514 Highland Street, Syracuse, NY 13203
Local realty services provided by:ERA Team VP Real Estate
Listed by:heather noel baldwin
Office:bell home team
MLS#:S1628986
Source:NY_GENRIS
Price summary
- Price:$249,900
- Price per sq. ft.:$49.61
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:47 day(s) ago
- Updated:September 07, 2025 at 02:52 PM
Rooms and interior
- Bedrooms:4
- Total bathrooms:4
- Full bathrooms:3
- Half bathrooms:1
- 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
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:$249,900
- Price per sq. ft.:$49.61
- Tax amount:$3,361
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