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Two-Unit Residential Property
For Sale
Contact for pricing
Pending

401 Salt Springs Rd & Genesee, Syracuse, NY 13224

Residential Income, Syracuse, NY

Property SizeContact for details
Days on Market531

Property Features for 401 Salt Springs Rd & Genesee

General Information

Property type Residential Multi Family
Property subtype Other
Bedrooms 5
Bathrooms 2
Full bathrooms 2
Rooms Bedroom 3, Bedroom 5, Bedroom 1, Bathroom 1, Bedroom 4, Bathroom 2, Bedroom 2
Fireplace 1
Subdivision Salt Springs
High school district SYRACUSE CITY SCHOOL DISTRICT
Directions Salt Springs Rd and Genesee Park Dr
Standard status Pending

Taxes and HOA fees

Tax Annual Amount 3280

Utilities

Water source Public

Building Details

Year built 1915
Floors in Building 2
Listing Agency: Greater Syracuse Land Bank
Listed By: Greater Syracuse Land Bank
Added: Apr 15, 2025 Changed: Sep 14 Last Checked: Sep 27 at 6:06AM
MLS# 11474756

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.

Built in 1915, this two-unit residential property includes a three-bedroom first-floor residence and a second-floor apartment configured with two bedrooms. Both units provide a living room with a fireplace, a formal dining room, laundry space, and a pantry. The property requires work and is offered as-is, without warranties or representations.

Public water serves the property at 401 Salt Springs Road and Genesee in Syracuse, within the 13224 ZIP code. The layout provides distinct residential spaces within a single two-family structure, with five bedrooms and two bathrooms identified in the property information.

Key Highlights

  • Two‑unit property with a three‑bedroom first‑floor residence and a two‑bedroom second‑floor apartment
  • Each unit includes a living room with a fireplace and a formal dining room
  • Laundry areas and pantry space are provided in both units

Property Analytics

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Current Use

Klen Hardware & Home Improvement

Suggested Use

Top Pick Law Firm Real Estate Agency Dental Office Hair Salon Pharmacy Bakery

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

2
Residential units

Location Intelligence

Trade Area within ½ mile

541
Businesses Nearby

Demographics for 13224, NY

8,705
Population
3,948
Households
2.2
Avg Household Size
40
Median Age
57%
College-Educated
91%
High-School Grad
2.9 sq mi
ZIP Area
3,002
Density / Sq Mi
$81,667
Median Household Income
$50,043
Median Earnings
$1,029
Median Rent
$215,100
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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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?
Duplex - Two separate units offer fireplaces, formal dining rooms, laundry areas, and pantry space in a property requiring renovation.
Where is this duplex located?
The property is located at 401 Salt Springs Rd & Genesee Syracuse, NY.
What are key features of this property?
This property features: Two‑unit property with a three‑bedroom first‑floor residence and a two‑bedroom second‑floor apartment; Each unit includes a living room with a fireplace and a formal dining room; Laundry areas and pantry space are provided in both units
More about this property
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