Excellent investment opportunity! Turnkey remodeled two-family property featuring two spacious 3-bedroom apartments, each with an eat-in kitchen, living room, and full bathroom. Located in the heart of the Westside/Geddes neighborhood, just a block from North Geddes Street and close to shopping, parks, and public transit. Potential annual rent of over $30,000 and 14.49% cap rate. Whether you're an investor or owner-occupant, this is a fantastic chance to own in one of Syracuse's up-and-coming areas. Don’t miss out!
Listing by Acropolis Realty Group LLCLicense #10401393505
Property Details
Home Type
Multi-Family
Est. Annual Taxes
$2,925
Year Built
Built in 1900
Lot Details
4,356 Sq Ft Lot
Lot Dimensions are 33x132
Property is Fully Fenced
Rectangular Lot
Private Yard
Parking
On-Street Parking
Home Design
Duplex
Block Foundation
Aluminum Siding
Interior Spaces
1,400 Sq Ft Home
2-Story Property
Washer Hookup
Flooring
Wood
Laminate
Bedrooms and Bathrooms
6 Bedrooms
2 Full Bathrooms
Basement
Walk-Out Basement
Basement Fills Entire Space Under The House
Utilities
Baseboard Heating
Electric Water Heater
Cable TV Available
Listing and Financial Details
Tax Lot 25
Assessor Parcel Number 311500-109-000-0001-025-000-0000
Community Details
Overview
2 Units
Geddes Subdivision
Building Details
2 Separate Gas Meters
Operating Expense $6,200
Gross Income $31,200
Property Details
Home Type
Multi-Family
Est. Annual Taxes
$2,925
Year Built
Built in 1900
Lot Details
0
Listing Details
Property Sub Type: Multi Family
Property Type: Residential
Rent Includes: Other, See Remarks
Year Built: 1900
ResoLaundryFeatures: Washer Hookup
Lot Features: Other, Rectangular, Rectangular Lot, See Remarks
Co List Office Mls Id: ACRO01
Co List Office Phone: 315-396-0493
Subdivision Name: Geddes
Directions: Major cross street - West Genesee St. and turn on Lakeview Avenue
Architectural Style: Duplex
Flooring: Hardwood, Laminate, Varies
Unit Levels: Two
Year Built Details: Existing
Special Features: VirtualTour
Interior Features
Appliances: Electric Water Heater
Basement: Full, Walk-Out Access
Basement YN: Yes
Full Bathrooms: 2
Total Bedrooms: 6
Stories: 2
Stories: 2
Exterior Features
Fencing: Full
Waterfront: No
Construction Type: Aluminum Siding
Exterior Features: Fully Fenced, Private Yard, See Remarks
Foundation Details: Block
Garage/Parking
Parking Features: No Driveway, On Street
Utilities
Heating: Electric, Baseboard
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: 311500-109-000-0001-025-000-0000
Lot Dimensions: 33X132
Lot Size Sq Ft: 4356.0
ResoLotSizeUnits: Acres
Zoning Description: Residential 2 Unit
Rental Info
Owner Pays: Other, See Remarks
Multi Family
Number Of Units In Community: 2
Number Of Units Total: 2
Annual Gross Income: 31200.0
Annual Operating Expense: 6200.0
Number Of Separate Electric Meters: 2
Number Of Separate Gas Meters: 2
Tax Info
Tax Annual Amount: 2925.0
Tax Lot: 25
Map
Range of Values:
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Average Value
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List Price
Sold Price
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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 AssessmentTax 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.
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!
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,
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.
Great Investment! Package deal with 225 Lakeview Ave. ($179,900 for both). This fully rented multi-family has updated windows, furnace, water heater and siding. It also offers a fully fenced in, large, back yard and a nice front porch! Close to bus line, local stores and restaurants and all other amenities!
Amazing investment opportunity in this Multi-Family property!! This FOUR unit apartment complex has loyal tenants; bringing in rents at over $3500 per month. With good bones; this investment property has newer boilers, water heaters, flooring and roof.
Investor ready duplex offering strong cash flow in Syracuse’s West Side neighborhood. This well-maintained two family home features two 3 bedroom, 1 bath units. The upstairs unit has been recently updated and is leased at $1,300/month. The downstairs unit is vacant and ready for your next tenant or owner occupant. Each unit includes hardwood floors, eat-in kitchens, and their own laundry hookups.
Solid investment opportunity on Syracuse’s West Side. This two family has a lot to offer including separate utilities, good bones, and cash flow from day one. Downstairs is a 2 bed/1 bath unit rented for $1,000/month. Upstairs is a 3 bed/1 bath unit that’s vacant and ready to go. Ideal for owner occupants or investors looking to fill it quickly. Both units have eat-in kitchens, formal dining
This 1700 sq ft duplex features a charming first floor flat and a second floor flat with a similar layout. Each unit offers two bedrooms and one bathroom, and importantly, both units are separately metered for utilities. The property also includes off-street parking, which is a valuable feature in the city and especially helpful during winter snow plowing. Currently, there is one tenant in place,
Investors don't miss this opportunity! Duplex for sale just six minutes from the NYS Fairground & within walking distance to Eva's, Twin Trees, & Public Transit! Two units with 2 bedrooms & 1 bathroom each. The upstairs unit was fully renovated in 2022 with new vinyl flooring, all new sheetrock, new lighting & a complete kitchen & bathroom remodel. This unit was previously rented for
This home is located at 209 Lakeview Ave, Syracuse, NY 13204 and is currently priced at $162,900, approximately $116 per square foot. This property was built in 1900. 209 Lakeview Ave is a home located in Onondaga County with nearby schools including Frazer School, Syracuse Academy of Science Charter School, and All Saints Ele Of Tipperary Hill.
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