LANCASTER AV. UNIVERSITY RENTAL PROPERTY. Two Family directly on the corner of Lancaster and Kensington. Front door opens to Lancaster. 4 Bedroom upstairs/ 1 Bedroom lower unit - all separate utilities. Plenty of parking. Current owner has redone roof, heating systems, windows, flooring and more. Its a superior location in a very strong rental area. If you are looking to enter the university rental market, or if you are looking to add to your existing portfolio- this is the best income property value on the hill.
Last Agent to Sell the Property
Listing by University Hill Realty Ltd License #10301206321 Listed on: 07/25/2014
$139,900
Great income producer, this 2-family investment property with new roof, new plywood, new shingles and updated bathrooms, two new furnaces, two new hot water heaters and with almost 19% cash on cash return. There are new replacement windows. House is in decent condition and turn key operation ready for new owner.
Susan Li Coldwell Banker Prime Prop,Inc
$184,900
Welcome to this exceptional two-family property, offering a turnkey investment opportunity or the perfect setup for an owner-occupant. With all the big-ticket items already taken care of, you can move in with peace of mind. The exterior features newer vinyl siding, energy-efficient vinyl windows, and a recently replaced roof—major updates that add value and long-term durability.Inside,
Teddy Lewandowski Hunt Real Estate ERA
$184,900
Welcome to 1516 Valley Dr, a fantastic mixed-use building situated in Syracuse, NY. The street front boasts a successful store and print shop while the back is a residential 3 bedroom, 2 full bathroom house! Both units are currently rented out for a total gross monthly rent of $2,375 effective 1/1/2025. This presents terrific potential cashflow for an investor! Convenience is key, and this
Connor Schwartz The O'Hara Group
$169,900
Spacious 2-family with 3-bedroom on the first floor and 4-bedroom on the second unit. Open porch, new floorings, updated kitchens, bathrooms, furnaces and hot water heaters are all in good working condition. Separate utilities and each unit pays their own. Property is in good shape and ready for new tenants to move in. Solid investment opportunity!
Susan Li Coldwell Banker Prime Prop,Inc
$214,900
Discover this exceptional multi-family property in the heart of Solvay, NY, featuring two recently updated side-by side units that are currently rented out. The first unit is a charming 2-bedroom, while the second boasts 1 large bedroom. Recent renovations include updated kitchens and bathrooms, newer flooring, and fresh paint, providing a turnkey experience for both units.Both furnaces
Connor Schwartz The O'Hara Group
$145,000
Expect to be impressed with this 2-family home in Mattydale. House has good bones and 2-car garage. Currently the front of the house has 2-bedrooms and 1 full bath. Great kitchen & updated bathroom. It has an enclosed porch, living room, dining room and an eat-in kitchen. Back of the house has 1 bedroom, 1 full bath w/dine-in kitchen. Two separate utilities and tenants are all good
Susan Li Coldwell Banker Prime Prop,Inc
$175,000
Welcome to 552-54 Columbus Avenue — a classic two-family residence with strong rental potential, ideally situated just a short walk from the vibrant Westcott neighborhood and a variety of local shops, restaurants, and entertainment. This highly desirable location consistently attracts Syracuse University students, young professionals, and long-term tenants alike. Current tenants requested no
Jeremy Allen Acropolis Realty Group LLC
$169,000
Fantastic Investment Opportunity or Owner-Occupied Duplex Just 1.5 Miles from Syracuse University! This beautifully updated two-family home has been remodeled within the last 10 years and offers a perfect blend of charm and modern convenience. Both units have been thoughtfully upgraded, featuring newer roof, furnace, and electrical systems. The upstairs unit is fully furnished and will be vacated
Julie Brooks Integrated Real Estate Ser LLC
$189,000
Attention investors! Great opportunity to own side by side duplex located on SU South Campus bus route. Currently vacant and ready to rent for fall! Potential rents $1600+ per side. All separate utilities. Also available with two vacant lots next door for additional development in highly desirable up and coming area where 81 is coming down. Plus added single Family can be sold as well - own
Bill Carroll Real Broker NY LLC
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $305,000 | None Available | |
| Deed | $177,000 | -- | |
| Deed | $177,000 | -- | |
| Deed | $70,000 | William Rose | |
| Deed | $70,000 | William Rose |
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $274,500 | Purchase Money Mortgage |
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 02/16/2024 02/16/24 | Sold | $305,000 | +1.7% | $142 / Sq Ft |
| 10/20/2023 10/20/23 | For Sale | $300,000 | +69.5% | $139 / Sq Ft |
| 09/26/2014 09/26/14 | Sold | $177,000 | +1.1% | $122 / Sq Ft |
| 07/28/2014 07/28/14 | Pending | -- | -- | -- |
| 07/25/2014 07/25/14 | For Sale | $175,000 | -- | $120 / Sq Ft |
| 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 | -- | $173,000 | $12,600 | $160,400 |
| 2023 | $2,509 | $165,000 | $12,600 | $152,400 |
| 2022 | $2,538 | $165,000 | $12,600 | $152,400 |
| 2021 | $2,538 | $165,000 | $12,600 | $152,400 |
| 2020 | $2,384 | $165,000 | $12,600 | $152,400 |
| 2019 | $2,390 | $139,000 | $12,600 | $126,400 |
| 2018 | $2,390 | $139,000 | $12,600 | $126,400 |
| 2017 | $2,189 | $139,000 | $12,600 | $126,400 |
| 2016 | $2,353 | $139,000 | $12,600 | $126,400 |
| 2015 | -- | $129,000 | $12,600 | $116,400 |
| 2014 | -- | $129,000 | $12,600 | $116,400 |
Seller's Agent in 2024
Gina Kadah
Howard Hanna
(315) 446-8291
2 in this area
20 Total Sales
Seller Co-Listing Agent in 2024
Sara Feola-Marcoccia
Howard Hanna
(315) 430-4942
1 in this area
85 Total Sales
O
Buyer's Agent in 2024
Olivia Ciambriello
NextHome CNY Realty
Seller's Agent in 2014
Dan Murphy
University Hill Realty Ltd
(315) 460-0024
9 in this area
42 Total Sales
D
Buyer's Agent in 2014
Daniel Gaulin
Hunt Real Estate
(315) 391-2847
5 Total Sales
Source: Central New York Information Services
MLS Number: S316505
APN: 311500-052-000-0010-018-000-0000
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