Prime Investment Opportunity – 5-Unit Mixed-Use PropertyThis well-maintained 5-unit mixed-use building presents an excellent investment opportunity with strong rental income and upside potential. The property consists of four occupied residential units and one vacant commercial storefront, offering a diverse income stream.Key Features:• Strong Cash Flow – Currently grossing $5,332 per month, with the potential to reach the mid-$6,000s once the commercial space is leased.• Reliable Tenancy – A majority of the residential rent is subsidized, ensuring consistent and secure rental payments.• Separate Utilities – Individually metered gas and electric, minimizing landlord expenses.• Opportunity for Growth – The vacant storefront provides the chance to add value with a new tenantThis property is perfect for investors seeking stable income with room to increase returns. Don’t miss out on this versatile and income-generating asset!
Last Agent to Sell the Property
Listing by Acropolis Realty Group LLC License #10301222752 Listed on: 02/25/2025
Last Buyer's Agent
Listing by Acropolis Realty Group LLC License #10301222752 Listed on: 02/25/2025
$225,000
Looking for an investment opportunity in the city of Syracuse? 220 Lakeview Ave is a turn=key duplex that's the PERFECT starter or addition to your portfolio! This property includes a parking lot for convenient tenant parking! Exterior includes new siding, windows & metal roof all done within the past four years! The entire interior has been remolded with new flooring, lighting & paint
Ryan Millard Coldwell Banker Prime Prop,Inc
$250,000
Location, location, location! This two family home with full basement and off street parking is incredibly convenient to shopping, schools and public transportation. Located in the highly desirable Eastwood area, you don't want to miss this home. The upstairs apartment features 4 bedrooms, a bright sunny living room with 3 season enclosed porch and an eat in kitchen. The first floor apartment is
Stacey Kelso-O'Connor Howard Hanna Real Estate
$249,900
RARE OPPORTUNITY TO PURCHASE A 2 FAMILY HOME ON CODY AVE IN TIPP HILL. LONG TERM TENANTS. BOTH UNITS ARE 2 BEDROOMS, LIVING ROOM, DINING ROOM, MODERN KITCHENS AND BATHROMS, OFF STREET PARK. SELLER REQUESTS THAT ALL SHOWINGS SHOULD TAKE PLACE ON MONDAY JUNE 2ND FROM 3:00PM - 6:00PM SO AS NOT TO INCONVENIENCE THE TENANTS. OFFER DEADLINE SET FOR NOON FRIDAY JUNE 6TH.
Adrian Nugent Berkshire Hathaway CNY Realty
$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
$299,000
Welcome to 112 McCallister Avenue, a completely renovated 2-family home offering 2,862 square feet of living space, featuring two 3-bedroom, 1-bathroom apartments with large bedrooms, spacious living rooms, and bright, modern layouts. Each unit has been thoughtfully updated for today’s lifestyle, offering turn-key appeal for both investors and owner-occupants. One unit is currently rented,
Karen Whalen Keller Williams Syracuse
$210,000
Fantastic opportunity for someone looking to add value. Currently 6 units with an option for a 7th commercial space. 5 apartments and 1 store front currently priced at 35k per door to sell. There was a recent fire that mainly effected the top floor apartment that will need a full renovation. The remaining units are still intact. Building is being sold "AS IS".
Mark Bellucci Acropolis Realty Group LLC
$239,900
Fully vacant 4-unit apartment building. All units are 1 bedroom/1 bathroom. All are separately metered for gas/electric and are on electric baseboard heat. Great opportunity to come in and choose the tenants you rent to.
Dante Belmonte Hunt Real Estate ERA
$339,900
6 unit building on the Northside. Composed of four two-bedroom units and two one-bedroom units. Approximately $66,000 gross scheduled annual income at market rents. All separate utilities. tenants pay their own heating, electric and gas costs. Off street parking. Conveniently located close to schools, business, medical, shopping and public transportation.
Richard Morose Syracuse Realty Group
$222,500
Great 2-family home located in the northside of the city. Home offers several upgrades including newer vinyl windows, siding and architectural shingle roof. Apartments are spacious including dining and living rooms. Each apartment offers an in-unit laundry rooms. The property offers a wider lot with a newer asphalt driveway. Conveniently located and close to hospitals and grocery stores- Come see
Giuseppe Zavaglia Howard Hanna Real Estate
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $285,000 | -- | |
| Warranty Deed | $245,000 | None Available | |
| Warranty Deed | $125,000 | -- | |
| Warranty Deed | $125,000 | -- | |
| Deed | $115,000 | -- | |
| Deed | $115,000 | -- | |
| Deed | -- | Warren Wolfson | |
| Deed | -- | Warren Wolfson | |
| Deed | $50,000 | -- | |
| Deed | $50,000 | -- |
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $400,000 | New Conventional | |
| Previous Owner | $196,000 | Purchase Money Mortgage | |
| Previous Owner | $93,750 | Stand Alone Refi Refinance Of Original Loan | |
| Previous Owner | $93,750 | Stand Alone Refi Refinance Of Original Loan |
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/17/2025 06/17/25 | Sold | $285,000 | -5.0% | $45 / Sq Ft |
| 05/02/2025 05/02/25 | Pending | -- | -- | -- |
| 02/25/2025 02/25/25 | For Sale | $299,900 | +22.4% | $47 / Sq Ft |
| 12/21/2022 12/21/22 | Sold | $245,000 | 0.0% | $38 / Sq Ft |
| 10/06/2022 10/06/22 | Pending | -- | -- | -- |
| 10/03/2022 10/03/22 | For Sale | $245,000 | 0.0% | $38 / Sq Ft |
| 05/03/2022 05/03/22 | Pending | -- | -- | -- |
| 04/25/2022 04/25/22 | For Sale | $245,000 | +96.0% | $38 / Sq Ft |
| 10/30/2019 10/30/19 | Sold | $125,000 | 0.0% | $20 / Sq Ft |
| 06/26/2019 06/26/19 | For Sale | $125,000 | 0.0% | $20 / Sq Ft |
| 06/23/2019 06/23/19 | Pending | -- | -- | -- |
| 06/18/2019 06/18/19 | For Sale | $125,000 | -- | $20 / 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 | -- | $90,000 | $9,800 | $80,200 |
| 2023 | $3,138 | $90,000 | $9,800 | $80,200 |
| 2022 | $3,230 | $90,000 | $9,800 | $80,200 |
| 2021 | $3,230 | $90,000 | $9,800 | $80,200 |
| 2020 | $3,256 | $90,000 | $9,800 | $80,200 |
| 2019 | $4,178 | $90,000 | $9,800 | $80,200 |
| 2018 | $3,222 | $90,000 | $9,800 | $80,200 |
| 2017 | $1,612 | $90,000 | $9,800 | $80,200 |
| 2016 | $1,622 | $90,000 | $9,800 | $80,200 |
| 2015 | -- | $90,000 | $9,800 | $80,200 |
| 2014 | -- | $90,000 | $9,800 | $80,200 |
Seller's Agent in 2025
Zachary Johnson
Acropolis Realty Group LLC
(315) 380-2926
57 in this area
214 Total Sales
Seller's Agent in 2019
Laurie Burlingame
Hunt Real Estate
(315) 935-1338
31 in this area
54 Total Sales
Buyer's Agent in 2019
Frank Procopio
Hunt Real Estate
(315) 928-5394
26 in this area
139 Total Sales
Source: Central New York Information Services
MLS Number: S1589939
APN: 311500-008-000-0011-004-000-0000
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