416-22 Boston St Syracuse, NY 13206
Property details
About 416-22 Boston St
Incredible 10-unit investment opportunity with strong rental income and major recent updates! This well-maintained property features a 2-year-old roof, newer furnaces and hot water tanks, plus a new driveway and retaining wall completed within the past year. Most units have been updated. 9 out of 10 units are fully rented, generating solid monthly income. The one current vacancy is being fully renovated—projected gross income around $129,300 annually once fully occupied. There is additional upside with room to increase rents to current market rates over time. The property also features coin-operated laundry and tenant storage units for added income. With major improvements already completed and a projected cap rate over 5% when fully rented, this is a true plug-and-play investment for any portfolio. Don’t miss your chance to secure this high-performing asset!
Highlights
Virtual tour
Summary
- Appliances: Electric Oven, Electric Range, Gas Water Heater, Refrigerator
- Basement: Yes
- Flooring Type: Varies, Vinyl
- Total Bedroom Count: 10
- Parking: One Space, Driveway, No Garage, Shared Driveway
- Exterior: Blacktop Driveway
- Heating: Natural Gas, Forced Air
- List Price: $1,399,000
- Price/SqFt: $297
- Lot: Near Public Transit, Rectangular Lot
- Year Built: 1955
- Stories: 3
- Living Area: 4,704 SqFt
- Lot Size: 0.2 Acres
- MLS Number: S1594889
- MLS Name: NYS
- Office Name: Hunt Real Estate ERA
- Office Phone: (315) 622-5757
- Listing Agent: Alicia McMahon
The data relating to real estate on this website comes in part from the Internet Data Exchange (IDX) Program of NYSAMLS’s. Real estate listings held by other firms are marked with theListing Broker’s Firm Name. Data provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties that consumers may be interested in purchasing. All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither the listing broker(s) nor this firm shall be responsible for any typographical errors, misinformation, misprints, and shall be held totally
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Last updated on: 5/2/2025, 10:20:50 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$1,399,000
416-22 Boston St
$10,000
closing credit¹
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Price information
Property sales
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Tax history
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Nearby schools
4
East Syracuse Elementary School
Public District KG-5
0.9 mi
•230 Kinne St
4
Salem Hyde Elementary School
Public District PK-5
1.9 mi
•450 Durston Ave
4
Dr. Weeks Elementary School
Public District PK-5
2.2 mi
•710 Hawley Ave
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $36,286. The most common annual income of people living in Syracuse, NY is less than $<35k. Most families are single, no kids. Residents of this area typically have post secondary degree education.
How much money do the neighbors make?
What level of education do the neighbors have?
What types of families live nearby?
Are the neighbors home owners or renters?
How old are people in this area?
What do the neighbors do for fun?
Horse Races
Extreme Sports
NHRA Drag Racing
Where do the neighbors shop?
Stein Mart
Sam's Club
Big Lots
Where do the neighbors go to eat?
LongHorn Steakhouse
White Castle
Golden Corral
What do the neighbors drive?
Buick
Oldsmobile
Kia
What do the neighbors listen to?
Contemporary Inspirational
Rock
Adult Standards
Frequently asked questions
About 416-22 Boston St
The listing price of 416-22 Boston St property is $1,399,000.
The property 416-22 Boston St is a house located in Syracuse, New York, 13206.
Active Listing: 416-22 Boston St is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 416-22 Boston St are: East Syracuse Elementary School (GreatSchools Rating 4/10), Salem Hyde Elementary School (GreatSchools Rating 4/10), Dr. Weeks Elementary School (GreatSchools Rating 4/10), Huntington PK-8 School (GreatSchools Rating 3/10), H. W. Smith PK-8 School (GreatSchools Rating 2/10), Lincoln Middle School (GreatSchools Rating 3/10), Nottingham High School (GreatSchools Rating 2/10), Henninger High School (GreatSchools Rating 1/10), Institute of Technology at Syracuse Central (GreatSchools Rating 3/10).
The property at 416-22 Boston St has 10 bedrooms and 0 bathroom.
The property 416-22 Boston St is 4,704 SqFt (source: MLS/tax record).
The year of construction for 416-22 Boston St is 1955.
This home is located at 416-22 Boston St in Syracuse, NY and zip code 13206 in the Eastwood neighborhood. This 4,704 square foot home, which was built in 1955, sits on a 0.20 acre lot. Features: 10 bedrooms, 0 bathroom. It has been listed on Rocket Homes since March 24, 2025 and is currently priced at $1,399,000.
In April 2025 more than 67 listings in Syracuse, NY were sold above the asking price. During the same period more than 18 listings were sold at asking price, while more than 28 were sold below. The number of homes for sale in Syracuse, NY decreased by 9.6% between March and April 2025. In April 2025, listings were on the market for 25 days. During the same period, the median list price in this real estate market was $190,536.