406 Park Avenue, Syracuse, NY 13204

Syracuse
Local realty services provided by:ERA Team VP Real Estate
406 Park Avenue,Syracuse, NY 13204
$300,000
Virtual Tour
  • 5 Beds
  • - Baths
  • 4,655 sq. ft.
  • Multi-family
  • Active
Listed by: sarah oot
Office: brick and linen llc.
MLS#:S1697906
Source:NY_GENRIS

Price summary

  • Price:$300,000
  • Price per sq. ft.:$64.45

About this home

Investment Opportunity! Back on the market due to buyer default. This 5-unit apartment building offers an excellent opportunity for investors seeking immediate rental income with room to add value over time. The property features five spacious 1 bedroom apartments, each with hardwood floors, and is occupied by long-term tenants, providing steady cash flow from day one. Conveniently located in a desirable area with easy access to major highways, public transportation, shopping, and everyday amenities, this property continues to attract and retain tenants. Major infrastructure improvements have already been completed, including a new sewer line and new water line, reducing future maintenance concerns. While there is opportunity for cosmetic updates and continued improvements, the property is already producing income, making it an ideal investment for buyers looking to generate cash flow while building long-term equity. Please note the MLS address is incomplete. The property...

Contact an agent

contact an agent

Yes, I would like more information. Please use and/or share my information with an ERA®  affiliated agent to contact me about my real estate needs. By clicking Send message, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If an ERA®  affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE® , CENTURY 21® , Coldwell Banker® , Corcoran® , Sotheby's International Realty® ). I acknowledge that I have read and agree to theTerms of useandPrivacy notice

Home facts

  • Year built:1940
  • Subdivision & Development:Smiley
  • Listing ID #:S1697906
  • Added:108 day(s) ago
  • Updated:October 27, 2026 at 11:49 PM

Rooms and interior

  • Bedrooms:5
  • Flooring:Hardwood, Laminate, Varies
  • Kitchen Description:Refrigerator
  • Basement:Yes
  • Basement Description:Full, Sump Pump, Walk Out Access
  • Living area:4,655 sq. ft.

Heating and cooling

  • Heating:Hot Water

Structure and exterior

  • Roof:Asphalt
  • Year built:1940
  • Building area:4,655 sq. ft.
  • Lot area:0.21 Acres
  • Lot Features:Corner Lot, Rectangular
  • Construction Materials:Block, Concrete, Copper Plumbing
  • Levels:3 Stories

Utilities

  • Water:Connected, Public, Water Connected
  • Sewer:Connected, Sewer Connected

Finances and disclosures

  • Price:$300,000
  • Price per sq. ft.:$64.45
  • Tax amount:$6,051

Features and amenities

  • Appliances:Gas Range, Refrigerator
  • Laundry features:Common Area

Parking

  • Parking description:No Garage

New listings near 406 Park Avenue