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Triplex With Major Roof Water Damage
For Sale
$60,000
Pending

118-20 Borden Ave, Syracuse, NY 13205

MULTI_FAMILY - Syracuse, NY

Property SizeContact for details
Days on Market2349

Property Features for 118-20 Borden Ave

General Information

Property type Residential Multi Family
Property subtype Other
Bedrooms 6
Bathrooms 3
Full bathrooms 3
Rooms Bedroom 6, Bathroom 1, Bedroom 1, Bedroom 2, Bedroom 5, Bathroom 2, Bedroom 4, Bedroom 3, Bathroom 3
High school district SYRACUSE CITY SCHOOL DISTRICT
Directions South Salina to E. Borden
Standard status Pending

Taxes and HOA fees

Tax Annual Amount 1000

Utilities

Water source Public

Building Details

Year built 1922
Listing Agency: Greater Syracuse Land Bank
Listed By: Greater Syracuse Land Bank
Added: Mar 9, 2020 Changed: Aug 3 Last Checked: Aug 13 at 2:06AM
MLS# 10733011

Copyright © 2026 My State MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This triplex is currently configured as a three-unit home and must be converted to a two-family home. The first and second floors are each three-bedroom, one-bathroom apartments, while the third floor could potentially add two more bedrooms to the second-floor apartment if codes allow. The property was built in 1922 and includes public water service.

The home has significant physical issues, including a large hole in the roof and major water damage. It is being sold as-is without warranty or representations, and any buyers should plan for needed repairs and conversion work in addition to any code requirements.

Because the existing configuration and condition both affect what can be built and permitted, buyers should review applicable conversion/code requirements when evaluating the scope of renovation needed.

Key Highlights

  • Currently configured as a three‑unit home; must be converted to a two‑family home
  • Large hole in the roof and major water damage
  • First and second floors: three‑bedroom, one‑bathroom apartments

Property Analytics

Current Use

Triplexes

Suggested Use

Top Pick Real Estate Agency Law Firm HVAC Service Bakery Electrical Service Restaurant

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

3
Residential units

Location Intelligence

Trade Area within ½ mile

595
Businesses Nearby

Demographics for 13205, NY

18,834
Population
8,868
Households
2.1
Avg Household Size
40
Median Age
21%
College-Educated
83%
High-School Grad
3.6 sq mi
ZIP Area
5,232
Density / Sq Mi
$39,171
Median Household Income
$32,711
Median Earnings
$898
Median Rent
$96,300
Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Triplex - Currently configured as a three-unit home requiring conversion to a two-family setup; major roof and water damage.
Where is this triplex located?
The property is located at 118-20 Borden Ave Syracuse, NY.
What is the asking price?
The asking price for this property is $60,000.
What are key features of this property?
This property features: Currently configured as a three‑unit home; must be converted to a two‑family home; Large hole in the roof and major water damage; First and second floors: three‑bedroom, one‑bathroom apartments
More about this property
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