854 856 Lancaster Avenue
Syracuse, NY 13210
- 11 beds
- 4 baths
- 3,186 sqft
- 10,576 sqft lot
- $184 per sqft
- 1915 build
- – on site
Turnkey University Rental Property – Prime Investment Opportunity! Discover the perfect addition to your real estate portfolio with this exceptional 3-unit university rental property. Whether you’re an experienced investor or a first-time buyer, this fully rented, income-generating property offers immediate cash flow in one of the strongest rental markets in the area. This unique investment includes two units in the main front building and a standalone former carriage house, providing diverse rental options for tenants. Thoughtfully upgraded throughout. Fully rented – Stable income from day one. Turnkey investment – No immediate renovations needed Major upgrades completed – Including brand-new drains and sewer lines Ample parking – A rare and valuable feature for tenants Highly desirable location – Consistently strong rental demand With significant income potential and a compelling success story, this property is a smart choice. Opportunities like this don’t last long! Schedule a showing today and see for yourself why this is the perfect investment.
Last checked:
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Last updated Mar 16, 2025
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MLS# S1590685 —
The Building
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Year Built:1915
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Year Built Details:Existing
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Construction Materials:Other,SeeRemarks,CopperPlumbing
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Roof:Asphalt,Shingle
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Basement:Full
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Basement:true
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Levels:Two
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Building Area Total:3186.0
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Building Area Source:PublicRecords
Interior
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Flooring:Hardwood,Laminate,Varies
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Fireplace:false
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Stories:2
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Stories Total:2
Room Dimensions
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Living Area:3,186 Sqft
Financial & Terms
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Rent Includes:TrashCollection
The Property
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Property Type:Residential
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Property Subtype:MultiFamily
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Property Condition:Resale
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Parcel Number:311500-052-000-0005-016-000-0000
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Lot Features:NearPublicTransit,Rectangular,ResidentialLot
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Lot Size Dimensions:80X132
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Lot Size Acres:0.2428
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Lot Size SqFt:10576.0
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Lot Size Area:0.2428
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Lot Size Units:Acres
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Waterfront:false
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Road Frontage Type:CityStreet
Listing Agent
- Contact info:
- Agent phone:
- (315) 422-0709
- Office phone:
- (315) 422-0709
Taxes
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Tax Lot:16
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Tax Annual Amount:12947.0
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Tax Assessed Value:300000
Beds
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Bedrooms Total:11
Baths
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Total Baths:4
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Full Baths:4
The Listing
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Virtual Tour URL Branded:https://www.propertypanorama.com/instaview-tour/syr/S1590685
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Virtual Tour URL Unbranded:https://www.propertypanorama.com/instaview/syr/S1590685
Heating & Cooling
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Heating:Gas,ForcedAir
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Heating:true
Utilities
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Utilities:CableAvailable,SewerConnected,WaterConnected
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Electric:CircuitBreakers
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Sewer:Connected
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Water Source:Connected,Public
Appliances
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Appliances:GasWaterHeater
Schools
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Elementary School District:Syracuse
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Middle Or Junior School District:Syracuse
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High School District:Syracuse
The Community
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Subdivision Name:Westminster
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Senior Community:false
Parking
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Garage:true
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Garage Spaces:2.0
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Parking Features:Paved,TwoOrMoreSpaces
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
3/16/25
Mar 16, 2025
|
Sold Subject To Contingencies | NYSAMLS | $589,000 | |
|
2/28/25
Feb 28, 2025
|
Listed / Active | NYSAMLS | $589,000 | |
|
11/15/24
Nov 15, 2024
|
Sold Subject To Contingencies | NYSAMLS |
