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    419 Richmond Ave Syracuse, NY 13204

    For Sale
    $399,900

    Well-maintained five-unit property with immediate cash flow potential.

    Lot size:
    0.10 Acres

    Property Features for 419 Richmond Ave

    General Information

    Lot size
    0.10 Acres

    Building Details

    Year built
    1920

    Source: Hunt Real Estate ERA Agent Kristi Croniser

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

    Overview

    Five-Unit Investment Property For Sale

    This well-maintained five-unit rental property offers an opportunity for investors seeking immediate cash flow and long-term potential. Several units have been remodeled. A new roof was installed in 2025. Additional updates include a new porch, new railing, and a new trash corral. With multiple units already occupied, the property provides instant income. The property combines steady returns with the potential for continued improvement. All two-bedroom apartments include a full bathroom with a bathtub. The studio apartment has a full bathroom without a bathtub.
    Location Intelligence

    Current Use by Public Records

    Apartment buildings

    Suggested Use

    Realty agency Law Firm Restaurant 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
    -76.173869
    Latitude
    43.0501393

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    FAQs

    What type of property is this?
    Apartment building - Well-maintained five-unit property with immediate cash flow potential.
    Where is this apartment building located?
    The property is located at 419 Richmond Ave Syracuse, NY.
    What is the asking price?
    The asking price for this property is $399,900.
    What are key features of this property?
    This property features: - Immediate cash flow from multiple occupied units.; - New roof installed in 2025.; - Remodeled units.
    (315) 750-8203
    Request Owner's contact information
    419 Richmond Ave Syracuse, NY 13204
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    Syracuse, NY 13204
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    419 Richmond Ave Syracuse, NY 13204
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