$185,000

Estimated payment $1,304/month

Total Views 65
4 Beds
2 Baths
2,136 Sq Ft
$87 Price per Sq Ft

Highlights

  • Wood Flooring
  • Forced Air Heating System
  • Rectangular Lot
  • Woodwork

About This Home

129-131 Seventh North Street in Syracuse, NY, offers a turnkey investment opportunity in a fully rented two-family building generating positive cash flow. This 2,136 sq ft duplex features two 2-bedroom, 1-bath apartments, built in 1920 on a 6,600 sq ft lot with ample parking. Recent upgrades and stable tenancy make it ideal for seasoned investors or newcomers seeking immediate returns.
?Fully Occupied delivering $2,200 monthly gross rental revenue. All separate utilities. Brand-new roof installed last year (2025),minimizing near-term maintenance costs. Abundant on-site parking, hardwood floors, full basement, and partially finished attic for added value. Convenient neighborhood near Court Street, the property benefits from strong rental demand. Its cash-positive performance and low-maintenance profile suit existing portfolios or entry-level investors aiming for hassle-free income.

Listing Agent

Dan Murphy

Listing by University Hill Realty Ltd License #10301206321 Listed on: 01/19/2026

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,148

Year Built

  • Built in 1920

Lot Details

  • 6,600 Sq Ft Lot
  • Lot Dimensions are 50x132
  • Rectangular Lot

Parking

  • Paved Parking

Home Design

  • Duplex
  • Block Foundation
  • Aluminum Siding
  • Copper Plumbing

Interior Spaces

  • 2,136 Sq Ft Home
  • 2-Story Property
  • Woodwork
  • Basement Fills Entire Space Under The House

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas
  • Gas Water Heater
  • Cable TV Available

Listing and Financial Details

  • Rent includes gardener, snow removal
  • Tax Lot 4
  • Assessor Parcel Number 311500-006-000-0008-004-000-0000

Community Details

Overview

  • 2 Units

Building Details

  • 2 Separate Gas Meters
  • Gross Income $26,400

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,148

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Property Type: Residential
  • Rent Includes: Gardener, Snow Removal
  • Year Built: 1920
  • Lot Features: Rectangular, Rectangular Lot, Residential Lot
  • Road Frontage Type: City Street
  • Directions: N on Court Street, turn left onto 7th North Streeet, house will be on your left.
  • Architectural Style: Duplex
  • Flooring: Ceramic Tile, Hardwood, Resilient, Varies
  • Interior Features: Natural Woodwork
  • Unit Levels: Two
  • Year Built Details: Existing
  • Financial Info Electric: Circuit Breakers
  • Special Features: VirtualTour

Interior Features

  • Appliances: Gas Water Heater
  • Basement: Full
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Stories: 2
  • Stories: 2

Exterior Features

  • Acres: 0.1515
  • Waterfront: No
  • Construction Type: Aluminum Siding, Other, See Remarks, Copper Plumbing
  • Foundation Details: Block

Garage/Parking

  • Parking Features: Paved, Two or More Spaces

Utilities

  • Heating: Gas, Forced Air
  • HeatingYN: Yes
  • Utilities: Cable Available, Sewer Connected, Water Connected
  • Water Source: Connected, Public

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Junior High Dist: Syracuse

Lot Info

  • Parcel Number: 311500-006-000-0008-004-000-0000
  • Lot Dimensions: 50X132
  • Lot Size Sq Ft: 6600.0
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: All Utilities

Multi Family

  • Number Of Units In Community: 2
  • Number Of Units Total: 2
  • Annual Gross Income: 26400.0
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2

Tax Info

  • Tax Annual Amount: 4148.0
  • Tax Lot: 4

Map

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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 $1,605 $86,000 $13,000 $73,000
2023 $1,631 $86,000 $13,000 $73,000
2022 $1,588 $79,500 $13,000 $66,500
2021 $1,588 $79,500 $13,000 $66,500
2020 $1,654 $79,500 $13,000 $66,500
2019 $3,884 $79,500 $13,000 $66,500
2018 $1,651 $79,500 $13,000 $66,500
2017 $1,461 $79,500 $13,000 $66,500
2016 $1,482 $69,000 $13,000 $56,000
2015 -- $69,000 $13,000 $56,000
2014 -- $69,000 $13,000 $56,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/19/2026 01/19/26 For Sale $185,000 -- $87 / Sq Ft
Source: Central New York Information Services

Purchase History

Date Type Sale Price Title Company
Deed $73,000 --
Deed $66,000 Jeffrey Davis
Source: Public Records

Source: Central New York Information Services

MLS Number: S1658763

Central New York Information Services

APN: 311500-006-000-0008-004-000-0000