$2,850,000

508 W Brighton Ave Syracuse, NY 13205

Southside Neighborhood

Estimated payment $18,497/month

Total Views 8,349
38 Beds
-- Bath
11,088 Sq Ft
$257 Price per Sq Ft

Highlights

  • 2.48 Acre Lot
  • Forced Air Heating System
  • Wood Siding
  • Wood Flooring
  • Rectangular Lot

About This Home

Welcome to Brighton Place Townhouses — an exceptional investment opportunity to
acquire a fully occupied apartment complex featuring 38 identical 2-bedroom, 1-bath
townhome-style units. Each unit includes both front and rear entrances, a spacious
living room with hardwood floors, and a full kitchen on the main level. Upstairs, you’ll
find two bedrooms and a full bathroom.
Every unit also includes a private basement along with individual furnaces, water
heaters, and separate gas and electric meters. Tenants are responsible for their own
utilities, with the exception of water and sewer. The property offers ample parking for all
residents, plus 14 garage bays.
The complex benefits from stable occupancy, and over two-thirds of the rental income is
guaranteed through subsidies. Significant upside exists in raising rents, and a
fresh Certificate of Compliance has just been issued.

Offered at $2.85M, this investment delivers a strong 10% cap rate.

Listing Agent

Zachary Johnson

Listing by Acropolis Realty Group LLC License #10301222752 Listed on: 05/21/2025

Acropolis Realty Group LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $35,620

Year Built

  • Built in 1945

Lot Details

  • 2.48 Acre Lot
  • Lot Dimensions are 327x330
  • Rectangular Lot

Parking

  • Gravel Driveway

Home Design

  • Wood Siding

Interior Spaces

  • 38 Bedrooms
  • 11,088 Sq Ft Home
  • 2-Story Property
  • Wood Flooring
  • Basement Fills Entire Space Under The House
  • Gas Cooktop

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas
  • Gas Water Heater

Community Details

  • 38 Units

Listing and Financial Details

  • Tax Lot 10
  • Assessor Parcel Number 311500-078-000-0011-010-000-0000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$35,620

Year Built

Built in 1945

Lot Details

0

Listing Details

  • Property Sub Type: Other
  • Property Type: Multi Family
  • Rent Includes: Common Area Maintenance, Snow Removal, Water
  • Year Built: 1945
  • Lot Features: Rectangular, Rectangular Lot, Residential Lot
  • Road Frontage Type: City Street
  • Flooring: Hardwood, Varies
  • Unit Levels: Two
  • Year Built Details: Existing
  • Property Sub Type Additional: Other
  • Special Features: VirtualTour

Interior Features

  • Appliances: Gas Cooktop, Gas Water Heater, Refrigerator
  • Basement: Full
  • Basement YN: Yes
  • Total Bedrooms: 38
  • Stories: 2
  • Stories: 2

Exterior Features

  • Acres: 2.4773
  • Waterfront: No
  • Construction Type: Wood Siding
  • Exterior Features: Gravel Driveway

Garage/Parking

  • Parking Features: Three or more Spaces

Utilities

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

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Junior High Dist: Syracuse

Lot Info

  • Parcel Number: 311500-078-000-0011-010-000-0000
  • Lot Dimensions: 327X330
  • Lot Size Sq Ft: 107913.0
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units Total: 38

Tax Info

  • Tax Annual Amount: 35620.0
  • Tax Lot: 10

Map

Range of Values:

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Average Value
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List Price
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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
05/21/2025 05/21/25 For Sale $2,850,000 -- $257 / Sq Ft
Source: Central New York Information Services

Source: Central New York Information Services

MLS Number: S1608313

Central New York Information Services
New York Onondaga County Syracuse 13205 Southside

508 W Brighton Ave, Syracuse, NY

This home is located at 508 W Brighton Ave, Syracuse, NY 13205 and is currently priced at $2,850,000, approximately $257 per square foot. This property was built in 1945. 508 W Brighton Ave is a home located in Onondaga County with nearby schools including McKinley-Brighton Elementary School, Brighton Academy, and Corcoran High School.

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Zachary Johnson
Listing Agent
Zachary Johnson
Section Image
Acropolis Realty Group LLC
(680) 219-8898