118-20 Borden Ave, Syracuse, NY 13205

The property is currently configured as a three-unit home, but it must be converted to a two-family residence as part of the Legacy Program Cluster 2. The first and second floors each contain three-bedroom, one-bathroom apartments. The third floor may be able to add two additional bedrooms to the second-floor apartment if required codes allow, subject to approval.

The building has significant condition issues, including a large hole in the roof and major water damage. The home is being sold as-is without warranty or representations, with renovation costs noted as potentially exceeding $146,000. This listing is part of a cluster transaction referenced as “cluster of 5 properties,” with a $60,000 purchase price stated for the cluster.

For buyers and investors evaluating a conversion and heavy renovation, this asset offers a defined redevelopment target: reconfigure the existing three-unit layout into a two-family structure while addressing structural and water-related damage. The seller notes that purchase application and contract documents are available online, and completed offers should be submitted by the first Tuesday of each month for consideration at the Board of Directors meeting, typically held on the third Tuesday. Proof of funds is required for combined purchase and renovation costs.