000 | $180,000 |
| 2023 | $2,562 | $190,000 | $10,000 | $180,000 |
| 2022 | $2,426 | $190,000 | $10,000 | $180,000 |
| 2021 | $2,426 | $176,000 | $10,000 | $166,000 |
| 2020 | $3,028 | $176,000 | $10,000 | $166,000 |
| 2019 | $2,268 | $176,000 | $10,000 | $166,000 |
| 2018 | $2,268 | $146,000 | $10,000 | $136,000 |
| 2017 | $1,921 | $146,000 | $10,000 | $136,000 |
| 2016 | $1,958 | $124,000 | $10,000 | $114,000 |
| 2015 | -- | $124,000 | $10,000 | $114,000 |
| 2014 | -- | $124,000 | $10,000 | $114,000 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 04/29/2026 04/29/26 | For Sale | $489,900 | +93.3% | $119 / Sq Ft | |
| 03/10/2022 03/10/22 | Sold | $253,500 | -4.3% | $61 / Sq Ft | View Prior Sale |
| 12/07/2021 12/07/21 | Pending | -- | -- | -- | |
| 08/23/2021 08/23/21 | Price Changed | $264,900 | -1.9% | $64 / Sq Ft | |
| 07/13/2021 07/13/21 | For Sale | $269,900 | +20.0% | $65 / Sq Ft | |
| 01/31/2018 01/31/18 | Sold | $225,000 | -1.7% | $54 / Sq Ft | View Prior Sale |
| 12/10/2017 12/10/17 | Pending | -- | -- | -- | |
| 06/02/2017 06/02/17 | For Sale | $229,000 | -- | $55 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | -- | None Available | |
| Warranty Deed | $260,000 | None Available | |
| Warranty Deed | $260,000 | None Available | |
| Warranty Deed | $260,000 | None Available | |
| Warranty Deed | $225,000 | -- | |
| Warranty Deed | $225,000 | -- | |
| Warranty Deed | $225,000 | -- | |
| Warranty Deed | $225,000 | -- | |
| Deed | $180,000 | Robert E Carter | |
| Deed | $180,000 | Robert E Carter |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $208,000 | Stand Alone Refi Refinance Of Original Loan | |
| Previous Owner | $180,000 | Purchase Money Mortgage |
Source: Central New York Information Services
MLS Number: S1677559
APN: 311500-052-000-0019-020-000-0000
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