125 Kensington & Lancaster Road, Syracuse, NY 13210

Local realty services provided by:HUNT Real Estate ERA
125 Kensington & Lancaster Road,Syracuse, NY 13210
$324,800
  • 5 Beds
  • 2 Baths
  • 2,154 sq. ft.
  • Multi-family
  • Active
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,...

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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