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Rented Three-Unit Residential Income Property

1303 1st North St Syracuse, NY 13208

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For Sale
$179,900

Well-maintained three-unit property with all units rented and basic utilities managed by the landlord.

Type:Multi Family
Added:
Jun 23, 2026
Days on Market:
22
Last Refresh:
Jun 26 at 2:24 am

Property Features for 1303 1st North St

General Information

Standard status
Active
Property subtype
Multi Family

Building Details

Year Built
1920

Listing office Hunt Real Estate ERA

Listing date Jun 23, 2026

Source Elliman

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 Hunt Real Estate ERA


Investment Insights

Based on property information with market context.

This for-sale three-unit residential income property is operated as a fully rented building, with all units currently paying rent and tenants remaining in place. Apartment 1 and Apartment 3 are on month-to-month leases with longer-term tenants, while Apartment 2 is on a one-year lease that started in March 2026. The unit mix includes a 3-bedroom apartment, a 1-bedroom apartment, and a studio. The building has one main boiler and one hot water heater. The landlord pays for water/sewer, as well as gas and electric, with National Grid gas/electric on a $500 per month budget plan. Updates include new windows throughout, new sidewalks, and a new driveway.

The property is located at 1303 1st North St in Syracuse, NY. WalkScore and transit-related metrics are provided, with a WalkScore of 86 and a transitScore of 52, indicating a location that supports day-to-day access. BikeScore is 42 (somewhat bikeable).

For buyers, this is a straightforward residential income option with three separately leased units already in place. The building’s maintenance items and utility payment structure can appeal to an owner looking for a managed, occupied setup with a clear unit mix across three floorplans.

Key Highlights

  • Three‑unit property built in 1920 with all three apartments currently rented
  • Monthly rent: Apt 1 (3 bed) $1,150; Apt 2 (1 bed) $1,025; Apt 3 (studio) $550
  • Tenants are full self‑pay and current on rent; Apt 1 & 3 are month‑to‑month, Apt 2 is a 1‑year lease started March 2026

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Triplexes

Suggested Use

Real Estate Agency Law Firm Accounting Firm Locksmith Dental Office Florist (Bike/Boat/Book/etc) Store Skin Care Clinic Nursing Home Parking Lot & Garage

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

FAQs

What type of property is this?
Triplex - Well-maintained three-unit property with all units rented and basic utilities managed by the landlord.
Where is this triplex located?
The property is located at 1303 1st North St Syracuse, NY.
What is the asking price?
The asking price for this property is $179,900.
What are key features of this property?
This property features: Three‑unit property built in 1920 with all three apartments currently rented; Monthly rent: Apt 1 (3 bed) $1,150; Apt 2 (1 bed) $1,025; Apt 3 (studio) $550; Tenants are full self‑pay and current on rent; Apt 1 & 3 are month‑to‑month, Apt 2 is a 1‑year lease started March 2026
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