900 Danforth Street, Syracuse, NY 13208

Syracuse
Local realty services provided by:HUNT Real Estate ERA
900 Danforth Street,Syracuse, NY 13208
$499,900
Virtual Tour
  • 11 Beds
  • - Baths
  • 7,966 sq. ft.
  • Multi-family
  • Active
Listed by:
Office: hunt real estate era
MLS#:S1680291
Source:NY_GENRIS

Price summary

  • Price:$499,900
  • Price per sq. ft.:$62.75

About this home

Excellent opportunity to acquire an 11-unit multifamily property located at the corner of Danforth St & N Alvord St. This income-producing asset consists entirely of one-bedroom units and currently generates close to $100,000 annually in gross rental income with opportunity for much more. The owner has made significant improvements, including a new roof installed in 2025 and renovations in 9 of the 11 units. All 9 renovated units are currently occupied, providing immediate cash flow while still offering additional upside potential for investors looking to further increase value and maximize returns. There is excellent opportunity to increase monthly income by bringing all 11 units to market rent, renting the garage and driveway spaces separately, and reducing operating expenses. The building is equipped with 24/7 video surveillance cameras. A property caretaker/security manager lives on site and is an added benefit for landlords. The property is currently operating with...

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Home facts

  • Year built:1940
  • Listing ID #:S1680291
  • Added:2 day(s) ago
  • Updated:May 30, 2026 at 02:54 PM

Rooms and interior

  • Bedrooms:11
  • Flooring:Hardwood, Varies, Vinyl
  • Kitchen Description:Refrigerator
  • Basement:Yes
  • Basement Description:Full
  • Living area:7,966 sq. ft.

Heating and cooling

  • Heating:Baseboard, Electric, Gas

Structure and exterior

  • Roof:Asphalt
  • Year built:1940
  • Building area:7,966 sq. ft.
  • Lot area:0.15 Acres
  • Lot Features:Corner Lot, Near Public Transit, Rectangular
  • Exterior Features:Open, Porch
  • Levels:3 Stories

Utilities

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

Finances and disclosures

  • Price:$499,900
  • Price per sq. ft.:$62.75
  • Tax amount:$14,232

Features and amenities

  • Appliances:Refrigerator
  • Laundry features:Electric Water Heater

Parking

  • Parking description:Garage
  • Garage:Yes
  • Garage spaces:1

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