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Multifamily Property with Separate Utilities
For Sale
$96,500
Pending

1014 GEDDES ST, Syracuse, NY 13204

Three-bedroom multifamily property with hardwood and vinyl finishes, a deck, and nearby access to stores and downtown.

Property Size2,670 SF
Days on Market1139

Property Features for 1014 GEDDES ST

General Information

Standard status Pending
Size 2,670 SF
Property subtype Multi-Family

Additional Details

Asking Price $935,000
Multifamily Units 16

Taxes and HOA fees

Annual Taxes $1,919

Amenities

Gas
Full
3
Hardwood, Vinyl
Cable Available
Asphalt, Shingle
Deck
Wood
40X100

Building Details

Year Built 1900
Buildings 6
Listing Agency: Coldwell Banker Prime Prop,Inc
Listed By: Susan Li · License #30LI0956504
Source: Xome
Added: Jul 22, 2023 Changed: Sep 2 Last Checked: Sep 1 at 3:29PM

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 2,670-square-foot multifamily property was built in 1900 and includes three bedrooms, gas service, a full bathroom, hardwood and vinyl flooring, cable availability, and a deck. The exterior combines wood, asphalt, and shingle elements, with a 40X100 lot configuration. Two new furnaces and hot water heaters have been added, while separate utilities support distinct occupant billing.

The property is included in a six-property package totaling 16 units. Its setting provides walkable access to a gas station and stores, with convenient proximity to downtown and the highway. The package is reported at a 14% cash-on-cash return, and the property is occupied by long-term tenants.

Key Highlights

  • 2,670‑square‑foot multifamily property built in 1900
  • Part of a six‑property, 16‑unit package
  • Separate utilities for occupants

Property Analytics

Current Use

Hidden Level, Inc. Corporate Office

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Florist Pet Store Restaurant Pet Store & Service Acupuncture

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

16
Residential units

Location Intelligence

Trade Area within ½ mile

853
Businesses Nearby

Demographics for 13204, NY

19,752
Population
10,410
Households
1.9
Avg Household Size
31
Median Age
26%
College-Educated
84%
High-School Grad
4.3 sq mi
ZIP Area
4,593
Density / Sq Mi
$42,585
Median Household Income
$35,609
Median Earnings
$1,054
Median Rent
$97,400
Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

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

What type of property is this?
Multifamily property - Three-bedroom multifamily property with hardwood and vinyl finishes, a deck, and nearby access to stores and downtown.
Where is this multifamily property located?
The property is located at 1014 GEDDES ST Syracuse, NY.
What is the asking price?
The asking price for this property is $96,500.
What are key features of this property?
This property features: 2,670‑square‑foot multifamily property built in 1900; Part of a six‑property, 16‑unit package; Separate utilities for occupants
More about this property
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