514 Highland Street, Syracuse, NY 13203

Syracuse
Local realty services provided by:ERA Team VP Real Estate
514 Highland Street,Syracuse, NY 13203
$199,000
Virtual Tour
  • 4 Beds
  • 4 Baths
  • 5,037 sq. ft.
  • Multi-family
  • Active
Listed by: heather noel baldwin
Office: bell home team
MLS#:S1628986
Source:NY_GENRIS

Price summary

  • Price:$199,000
  • Price per sq. ft.:$39.51

About this home

AN EXCELLENT INVESTMENT OPPORTUNITY AWAITS ON SYRACUSE'S NORTHSIDE WITH THIS MIXED-USE PROPERTY GENEREATING IMMEDIATE CASH FLOW! Currently bringing in a total of $3,750 per month in gross income, this property offers a rare combination of residential and commercial rental streams. The ground floor features a long-standing, fully operational grocery store on a lease that runs through June 2026, providing stable, ongoing commercial income. Also on the first floor is a rented studio apartment. Upstairs, the second floor houses two additional rental units: a 3-bedroom apartment renting for $1,400/month, and a 1-bedroom apartment at $700/month. All residential tenants are on month-to-month leases, giving new ownership flexibility for rent increases or future upgrades. Whether you're expanding your portfolio or looking for a cash-flowing asset in a high-demand area, this property checks all the boxes. Delayed showings until Tuesday 8/12/25.

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Home facts

  • Year built:1900
  • Listing ID #:S1628986
  • Added:248 day(s) ago
  • Updated:April 14, 2026 at 03:05 PM

Rooms and interior

  • Bedrooms:4
  • Total bathrooms:4
  • Full bathrooms:3
  • Half bathrooms:1
  • Flooring:Varies, Vinyl
  • Basement:Yes
  • Basement Description:Full
  • Living area:5,037 sq. ft.

Heating and cooling

  • Heating:Forced Air, Gas

Structure and exterior

  • Roof:Asphalt, Shingle
  • Year built:1900
  • Building area:5,037 sq. ft.
  • Lot area:0.08 Acres
  • Lot Features:Corner Lot, Near Public Transit, Rectangular, Residential Lot
  • Architectural Style:Fourplex
  • Construction Materials:Shake Siding, Vinyl Siding
  • Exterior Features:Balcony
  • Foundation Description:Stone
  • Levels:2 Stories

Schools

  • High school:Henninger High
  • Middle school:Lincoln Middle
  • Elementary school:Other - See Remarks

Utilities

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

Finances and disclosures

  • Price:$199,000
  • Price per sq. ft.:$39.51
  • Tax amount:$3,361

Features and amenities

  • Amenities:Balcony

Parking

  • Parking description:Paved

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