125 Kensington & Lancaster Road, Syracuse, NY 13210
Local realty services provided by:HUNT Real Estate ERA
Listed by: samantha dougherty
Office: nexthome cny realty
MLS#:S1679901
Source:NY_GENRIS
Price summary
- Price:$324,800
- Price per sq. ft.:$150.79
About this home
University area gem! This high-performing corner-unit multifamily spans three stories, each with a dedicated private entrance, generating $3,600/month in combined rental income across two fully leased units. The ground-floor 1BD/1BA is leased at $1,400/month through July 2027, and the 4BD/1BA upper unit commands $2,200/month — with lease renewal discussions actively underway (2 out of 4 rooms are leased through July 2027). Square footage is increased by 700 sq ft as the City of Syracuse approved a 4th bedroom and living room with sprinkler system on the 3rd floor as additional living space. Both units feature a renovated bathroom, 2 dedicated parking spaces in the backyard, and ample natural light throughout.
Location simply doesn’t get better for student and professional rentals — the Centro Bus Station sits directly in front of the property, with buses running every 10 minutes. Pair that with proximity to Syracuse University, major hospitals, downtown dining, shopping, parks, and you have a property that practically rents itself.
Whether you’re expanding your portfolio or house-hacking your way to financial independence, this versatile, character-rich property delivers exceptional value, reliable income, and serious upside in one of Syracuse’s most in-demand rental corridors....
Contact an agent
Home facts
- Year built:1915
- Listing ID #:S1679901
- Added:1 day(s) ago
- Updated:May 20, 2026 at 12:46 AM
Rooms and interior
- Bedrooms:5
- Total bathrooms:2
- Full bathrooms:2
- Flooring:Laminate, Resilient, Varies, Vinyl
- Basement:Yes
- Basement Description:Full
- Living area:2,154 sq. ft.
Heating and cooling
- Heating:Forced Air, Gas
Structure and exterior
- Roof:Shingle
- Year built:1915
- Building area:2,154 sq. ft.
- Lot area:0.12 Acres
- Lot Features:Corner Lot, Rectangular, Residential Lot
- Architectural Style:Duplex
- Construction Materials:Vinyl Siding, Wood Siding
- Exterior Features:Balcony, Deck
- Foundation Description:Block
- Levels:3 Stories
Utilities
- Water:Connected, Public, Water Connected
- Sewer:Connected, Sewer Connected
Finances and disclosures
- Price:$324,800
- Price per sq. ft.:$150.79
- Tax amount:$7,491
Features and amenities
- Laundry features:Common Area
- Amenities:Balcony, Deck, int_feat_Attic
Parking
- Parking description:Gravel Driveway
New listings near 125 Kensington & Lancaster Road
- New
$79,900Active4 beds 1 baths1,664 sq. ft.2009 S Salina Street, Syracuse, NY 13205
MLS# S1681668Listed by: INFISIUM PROPERTIES LLC - New
$229,000Active5 beds 2 baths1,556 sq. ft.220 Roxann Avenue, Syracuse, NY 13212
MLS# S1683031Listed by: SKINNER & ASSOC. REALTY LLC - New
Listed by ERA$345,000Active6 beds 2 baths2,961 sq. ft.1016 Lancaster Avenue #18, Syracuse, NY 13210
MLS# S1682652Listed by: HUNT REAL ESTATE ERA - New
$284,900Active2 beds 2 baths1,476 sq. ft.183 Timber Wolf Circle, Syracuse, NY 13209
MLS# S1682549Listed by: HOWARD HANNA REAL ESTATE - New
$399,900Active4 beds 3 baths1,888 sq. ft.3907 Stetson Circle, Syracuse, NY 13215
MLS# S1682886Listed by: HOWARD HANNA REAL ESTATE - New
$76,923Active4 beds 2 baths2,662 sq. ft.417 Delaware Street #19, Syracuse, NY 13204
MLS# S1682910Listed by: BRZOSTEK'S REAL ESTATE - New
$190,000Active6 beds 2 baths2,496 sq. ft.317 S Midler Avenue S, Syracuse, NY 13206
MLS# S1682769Listed by: KELLER WILLIAMS SYRACUSE - New
$159,900Active3 beds 2 baths1,846 sq. ft.2216 South Avenue, Syracuse, NY 13207
MLS# S1682780Listed by: GILBO REALTY LLC - New
$169,900Active6 beds 3 baths2,925 sq. ft.1506 Lodi Street, Syracuse, NY 13208
MLS# S1680376Listed by: WEICHERT, REALTORS-TBG