Adjacent Apartment Building Portfolio

206 Green St Syracuse, NY 13203

Claim this Listing
For Sale
$600,000

Four adjacent buildings with 21 fully rented apartments, with utilities split between tenants and landlord.

Type:Investment
Added:
Jul 4, 2026
Days on Market:
9
Last Refresh:
Jul 5 at 2:46 am

Property Features for 206 Green St

General Information

Standard status
Active
Property subtype
Investment

Building Details

Year Built
1900

Listing office Hunt Real Estate ERA

Listing date Jul 4, 2026

Source Elliman

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.

The Green Street portfolio offers four adjacent apartment buildings containing 21 total units. The unit mix is primarily 2-bedroom apartments, with several 1- and 3-bedroom units available. The offering notes upgrades throughout the buildings and describes the portfolio as fully rented at the time of sale.

The buildings included in the portfolio are 200-202 Green St (also referenced as 200 Howard, 4 units), 203 Green St (5 units), 206 Green St (6 units), and 207 Green St (6 units). These properties are presented together as part of the historic Hawley-Green Neighborhood. According to the remarks, each tenant pays their own gas/electric, while the landlord pays for water/sewer and exterior maintenance.

This portfolio can fit investors looking to acquire multiple income-producing properties in one package, particularly when they prefer managing a landlord-paid water/sewer and exterior maintenance component while tenants handle gas/electric. The materials also describe existing annual income and a referenced path to higher income with minimal work. The portfolio is being marketed for sale as one consolidated ownership opportunity.

Key Highlights

  • Portfolio of 4 adjacent buildings in the historic Hawley‑Green neighborhood with 21 total fully rented apartments
  • Annual income reported at $290,000 from 21 units, with a stated path to $330,000+ with minimal work
  • Offered at a reported 9.6% cap rate; average monthly rent $1,100 vs. neighborhood 2‑bedroom average closer to $1,400

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Quadplexes

Suggested Use

(Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store Garden Center Pet Store Locksmith Carpet & Flooring Store Travel Agency Fish Market Butcher

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Apartment building - Four adjacent buildings with 21 fully rented apartments, with utilities split between tenants and landlord.
Where is this apartment building located?
The property is located at 206 Green St Syracuse, NY.
What is the asking price?
The asking price for this property is $600,000.
What are key features of this property?
This property features: Portfolio of 4 adjacent buildings in the historic Hawley‑Green neighborhood with 21 total fully rented apartments; Annual income reported at $290,000 from 21 units, with a stated path to $330,000+ with minimal work; Offered at a reported 9.6% cap rate; average monthly rent $1,100 vs. neighborhood 2‑bedroom average closer to $1,400
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