Reset

Price $299,900

318 East Division Street, Syracuse, New York 13208, Syracuse, New York 13208

  • Bedrooms : 4
  • Square Footage : 6,366 Sqft
  • Visits : 5 in 17 days
$299,900
Features
Heating System :
Electric, Gas, Baseboard, Forced Air
Basement :
Full
Appliances :
Gas Water Heater, See Remarks
Community Features :
Other, See Remarks
Parking Features :
No Garage, None, No Driveway
Pool Expense : $0
Roof :
Other, See Remarks
Sewer :
Connected
Address Map
State :
NY
County :
Onondaga
City :
Syracuse
Zipcode :
13208
Street : 318 East Division Street, Syracuse, New York 13208
Floor Number : 0
Longitude : W77° 50' 53.2''
Latitude : N43° 3' 38.8''
MLS Addon
Office Name : Acropolis Realty Group LLC
Association Fee : $0
Bathrooms Total : 0
Building Area : 6,366 Sqft
CableTv Expense : $0
Construction Materials :
Brick
DOM : 23
Electric Expense : $0
Flooring :
Hardwood, Laminate, Varies, Vinyl
Internet Address Display : 1
Internet Listing Display : 1
SyndicateTo : Realtor.com
Listing Terms : Cash, Conventional
Lot Features :
Rectangular, Residential Lot, Rectangular Lot
LotSize Dimensions : 33X99
Maintenance Expense : $0
Parcel Number : 311500-008-000-0011-004-000-0000
Special Listing Conditions :
Standard
Stories Total : 2
Utilities :
Sewer Connected, Water Connected
Virtual Tour : Click Here
Property Description

Prime Investment Opportunity – 5-Unit Mixed-Use Property

This 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 tenant

This property is perfect for investors seeking stable income with room to increase returns. Don’t miss out on this versatile and income-generating asset!

Basic Details
Property Type : Multi Family
Listing Type : Closed
Listing ID : S1589939
Price : $299,900
Bedrooms : 4
Square Footage : 6,366 Sqft
Year Built : 1940
Lot Area : 3,267 Sqft
Status : Closed
Property Sub Type : Commercial
Agent info
Mortgage Calculator
$
$ %
years
%
$ %per year
$ %per year

$
Contact Agent

The reCAPTCHA verification period has expired. Please reload the page.