1061 Lancaster Avenue, Syracuse, NY 13210

New - 30 Hours Ago

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Property Description

Strong addition to any student housing portfolio just a short walk to Syracuse University Campus. This 4,000+ sq ft property offers 7 bedrooms and 2 full baths, currently rented at $800 per bedroom and delivered fully furnished for a true turnkey opportunity. The home features updated kitchens w new appliances and baths, fresh paint interior/exterior, natural hardwood floors, original woodwork, and a striking double-sided staircase that adds character. Additional highlights include private off-street parking, deck off the back, an oversized driveway accommodating 6+ vehicles, and a walkout lower level with laundry. The finished third floor includes a second kitchen, full bath and 3 bedrooms, offering flexibility for an owner's suite or the potential to expand to a 10-bedroom layout-significantly increasing rental income. Immediate cash flow with upside potential-don't miss this high-performing investment opportunity.

1061 Lancaster Avenue | MLS# S1677559

This single family home located at 1061 Lancaster Avenue, Syracuse, NY 13210 is currently listed for sale with an asking price of $489,900. This property was built in 1920 and has 7 bedrooms and 3 full baths with 4130 sq. ft. Lancaster Avenue is located in the Westminster subdivision within the Syracuse school district. Search Westminster real estate on www.timberlandproperties.com today.

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Property Features

Property Type: Residential - Single Family
Basement: Full, Walk-Out Access
Heating: Gas, Forced Air
Home Style: Colonial
Lot Size: 0.12 Acres
Roof Type: Shingle
Stories: 3.0
Taxes: $8,132
Year Built: 1920

Amenities

Attic
Ceiling Fan(s)
Cathedral Ceiling(s)
Separate/Formal Dining Room
Entrance Foyer
Eat-in Kitchen
Separate/Formal Living Room
Granite Counters
Natural Woodwork
Bedroom on Main Level
Deck
Gravel Driveway

Feature Descriptions

Appliances: Dryer, Dishwasher, Gas Oven, Gas Range, Gas Water Heater, Refrigerator, Washer
Days on Site: 1
Exterior: Aluminum Siding
Flooring: Hardwood, Varies
Laundry: In Basement
Lot: Rectangular, Rectangular Lot, Residential Lot
Lot Dimensions: 38X132
Parcel#: 311500-052-000-0019-020-000-0000
Parking: No Garage
Parking Notes: No Garage
Patio/Porch: Covered, Deck, Porch
Sewer: Connected
Utilities: Cable Available, High Speed Internet Available, Sewer Connected, Water Connected
Water: Connected, Public

Local Schools

School District: Syracuse

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Estimated Payment

$ 1,910.86 per month $1,090.31 Principal & Interest $677.67 Property Tax $142.89 Homeowner's Insurance

Change Payment Information

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years/fixed
yearly
yearly (est.)
(Payments are an estimate and may vary by lender)

Demographics

Listed By / Shown By

Listing By

Agency Name: Howard Hanna Real Estate
Agency Phone: 315-685-0111

Shown By

Agency Title: Timberland Properties
Agency Phone: 845-586-3321

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