$325,000
SOLD SEP 4, 2025
8 Beds
4 Baths
5,994 Sq Ft
4,356 Sq Ft Lot

Recently Sold

$54 Per Sq Ft

9 Days on Market

Highlights

  • Property is near public transit
  • Rectangular Lot
  • Carpet
  • Forced Air Heating System

About This Home

As of September 2025

Looking for an investment opportunity in the city of Syracuse? 221.5 Lakeview Ave is a turn=key 4plex that's the PERFECT starter or addition to your portfolio! Exterior includes new siding, windows & shingled roof all done within the past four years! The entire interior has been remolded with new flooring, lighting & paint throughout! Granite countertops & cabinets make the kitchens inviting! The bathrooms have new tubs, vanities & fixtures! Each apartment includes 2 bedrooms, living room & formal dining room! The basement has been dry locked making the NEW furnaces & water heaters safe with plenty of room for storage! Nothing more to do here at 221.5 Lakeview Ave! Across the street at 220 Lakeview, duplex, is also available with the same upgrades! See MLS#S1614244 for package deal with 2 unit! This property is a cash flow machine with updated rents this could be 10+ cap rate! Properties will be able available to show this Thursday & Friday to best accommodate the tenants! Delayed Showings until Thursday Open House 12PM!

Last Agent to Sell the Property

Ryan Millard

Listing by Coldwell Banker Prime Prop,Inc Brokerage Phone: 315-622-0161 License #10401320551 Listed on: 06/16/2025

Coldwell Banker Prime Prop,Inc

Last Buyer's Agent

Michael Jarvi

Listing by The O'Hara Group License #10401373657

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,499

Year Built

  • Built in 1955

Lot Details

  • 4,356 Sq Ft Lot
  • Lot Dimensions are 33x132
  • Rectangular Lot

Parking

  • Paved Parking

Home Design

  • Quadruplex
  • Block Foundation
  • Vinyl Siding
  • Copper Plumbing

Interior Spaces

  • 5,994 Sq Ft Home
  • 3-Story Property
  • Basement Fills Entire Space Under The House

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Full Bathrooms

Location

  • Property is near public transit

Utilities

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

Listing and Financial Details

  • Tenant pays for all utilities
  • Rent includes trash collection, water
  • Tax Lot 19
  • Assessor Parcel Number 311500-109-000-0001-019-000-0000

Community Details

Overview

  • 4 Units
  • Tract Smith Subdivision

Building Details

  • 4 Separate Gas Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,499

Year Built

Built in 1955

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Property Type: Residential
  • Rent Includes: Trash Collection, Water
  • Year Built: 1955
  • Attribution Contact: 315-622-0161
  • Lot Features: Near Public Transit, Rectangular, Rectangular Lot
  • Subdivision Name: Tract Smith
  • Directions: West Genesee St to Lakeview Ave
  • Architectural Style: Fourplex
  • Flooring: Carpet, Resilient, Varies, Vinyl
  • Interior Features: Other, See Remarks
  • 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: 4
  • Total Bedrooms: 8
  • Stories: 3
  • Stories: 3

Exterior Features

  • Acres: 0.1
  • Waterfront: No
  • Construction Type: Frame, Vinyl Siding, Copper Plumbing
  • Foundation Details: Block

Garage/Parking

  • Parking Features: Paved

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: 311500-109-000-0001-019-000-0000
  • Lot Dimensions: 33X132
  • Lot Size Sq Ft: 4356.0
  • ResoLotSizeUnits: Acres
  • Zoning Description: Residential Multi Use

Rental Info

  • Tenant Pays: All Utilities

Multi Family

  • Number Of Units In Community: 4
  • Number Of Units Total: 4
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4

Tax Info

  • Tax Annual Amount: 3499.0
  • Tax Lot: 19

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/04/2025 09/04/25 Sold $325,000 0.0% $54 / Sq Ft
06/25/2025 06/25/25 Pending -- -- --
06/16/2025 06/16/25 For Sale $325,000 -- $54 / Sq Ft
Source: Central New York Information Services

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Central New York Information Services

MLS Number: S1614241

Central New York Information Services