406 Park Avenue, Syracuse, NY 13204
Local realty services provided by:HUNT Real Estate ERA
Listed by: sarah oot
Office: brick and linen llc.
MLS#:S1697906
Source:NY_GENRIS
Price summary
- Price:$350,000
- Price per sq. ft.:$75.19
About this home
Investment Opportunity!
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.
Contact an agent
Home facts
- Year built:1940
- Listing ID #:S1697906
- Added:9 day(s) ago
- Updated:July 21, 2026 at 03:01 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:$350,000
- Price per sq. ft.:$75.19
- 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
- New
$200,000Active3 beds 1 baths1,080 sq. ft.1101 Cumberland Ave, Syracuse, NY 13210
MLS# S1698357Listed by: COLDWELL BANKER PRIME PROP,INC - New
$239,900Active3 beds 1 baths1,276 sq. ft.205 Windemere Road, Syracuse, NY 13219
MLS# S1698085Listed by: BERKSHIRE HATHAWAY HOMESERVICES HERITAGE REALTY - New
$189,900Active4 beds 2 baths1,620 sq. ft.123 Stinard Avenue, Syracuse, NY 13207
MLS# B1700161Listed by: THE GREENE REALTY GROUP - New
$189,900Active3 beds 2 baths1,316 sq. ft.1038 Sunnycrest Road, Syracuse, NY 13206
MLS# S1700064Listed by: COLDWELL BANKER PRIME PROP,INC - New
$255,000Active6 beds 2 baths2,498 sq. ft.2410 E Genesee Street #12, Syracuse, NY 13210
MLS# S1699578Listed by: BERKSHIRE HATHAWAY CNY REALTY - New
$259,900Active3 beds 3 baths1,540 sq. ft.6189 Ridgecrest Dr, Syracuse, NY 13212
MLS# S1699842Listed by: RE/MAX MASTERS - New
$249,900Active4 beds 2 baths1,254 sq. ft.430 Maple Street, Syracuse, NY 13210
MLS# S1699563Listed by: CNY BROKER LLC - New
$222,900Active2 beds 1 baths936 sq. ft.211 Mohawk Drive, Syracuse, NY 13211
MLS# S1699863Listed by: INQUIRE REALTY - New
$49,900Active4 beds 1 baths1,008 sq. ft.132 Hoefler Street, Syracuse, NY 13204
MLS# B1699552Listed by: THE GREENE REALTY GROUP - New
$149,000Active4 beds 1 baths1,293 sq. ft.114 Vann Street, Syracuse, NY 13206
MLS# S1699874Listed by: HOWARD HANNA REAL ESTATE