406 Park Avenue, Syracuse, NY 13204
Local realty services provided by:ERA Team VP Real Estate
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!
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 is located at 406 N Geddes St and Park Ave (corner of Park Ave and Geddes St)...
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Home facts
- Year built:1940
- Subdivision & Development:Smiley
- Listing ID #:S1697906
- Added:55 day(s) ago
- Updated:September 05, 2026 at 11:42 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
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