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11-Unit Corner One-Bedroom Building
For Sale
$400,000
Pending

900 N Alvord St, Syracuse, NY 13208

11 one-bedroom units at a corner location with recent roof and partial renovations, plus on-site security and 24/7 video.

Property Size7,966 SF
Days on Market62

Property Features for 900 N Alvord St

General Information

Standard status Pending
Size 7,966 SF
Property subtype Investment

Taxes and HOA fees

Annual Taxes $14,232

Building Details

Building Size 7,966 SF
Year Built 1940
Stories 3
Units 11
Listing Agency:
Listed By: Theodore Lewandowski
Source: Elliman
Added: Jun 13 Changed: Aug 8 Last Checked: Aug 3 at 11:53AM

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 Theodore Lewandowski

Investment Insights

Based on property information with market context.

This 11-unit multifamily property is configured entirely with one-bedroom apartments. The owner has completed notable improvements, including a new roof installed in 2025 and renovations in 9 of the 11 units. The 9 renovated apartments are currently occupied, supporting an immediate rental base while the remaining units present an opportunity for continued modernization. The building also includes garage and driveway spaces, and it is equipped with 24/7 video surveillance. A property caretaker/security manager lives on site.

The property sits on a corner at Danforth St & N Alvord St, offering convenient access for residents. WalkScore is listed as 86 (very walkable) and transitScore as 52 (good transit), with bikeScore 42 (somewhat bikeable).

For buyers or operators seeking an income-producing residential asset, this building offers a mix of current occupancy in recently updated units and additional leasing/renovation scope for the remaining apartments and parking-related spaces. The owner notes that management and maintenance expenses are higher than average, which may appeal to a more hands-on operator looking to streamline operations. Financials, rent roll, and additional property information are available upon request.

Key Highlights

  • 11‑unit multifamily with all one‑bedroom units, located on the corner of Danforth St & N Alvord St
  • Generates close to $100,000 annually in gross rental income
  • New roof installed in 2025

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Garden Center (Bike/Boat/Book/etc) Store Florist Locksmith Nursing Home Real Estate Agency

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

990
Businesses Nearby

Demographics for 13208, NY

23,603
Population
10,325
Households
2.3
Avg Household Size
33
Median Age
19%
College-Educated
77%
High-School Grad
4.1 sq mi
ZIP Area
5,757
Density / Sq Mi
$40,641
Median Household Income
$35,015
Median Earnings
$999
Median Rent
$110,300
Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

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

What type of property is this?
Apartment building - 11 one-bedroom units at a corner location with recent roof and partial renovations, plus on-site security and 24/7 video.
Where is this apartment building located?
The property is located at 900 N Alvord St Syracuse, NY.
What is the asking price?
The asking price for this property is $400,000.
What are key features of this property?
This property features: 11‑unit multifamily with all one‑bedroom units, located on the corner of Danforth St & N Alvord St; Generates close to $100,000 annually in gross rental income; New roof installed in 2025
More about this property
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