323 Herkimer Street, Unit 25, Syracuse, NY 13204

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Property Description

Turnkey investment opportunity in Syracuse's highly desirable Tipp Hill neighborhood! This side by side duplex offers two spacious 4 bed, 1 bath units, each with a large living room, formal dining room, kitchen, and full basement. One unit is leased at $1,550/month plus utilities, while the renovated vacant unit offers immediate lease-up potential at a market rent of $2,100/month, allowing investors to maximize income from day one. Recent capital improvements include a new architectural roof (2026) with transferable warranty, fresh exterior paint, new stone fa?ade. Vinyl replacement windows. Separate utilities. Two furnaces, 2 hot water tanks, two 100-amp electrical panels, 2 laundry hook ups.. The vacant unit has been renovated with fresh paint, premium 22mm luxury vinyl plank flooring, updated appliances w/ a new stainless steel gas range. Situated on a corner lot adjacent to a park and just minutes from Downtown Syracuse, Coleman's, The Blarney Stone, Brooklyn Pickle, and other Tipp Hill amenities, this low-maintenance asset offers strong in-place income, immediate upside through lease-up, and excellent longterm appreciation potential. A rare opportunity to add a quality cash-flowing property to your portfolio!

323 Herkimer Street, Unit 25 | MLS# S1694890

This multi-family property located at 323 Herkimer Street, Unit 25, Syracuse, NY 13204 is currently listed for sale with an asking price of $249,900. Herkimer Street, Unit 25 is located within the Syracuse school district. Search Syracuse real estate on www.timberlandproperties.com today.

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Property Features

Property Type: Multi Unit - Multiple
Basement: Full
Heating: Gas, Forced Air
Home Style: Duplex
Lot Size: 0.08 Acres
Roof Type: Asphalt, Architectural, Shingle
Stories: 2.0
Taxes: $5,588
Year Built: 1930

Amenities

Natural Woodwork
Programmable Thermostat
Enclosed Porch
Porch

Feature Descriptions

Appliances: Gas Water Heater
Days on Site: 4
Exterior: Composite Siding, Frame, Copper Plumbing, PEX Plumbin
Flooring: Laminate, Luxury Vinyl, Other, See Remarks, Varies
Laundry: Washer Hookup
Lot: Corner Lot, Other, Near Public Transit, Rectangular, Rectangular Lot, Residential Lot, See Remarks
Lot Dimensions: 50X67
Parcel#: 311500-112-000-0023-001-000-0000
Parking: No Driveway, On Street
Parking Notes: No Driveway, On Street
Sewer: Connected
Units: 2
Utilities: Cable Available, Electricity Connected, High Speed Internet Available, Sewer Connected, Water Connected
Water: Connected, Public
Window: Thermal Windows

Local Schools

School District: Syracuse

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Estimated Payment

$ 1,094.72 per month $556.17 Principal & Interest $465.67 Property Tax $72.89 Homeowner's Insurance

Change Payment Information

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

Demographics

Listed By / Shown By

Listing By

Agency Name: Acropolis Realty Group LLC
Agency Phone: 315-396-0493

Shown By

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

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