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514 Highland St Syracuse, NY 13203

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For Sale
$219,900

Mixed-use property with immediate cash flow in Syracuse's Northside.

Lot size:
0.08 Acres

Property Features for 514 Highland St

General Information

Lot size
0.08 Acres

Building Details

Year built
1900

Source: Bell Home Team Agent Heather Noel Baldwin

Displayed information is deemed reliable but is not guaranteed and should be independently verified.


Overview

Mixed-Use Property in Syracuse

This mixed-use property in Syracuse's Northside generates immediate cash flow, offering a combination of residential and commercial rental income. The ground floor features a fully operational grocery store with a lease running through June 2026, providing stable commercial income. A rented studio apartment is also located on the first floor. The second floor contains two additional rental units: a 3-bedroom apartment renting for $1,400 per month and a 1-bedroom apartment renting for $700 per month. All residential tenants are on month-to-month leases, providing flexibility for rent increases or future upgrades. The property currently generates a total of $3,750 per month in gross income.
Insight Report Location Intelligence

Current Use by Public Records

Jazz Market Grocery Store

Suggested Use

Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
Syracuse
County
Onondaga
State
New York
Longitude
-76.1412205
Latitude
43.0611819

FAQs

What type of property is this?
Mixed-use property - Mixed-use property with immediate cash flow in Syracuse's Northside.
Where is this mixed-use property located?
The property is located at 514 Highland St Syracuse, NY.
What is the asking price?
The asking price for this property is $219,900.
What are key features of this property?
This property features: - High Cash Flow: Generates $3,750 per month in gross income.; - Stable Commercial Income: Long-standing grocery store with lease through June 2026.; - Mixed-Use Property: Combination of commercial and residential income streams.
More about this property
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