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Five-Unit Multifamily Investment Opportunity
For Sale
$45,000
Pending

122 W Bissell St, Syracuse, NY 13207

Five-unit property requiring complete rehabilitation with significant rental income potential.

Property Size5,819 SF
Lot Size0.13 Acres
Days on Market254

Property Features for 122 W Bissell St

General Information

Standard status Pending
Size 5,819 SF
Lot size 0.13 Acres
Property subtype Investment

Taxes and HOA fees

Annual Taxes $3,301

Building Details

Building Size 5,819 SF
Year Built 1940
Stories 2
Units 5
Listing Agency: Coldwell Banker Prime Prop, Inc
Listed By: Susan Li · License #30LI0956504
Source: Elliman
Added: Nov 28, 2025 Changed: Aug 8 Last Checked: Aug 9 at 6:27AM

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 five-unit multifamily property presents a significant opportunity for contractors and investors seeking a value-add project. Each of the five apartments features two bedrooms. The property requires a complete rehabilitation. Separate electrical and utility systems are in place. Once remodeled and fully rented, the property has the potential to generate a minimum of $6,000 per month in rental income. This is a cash-only transaction, and the buyer will be responsible for the survey and abstract of title work. The property is located in Syracuse, NY.

Key Highlights

  • High income potential: Estimated $6000/month rent roll if fully rented.
  • Multi‑unit property: Features 5 apartments, each with 2 bedrooms.
  • Separate utilities: Each unit has separate electrical and utilities.

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Real Estate Agency Dental Office Law Firm Restaurant Electrical Service Skin Care Clinic

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

408
Businesses Nearby

Demographics for 13207, NY

13,140
Population
5,954
Households
2.2
Avg Household Size
36
Median Age
33%
College-Educated
90%
High-School Grad
3.2 sq mi
ZIP Area
4,106
Density / Sq Mi
$59,495
Median Household Income
$39,082
Median Earnings
$1,111
Median Rent
$110,500
Median Home Value

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?
Apartment building - Five-unit property requiring complete rehabilitation with significant rental income potential.
Where is this apartment building located?
The property is located at 122 W Bissell St Syracuse, NY.
What is the asking price?
The asking price for this property is $45,000.
What are key features of this property?
This property features: High income potential: Estimated $6000/month rent roll if fully rented.; Multi‑unit property: Features 5 apartments, each with 2 bedrooms.; Separate utilities: Each unit has separate electrical and utilities.
More about this property
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