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Two-Family Residential Income Property

242-44 Richmond Ave, Syracuse, NY 13204

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For Sale

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Multi-Unit (2-4) - Syracuse, NY

Property size:

2,192 SF

Price / SF:

$9/SF

HighLights

Two‑family home in the Park Ave neighborhood
First‑floor unit offers 3 bedrooms
Second‑floor unit offers 4 bedrooms
Includes a basement and 2 bathrooms (per unit layout listed)
Garage parking; Year built 1900
Sold as‑is with no warranty or representations; estimated renovation cost approx. $153k (renovation costs may exceed $155k)

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Greater Syracuse Land Bank

For Sale

Contact for pricing

Multi-Unit (2-4) - Syracuse, NY

Property size:

2,192 SF

Price / SF:

$9/SF

Added:: Aug 8, 2025
Days on Market:: 325
Last Refresh:: Jun 28 at 2:06 am

Property Features for 242-44 Richmond Ave

General Information

Property type: Residential Multi Family
Property subtype: Other
Bedrooms: 7
Bathrooms: 2
Rooms: Basement, Bathroom 1, Bathroom 2, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5, Kitchen
Parking features: Garage
Basement Y/N: 1
Standard status: Active
APN: 311500-105.000-0008-042.000
Size: 2,192 SF

Taxes and HOA fees

Tax Annual Amount: 1000

Building Details

Year built: 1900
Year renovated: 1900
Floors in Building: 2
Architectural style: Other

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Contact an agent

Greater Syracuse Land Bank

Listing agent Greater Syracuse Land Bank

Listing office Greater Syracuse Land Bank 431 E Fayette St, SYRACUSE, NY

Listing date Aug 8, 2025

MLS# 11551650 Listing URL

HighLights

Two‑family home in the Park Ave neighborhood
First‑floor unit offers 3 bedrooms
Second‑floor unit offers 4 bedrooms
Includes a basement and 2 bathrooms (per unit layout listed)
Garage parking; Year built 1900
Sold as‑is with no warranty or representations; estimated renovation cost approx. $153k (renovation costs may exceed $155k)

Overview

This two-family property features a first-floor unit with three bedrooms and a second-floor unit with four bedrooms. The home is reported to require work and is being sold as-is without warranties or representations. An estimated renovation cost of approximately $153,000 is noted in the remarks, and the buyer must demonstrate proof of funds to support combined purchase and renovation costs.

Located in the Park Ave neighborhood of Syracuse, the property is offered at 242-44 Richmond Ave in Onondaga County. The lot is listed with no acreage provided, and the total property size is shown as 2,192 square feet.

The layout can appeal to owner-occupants or investors seeking a two-unit setup with distinct bedroom counts on each level. Because the property needs renovation and is sold with limited assurances, buyers should plan for rehab expenses and be prepared to meet the stated proof-of-funds requirement before proceeding. Completed offers are described as needing submission no later than the first Tuesday of each month for consideration at the Board of Directors meeting, typically scheduled on the third Tuesday; dates and times should be confirmed.

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City: Syracuse
County: Onondaga
State: New York
Longitude: -76.169706
Latitude: 43.050438

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