1061 Lancaster Avenue, Syracuse, NY 13210
Local realty services provided by:Team VP Real Estate
Listed by: nicholas sinay
Office: howard hanna real estate
MLS#:S1677559
Source:NY_GENRIS
Price summary
- Price:$489,900
- Price per sq. ft.:$118.62
About this home
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.
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Home facts
- Year built:1920
- Listing ID #:S1677559
- Added:49 day(s) ago
- Updated:June 18, 2026 at 02:43 PM
Rooms and interior
- Bedrooms:7
- Total bathrooms:3
- Full bathrooms:3
- Rooms Total:14
- Flooring:Hardwood, Varies
- Dining Description:Separate Formal Dining Room
- Kitchen Description:Dishwasher, Refrigerator
- Basement:Yes
- Basement Description:Full, Walk Out Access
- Living area:4,130 sq. ft.
Heating and cooling
- Heating:Forced Air, Gas
Structure and exterior
- Roof:Shingle
- Year built:1920
- Building area:4,130 sq. ft.
- Lot area:0.12 Acres
- Lot Features:Rectangular, Residential Lot
- Architectural Style:Colonial
- Exterior Features:Deck, Porch
- Foundation Description:Stone
- Levels:3 Stories
Utilities
- Water:Connected, Public, Water Connected
- Sewer:Connected, Sewer Connected
Finances and disclosures
- Price:$489,900
- Price per sq. ft.:$118.62
- Tax amount:$8,132
Features and amenities
- Appliances:Dishwasher, Dryer, Gas Range, Refrigerator, Washer
- Laundry features:Dryer, In Basement, Washer
- Amenities:Deck, int_feat_Attic
Parking
- Parking description:No Garage
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