514 Highland St Syracuse, NY 13203
Northside NeighborhoodEstimated payment $1,355/month
Highlights
- Property is near public transit
- Balcony
- High Speed Internet
- Corner Lot
- Forced Air Heating System
- 2-minute walk to Highland Park
About This Home
AN EXCELLENT INVESTMENT OPPORTUNITY AWAITS ON SYRACUSE'S NORTHSIDE WITH THIS MIXED-USE PROPERTY GENEREATING IMMEDIATE CASH FLOW! Currently bringing in a total of $3,750 per month in gross income, this property offers a rare combination of residential and commercial rental streams. The ground floor features a long-standing, fully operational grocery store on a lease that runs through June 2026, providing stable, ongoing commercial income. Also on the first floor is a rented studio apartment. Upstairs, the second floor houses two additional rental units: a 3-bedroom apartment renting for $1,400/month, and a 1-bedroom apartment at $700/month. All residential tenants are on month-to-month leases, giving new ownership flexibility for rent increases or future upgrades. Whether you're expanding your portfolio or looking for a cash-flowing asset in a high-demand area, this property checks all the boxes. Delayed showings until Tuesday 8/12/25.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $3,361
Year Built
- Built in 1900
Lot Details
- 3,300 Sq Ft Lot
- Lot Dimensions are 33x100
- Corner Lot
- Rectangular Lot
Parking
- Paved Parking
Home Design
- Quadruplex
- Mixed Use
- Stone Foundation
- Aluminum Siding
- Shake Siding
- Vinyl Siding
Interior Spaces
- 5,037 Sq Ft Home
- 2-Story Property
- Vinyl Flooring
- Basement Fills Entire Space Under The House
Bedrooms and Bathrooms
- 4 Bedrooms
Schools
- Lincoln Middle School
- Henninger High School
Utilities
- Forced Air Heating System
- Heating System Uses Gas
- Gas Water Heater
- High Speed Internet
- Cable TV Available
Additional Features
- Balcony
- Property is near public transit
Listing and Financial Details
- Rent includes water
- Tax Lot 16
- Assessor Parcel Number 311500-016-000-0011-016-000-0000
Community Details
Overview
- 4 Units
- City/Syracuse Subdivision
Building Details
- 4 Separate Gas Meters
Map
Home Values in the Area
Average Home Value in this Area
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 01/16/2026 01/16/26 | Price Changed | $199,000 | -9.5% | $40 / Sq Ft |
| 11/19/2025 11/19/25 | Price Changed | $219,900 | -8.3% | $44 / Sq Ft |
| 10/16/2025 10/16/25 | Price Changed | $239,900 | -4.0% | $48 / Sq Ft |
| 08/08/2025 08/08/25 | For Sale | $249,900 | -- | $50 / Sq Ft |
Source: Central New York Information Services
MLS Number: S1628986
APN: 311500-016-000-0011-016-000-0000
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