Four-Unit Investment Property in
For Sale
$245,000
Pending
1803 S Salina St, Syracuse, NY 13205
Four-unit property with upside potential in Syracuse, New York.
Property Size4,631 SF
Days on Market114
Property Features for 1803 S Salina St
General Information
Standard status
Pending
Size
4,631 SF
Property subtype
Multi Family
Taxes and HOA fees
Annual Taxes
$5,645
Building Details
Building Size
4,631 SF
Year Built
1910
Stories
4
Units
4
Listing Agency:
Empire Realty Group
(315) 807-1751
Listed By:
Tonya Britton · License #10401333644
(315) 807-1751
Source:
Elliman
Added: Apr 22
Changed: Aug 8
Last Checked: Aug 12 at 7:47AM
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 Empire Realty Group
Investment Insights
Based on property information with market context.
This four-unit investment property requires some improvements. The building includes two one-bedroom units and two two-bedroom units, all featuring hardwood floors. One of the units has been gutted and is ready for renovation. The property has separate utilities with individual meters, allowing tenants to pay their own gas and electric. Current rents are below market value, presenting an opportunity for increased income. The property also features a large garage that could provide additional revenue. The property is located in an area with a walk score of 50, indicating that it is car-dependent, a bike score of 43, indicating that it is somewhat bikeable, and a transit score of 38, indicating that there is some transit available. This property is suitable for owner-occupiers or investors seeking to expand their portfolio.
Key Highlights
- Strong Income Upside: Below‑market rents provide significant potential for increased rental income.
- Separate Utilities: Individual meters for each unit allow tenants to pay their own gas and electric.
- Multi‑Unit Building: Features a 4‑unit building with a mix of (2) 1‑bedroom and (2) 2‑bedroom units.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
632
Businesses Nearby
Explore this area
Business Placement
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Quadplex - Four-unit property with upside potential in Syracuse, New York.
Where is this quadplex located?
The property is located at 1803 S Salina St Syracuse, NY.
What is the asking price?
The asking price for this property is $245,000.
What are key features of this property?
This property features: Strong Income Upside: Below‑market rents provide significant potential for increased rental income.; Separate Utilities: Individual meters for each unit allow tenants to pay their own gas and electric.; Multi‑Unit Building: Features a 4‑unit building with a mix of (2) 1‑bedroom and (2) 2‑bedroom units.
