Rented Three-Unit Residential Income
For Sale
$179,900
1303 1st North St, Syracuse, NY 13208
Well-maintained three-unit property with all units rented and basic utilities managed by the landlord.
Property Size2,203 SF
Days on Market52
Property Features for 1303 1st North St
General Information
Standard status
Active
Size
2,203 SF
Property subtype
Multi Family
Occupancy
100%
Additional Details
Business Included
Yes
Multifamily Units
3
Taxes and HOA fees
Annual Taxes
$3,825
Building Details
Building Size
2,203 SF
Year Built
1920
Stories
2
Units
3
Listing Agency:
Hunt Real Estate ERA
(315) 446-4681
Listed By:
Dante Belmonte · License #10401323828
(315) 446-4681
Source:
Elliman
Added: Jun 23
Changed: Aug 8
Last Checked: Aug 12 at 5:25AM
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.
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
Current Use
Lease Details
3
Residential units
100%
Occupancy
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
719
Businesses Nearby
Explore this area
Business Placement
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
Questions? Ask Rey
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Frequently Asked Questions
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
