1061 Lancaster Avenue, Syracuse, NY 13210
- $449,900
- 7
- BD
- 3
- BA
- 4,130
- SqFt
- List Price
- $449,900
- Status
- ACTIVE
- MLS#
- S1702110
- Year Built
- 1920
- Stories
- 3
- Bedrooms
- 7
- Bathrooms
- 3
- Acres
- 0.12
- Living Area
- 4,130
- Subdivision
- Westminster
- Region
- Syracuse City
- Neighborhood
- Westminster
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, last rented at $800 per bedroom and delivered fully furnished. 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.
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Additional Information
- Taxes
- $8,132
- Interior Features
- 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
- Exterior Features
- Deck, Gravel Driveway
- Style
- Colonial
- School District
- Syracuse
- Water
- Connected, Public
- Sewer
- Connected
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Listing courtesy of Howard Hanna Real Estate. Contact: