#S1589738, Julie Brooks, Listing Office: Integrated Real Estate Ser LLC
866 Lancaster Ave Syracuse, NY 13210
Property details
About 866 Lancaster Ave
Prime 5-Unit investment opportunity in the heart of Syracuse University neighborhood! Located just minutes from Syracuse University, this rare five-unit property offers an unmatched combination of size, location, and layout—perfect for investors seeking strong rental potential in a high-demand area. This property currently generates over $6,500 in monthly gross income, with room to increase rents according to market value, currently setup with four 1-bedroom apartments and one 3 bedroom apartment.. The property is well maintained featuring spacious units, each designed for comfort, with functional layouts that maximize rental income.
Highlights
(Active Under Contract)
Virtual tour
Summary
- Appliances: Gas Water Heater
- Basement: Yes
- Flooring Type: Hardwood, Laminate, Varies
- Total Bedroom Count: 5
- Parking: One Space, Garage
- Exterior: Blacktop Driveway, Deck
- Heating: Natural Gas, Forced Air
- List Price: $599,900
- Price/SqFt: $110
- Lot: Rectangular Lot
- Year Built: 1920
- Stories: 3
- Living Area: 5,440 SqFt
- Lot Size: 0.1212 Acres
- MLS Number: S1596254
- MLS Name: NYS
- Office Name: eXp Realty
- Office Phone: (888) 276-0630
- Listing Agent: Esmir Omerovic
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Last updated on: 6/3/2025, 2:20:27 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$599,900
866 Lancaster Ave
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Price information
Property sales
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Tax history
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Nearby schools
2
STEAM at Dr. King Elementary School
Public District PK-5
1.1 mi
•416 E Raynor Ave
4
Dr. Weeks Elementary School
Public District PK-5
1.5 mi
•710 Hawley Ave
6
Tecumseh Elementary School
Public District KG-4
1.6 mi
•901 Nottingham Rd
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 $15,109. The most common annual income of people living in Syracuse, NY is less than $<35k. The most common type of family is single, no kids. The most common level of education of people living in this area is post secondary degree.
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Frequently asked questions
About 866 Lancaster Ave
The listing price of 866 Lancaster Ave property is $599,900.
The property 866 Lancaster Ave is a house located in Syracuse, New York, 13210.
Accepting Backup Offers: 866 Lancaster Ave is Accepting Backup Offers (Active Under Contract), there is still a chance to have your real estate agent submit an offer.
The nearby schools for 866 Lancaster Ave are: STEAM at Dr. King Elementary School (GreatSchools Rating 2/10), Dr. Weeks Elementary School (GreatSchools Rating 4/10), Tecumseh Elementary School (GreatSchools Rating 6/10), Edward Smith PK-8 School (GreatSchools Rating 3/10), Syracuse Latin School (GreatSchools Rating 6/10), H. W. Smith PK-8 School (GreatSchools Rating 2/10), Nottingham High School (GreatSchools Rating 2/10), Institute of Technology at Syracuse Central (GreatSchools Rating 3/10), Henninger High School (GreatSchools Rating 1/10).
The property at 866 Lancaster Ave has 5 bedrooms and 0 bathroom.
The property 866 Lancaster Ave is 5,440 SqFt (source: MLS/tax record).
The year of construction for 866 Lancaster Ave is 1920.
This home is located at 866 Lancaster Ave in Syracuse, NY and zip code 13210 in the Eastside neighborhood. This 5,440 square foot home, which was built in 1920, sits on a 0.12 acre lot. Features: 5 bedrooms, 0 bathroom. It has been listed on Rocket Homes since April 1, 2025 and is currently priced at $599,900.
While more than 72 listings in Syracuse, NY in May 2025 were sold above asking price, there were more than 13 listings sold at asking price, and more than 32 were sold below. Between April and May 2025, Syracuse, NY real estate market has seen decrease in the number of listings by 0.9%. While the average time on the market in May 2025 was 20 days, the median list price was $195,000.