BEDS7
BATHS3 full
SQUARE FEET3,274
MLS#S1687243
STATUSActive
PROPERTY TYPEMulti Unit - Multiple
SCHOOLSyracuse
Property Description
Welcome to 1008 1st North Street, Syracuse, NY - a solid income-producing 3-unit property offering immediate cash flow and future upside. This well-positioned multifamily asset features three residential units, with two currently occupied by reliable long-term tenants, providing stable rental income from day one. The occupied units generate a combined $2,750 per month in rent ($1,400 and $1,350), while the third unit is vacant and ready for a new tenant, owner-occupant, or value-add improvements to maximize returns. Long-term tenancy reflects the property's desirability and provides investors with confidence in the existing income stream. Whether you're looking to expand your rental portfolio, house hack, or add a cash-flowing asset in the growing Syracuse market, this property offers flexibility and opportunity. Conveniently located near downtown Syracuse, major employers, public transportation, shopping, and restaurants, 1008 1st North Street is positioned for both strong tenant demand and long-term investment potential. Don't miss your chance to own a multifamily property with established income, a vacant unit ready for additional revenue, and upside potential in one of Syracuse's most active rental markets.
Property Features
Property Type: Multi Unit - Multiple
Basement: Full
Heating: Gas, Forced Air
Lot Size: 0.30 Acres
Stories: 2.0
Taxes: $3,967
Year Built: 1910
Feature Descriptions
Appliances: Gas Water Heater
Days on Site: 1
Exterior: Vinyl Siding
Flooring: Other, See Remarks
Lot: Rectangular, Rectangular Lot, Residential Lot
Lot Dimensions: 66X198
Parcel#: 311500-006-000-0014-022-000-0000
Parking: Two or More Spaces
Parking Notes: Two or More Spaces
Sewer: Connected
Units: 3
Utilities: Sewer Connected, Water Connected
Water: Connected, Public
Local Schools
School District: Syracuse
Listed By / Shown By
Listing By
Agency Name: Hunt Real Estate ERA
Agency Phone: 315-699-3200
Shown By
Agency Title: Coldwell Banker Choice Properties
Agency Phone: 833-88-CHOICE (2-4642)
Estimate Your Payment
Estimated Payment
$ 934.72 per month $534.14 Principal & Interest $330.58 Property Tax $70.00 Homeowner's InsuranceChange Payment Information
Broker Headquarters, 621 Columbia St. Suite 800, Cohoes, NY 12047
Disclaimer:
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1008 1st North Street | MLS# S1687243
This multi-family property located at 1008 1st North Street, Syracuse, NY 13208 is currently listed for sale with an asking price of $240,000. 1st North Street is located within the Syracuse school district. Search Syracuse real estate on www.coldwellbankerchoice.com today.