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Multifamily Investment Opportunity
For Sale
$96,500
Pending

517 N Geddes St, Syracuse, NY 13204

Part of a 6-property, 16-unit package for sale.

Property Size2,670 SF
Lot Size0.09 Acres
Days on Market255

Property Features for 517 N Geddes St

General Information

Standard status Pending
Size 2,670 SF
Lot size 0.09 Acres
Property subtype Multi Family

Taxes and HOA fees

Annual Taxes $1,919

Building Details

Building Size 2,670 SF
Year Built 1900
Stories 2
Units 2
Listing Agency: Coldwell Banker Prime Prop, Inc
Listed By: Susan Li · License #30LI0956504
Source: Elliman
Added: Nov 27, 2025 Changed: Aug 8 Last Checked: Aug 8 at 10:58AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Coldwell Banker Prime Prop, Inc

Investment Insights

Based on property information with market context.

This property is part of a package of six properties, totaling 16 units. The complete package, which includes properties at 1864 Bellevue St., 314 Grant Ave., 313 Liberty St., 517 Geddes St., 308 Erie St., and 290 W. Seneca Tpke., is listed for $935,000. The property features long-term tenants and includes two new furnaces and hot water heaters. The units have separate utilities. The location is within walking distance of a gas station and stores, and it is conveniently located close to downtown and the highway. The property offers a 14% cash-on-cash return.

Key Highlights

  • Part of a 6‑property, 16‑unit package deal.
  • Enjoy a 14% cash‑on‑cash return.
  • Each unit has separate utilities.

Property Analytics

Current Use

Multifamily properties

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Electrical Service Florist Nursing Home Clothing & Fashion Store Butcher

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

Location Intelligence

Trade Area within ½ mile

1,155
Businesses Nearby

Demographics for 13204, NY

19,752
Population
10,410
Households
1.9
Avg Household Size
31
Median Age
26%
College-Educated
84%
High-School Grad
4.3 sq mi
ZIP Area
4,593
Density / Sq Mi
$42,585
Median Household Income
$35,609
Median Earnings
$1,054
Median Rent
$97,400
Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

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

What type of property is this?
Multifamily property - Part of a 6-property, 16-unit package for sale.
Where is this multifamily property located?
The property is located at 517 N Geddes St Syracuse, NY.
What is the asking price?
The asking price for this property is $96,500.
What are key features of this property?
This property features: Part of a 6‑property, 16‑unit package deal.; Enjoy a **14% cash‑on‑cash return**.; Each unit has separate utilities.
More about this property
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