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Turn-Key 3-Unit Investment
For Sale
$215,000
Pending

145 Steuben St, Syracuse, NY 13208

Three updated rental units with tenant-paid utilities and landlord-paid water, generating $3,261 monthly rental income.

Property Size2,311 SF
Days on Market91

Property Features for 145 Steuben St

General Information

Standard status Pending
Size 2,311 SF
Property subtype Multi Family

Additional Details

Multifamily Units 3

Taxes and HOA fees

Annual Taxes $3,108

Building Details

Building Size 2,311 SF
Year Built 1900
Stories 2
Units 3
Tenancy Multi
Listing Agency: Coldwell Banker Prime Prop, Inc
Listed By: Susan Li · License #30LI0956504
Source: Elliman
Added: May 11 Changed: Aug 8 Last Checked: Aug 6 at 5:18AM

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 3-unit investment property is described as being in good condition, with all units updated. The furnished and heating systems referenced in the remarks include furnaces and hot water heaters that are in good working condition, with replacements completed as needed over time. The property is presented as a turn-key operation, with one upstairs tenant noted as having been in place for a few years and maintaining the space in good condition.

The property is located on the north side and is reported to have a Walk Score of 86 and Transit Score of 52, indicating very walkable surroundings and good transit access, with a Bike Score of 42.

All tenants pay their own utilities, while the landlord pays for water. The remarks report $3,261 in monthly rental income.

Key Highlights

  • 3‑unit investment property built in 1900
  • Updated units with furnaces and hot water heaters in good working condition; some replacements done as needed
  • Generates $3,261/month in rental income

Property Analytics

Current Use

Triplexes

Suggested Use

Top Pick Garden Center Florist Locksmith Catering Service Restaurant (Bike/Boat/Book/etc) Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

3
Residential units
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

1,067
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?
Triplex - Three updated rental units with tenant-paid utilities and landlord-paid water, generating $3,261 monthly rental income.
Where is this triplex located?
The property is located at 145 Steuben St Syracuse, NY.
What is the asking price?
The asking price for this property is $215,000.
What are key features of this property?
This property features: 3‑unit investment property built in 1900; Updated units with furnaces and hot water heaters in good working condition; some replacements done as needed; Generates $3,261/month in rental income
More about this property
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