Search
Three-Unit Multifamily Conversion
For Sale
$60,000

118-20 Borden Ave #20, Syracuse, NY 13205

The first- and second-floor apartments each have three bedrooms and one bathroom.

Property SizeContact for details
Days on Market2425

Property Features for 118-20 Borden Ave #20

General Information

Standard status Active
Property subtype Multi Family Home

Property Condition

Severity Major Repairs Needed
Evidence Large hole in roof, major water damage.

Additional Details

Multifamily Units 3

Building Details

Year Built 1922
Buildings 1
Stories 3
Listing Agency: GATEWAY PROPERTIES OF UPSTATE NY INC
Listed By: Nick Polce
Source: Gatewaypropertiesofupstateny
Added: Mar 9, 2020 Changed: Oct 25 Last Checked: Oct 26 at 3:57AM

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 GATEWAY PROPERTIES OF UPSTATE NY INC

Rey
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.

Investment Insights

Based on property information with market context.

Built in 1922, this multifamily property is configured as three units, with a required conversion to a two-family home. The first and second floors each contain an apartment with three bedrooms and one bathroom. The third floor may offer space for two additional bedrooms connected to the second-floor apartment, subject to code approval.

The building has a hole in the roof and significant water damage. It is being offered in as-is condition, without warranties or representations.

Key Highlights

  • Currently configured as 3 units; conversion to a 2‑family home is required
  • First- and second‑floor apartments each have 3 bedrooms and 1 bathroom
  • Third floor may accommodate 2 additional bedrooms for the second‑floor apartment, subject to code approval

Property Analytics

Lease Details

3
Residential units

Location Intelligence

Trade Area within ½ mile

632
Businesses Nearby

Demographics for 13205, NY

18,834
Population
8,868
Households
2.1
Avg Household Size
40
Median Age
21%
College-Educated
83%
High-School Grad
3.6 sq mi
ZIP Area
5,232
Density / Sq Mi
$39,171
Median Household Income
$32,711
Median Earnings
$898
Median Rent
$96,300
Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025

Frequently Asked Questions

What type of property is this?
Multifamily property - The first- and second-floor apartments each have three bedrooms and one bathroom.
Where is this multifamily property located?
The property is located at 118-20 Borden Ave #20 Syracuse, NY.
What is the asking price?
The asking price for this property is $60,000.
What are key features of this property?
This property features: Currently configured as 3 units; conversion to a 2‑family home is required; First- and second‑floor apartments each have 3 bedrooms and 1 bathroom; Third floor may accommodate 2 additional bedrooms for the second‑floor apartment, subject to code approval
Research This Page with AI

Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

Ask Rey → ChatGPT Grok Claude
Preferred Make Realmo a preferred source.

Our comps and market reports get this label in your Google results.

Add as a preferred source on Google One click on Google
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message
Why this one?
Saved