854-856 Lancaster Ave Syracuse, NY 13210
Property details
About 854-856 Lancaster Ave
Turnkey University Rental Property – Prime Investment Opportunity! Discover the perfect addition to your real estate portfolio with this exceptional 3-unit university rental property. Whether you’re an experienced investor or a first-time buyer, this fully rented, income-generating property offers immediate cash flow in one of the strongest rental markets in the area. This unique investment includes two units in the main front building and a standalone former carriage house, providing diverse rental options for tenants. Thoughtfully upgraded throughout. Fully rented – Stable income from day one. Turnkey investment – No immediate renovations needed Major upgrades completed – Including brand-new drains and sewer lines Ample parking – A rare and valuable feature for tenants Highly desirable location – Consistently strong rental demand With significant income potential and a compelling success story, this property is a smart choice. Opportunities like this don’t last long! Schedule a showing today and see for yourself why this is the perfect investment.
Highlights
Virtual tour
Summary
- MLS Number: S1590685
- MLS Name: NYS
- Office Name: University Hill Realty Ltd
- Office Phone: (315) 422-0709
- Office Email: nroth@universityhill.com
- Listing Agent: Daniel Murphy
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
harmless.
© 2025 CNYIS, UNYREIS, WNYREIS. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available.
Last updated on: 3/14/2025, 3:20:52 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Get an agent. Get a mortgage. Save big.¹
$589,000
854-856 Lancaster Ave
$6,994
closing credit¹
Sell your home with Rocket and save even more!
Seller rebate
0.5% sale price²
Price information
Property sales
We're sorry, we currently don't have property sales data for this listing.
Tax history
We're sorry, we currently don't have tax history data for this listing.
Nearby schools
6
Tecumseh Elementary School
Public District KG-4
1.1 mi
•901 Nottingham Rd
2
McKinley-Brighton Elementary School
Public District PK-5
1.2 mi
•141 W Newell St
2
STEAM at Dr. King Elementary School
Public District PK-5
1.5 mi
•416 E Raynor 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 $77,632. Residents of Syracuse, NY typically earn between $35k-100k each year. The majority of 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?
NBA/WNBA
Symphony or Opera
Yoga/pilates
Where do the neighbors shop?
New York & Company
Chico's
H&M
Where do the neighbors go to eat?
Qdoba
Boston Market
Dominos Pizza
What do the neighbors drive?
Infiniti
Volvo
Audi
What do the neighbors listen to?
Active Rock
Talk/Personality
Alternative
This home is located at 854-856 Lancaster Ave in Syracuse, NY and zip code 13210 in the Eastside neighborhood. This 3,186 square foot home, which was built in 1915, sits on a 0.24 acre lot. Features: 11 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since February 28, 2025 and is currently priced at $589,000.
Syracuse, NY housing market in February 2025 saw over 42 listings sold above listed price, more than 11 sold at listed price and over 29 sold below. The number of listings in Syracuse, NY decreased by 14.1% between January and February 2025. In February 2025, listings were on the market for 24 days. During the same period, the median list price in this real estate market was $190,000.