Three-Unit Residential Income
1008 1st North St Syracuse, NY 13208
1008 1st North St, Syracuse, NY, 13208
$240,000
Pending
For Sale
$240,000
Pending
A 3-unit residential income property with two occupied units and a vacant unit ready for immediate leasing or renovations.
Days on Market32
Property Features for 1008 1st North St
General Information
- Standard status
- Pending
- Property subtype
- Multi Family
Building Details
- Year Built
- 1910
Listing agency
Acropolis Realty Group LLC
(315) 699-3200
Listed by
Zachary Johnson · License #10301222752
(315) 699-3200
Source
Elliman
Added: Jun 22 Updated: Jul 10 at 2:03PM Checked: Jul 22 at 12:33PM
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 Acropolis Realty Group LLC
Investment Insights
Based on property information with market context.
This for-sale three-unit residential income property includes three separate residential units within one multifamily structure. According to the provided information, two of the units are currently occupied by long-term tenants, providing an established rental base. The occupied units generate a combined $2,750 per month in rent ($1,400 and $1,350), while the third unit is vacant and available for a new tenant or for owner-occupant use, along with potential improvement work depending on an operator’s plan.
The property is located at 1008 1st North Street in Syracuse, NY 13208. The surrounding area is described as being convenient to downtown Syracuse, major employers, public transportation, shopping, and restaurants. WalkScore is listed as 86 (very walkable), transitScore as 52 (good transit), and bikeScore as 42 (somewhat bikeable), which supports day-to-day accessibility for residents.
For tenants, the mix of two existing occupied units and a third vacant unit can translate into a straightforward leasing path. For buyers and operators, the current occupancy provides ongoing collected rent, while the vacant unit offers flexibility to adjust rental terms or complete light renovations ahead of re-leasing. The building’s simple, multi-unit structure is well suited to investors seeking a small residential rental portfolio or an owner-occupant scenario.
The property is located at 1008 1st North Street in Syracuse, NY 13208. The surrounding area is described as being convenient to downtown Syracuse, major employers, public transportation, shopping, and restaurants. WalkScore is listed as 86 (very walkable), transitScore as 52 (good transit), and bikeScore as 42 (somewhat bikeable), which supports day-to-day accessibility for residents.
For tenants, the mix of two existing occupied units and a third vacant unit can translate into a straightforward leasing path. For buyers and operators, the current occupancy provides ongoing collected rent, while the vacant unit offers flexibility to adjust rental terms or complete light renovations ahead of re-leasing. The building’s simple, multi-unit structure is well suited to investors seeking a small residential rental portfolio or an owner-occupant scenario.
Key Highlights
- 3‑unit multifamily property at 1008 1st North Street, Syracuse, NY; built in 1910
- Two units currently occupied by long‑term tenants, providing immediate rental income
- Combined current rent is $2,750/month ($1,400 and $1,350 from the occupied units)
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Triplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Triplex - A 3-unit residential income property with two occupied units and a vacant unit ready for immediate leasing or renovations.
Where is this triplex located?
The property is located at 1008 1st North St Syracuse, NY.
What is the asking price?
The asking price for this property is $240,000.
What are key features of this property?
This property features: 3‑unit multifamily property at 1008 1st North Street, Syracuse, NY; built in 1910; Two units currently occupied by long‑term tenants, providing immediate rental income; Combined current rent is $2,750/month ($1,400 and $1,350 from the occupied units)
