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Three-Unit Residential Income Property

222 Shonnard St, Syracuse, NY 13204

For Sale
$149,900
Pending

Three separate units feature individual gas and electric service, newer furnaces, and updated mechanicals.

Property Size4,268 SF
Days on Market110

Property Features for 222 Shonnard St

General Information

Standard status Pending
Size 4,268 SF
Property subtype Multi Family

Additional Details

Multifamily Units 3

Taxes and HOA fees

Annual Taxes $3,234

Building Details

Building Size 4,268 SF
Year Built 1920
Stories 1
Units 3
Tenancy Multi
Listing Agency: Integrated Real Estate Ser LLC
Listed By: Alan Fritz Lathrop · License NY 30LA0731266
Source: Elliman
Added: Jul 25 Changed: Nov 2 Last Checked: Nov 10 at 8:11AM

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 Integrated Real Estate Ser LLC

Rey
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Investment Insights

Based on property information with market context.

This three-unit residential income property includes a partially renovated first-floor 4-bedroom space that has been gutted with new half-sheet rock installed and a new kitchen still in boxes. The property also includes a second-floor 4-bedroom unit and a third-floor 3-bedroom unit. Each unit has separate gas and electric, with newer vinyl windows, updated hot water tanks, and circuit breakers throughout.

The second-floor unit is listed as paying $1,500 per month, and the third-floor unit is listed as paying $900 per month. The property has three newer furnaces, with one furnace still in the box. The roof includes a brand-new fire and ice layer, with shingles needed to finish.

Water meters are split to each apartment to help monitor usage and leaks.

Key Highlights

  • 3‑unit layout with separate gas and electric for each unit
  • 2nd floor 4‑bedroom currently pays $1,500 per month ($1,036 PA)
  • 3rd floor 3‑bedroom currently pays $900 per month

Property Analytics

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Lease Details

3
Residential units
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

3,373
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
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Market

Average Price Trend$/SF for Triplexes in Syracuse, NY

$81.58 Jul
$90.13 Aug
$94.99 Sep
$82.21 Oct

Properties on Market for Triplexes in Syracuse

Jul
Aug
Sep
Oct

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?
Triplex - Three separate units feature individual gas and electric service, newer furnaces, and updated mechanicals.
Where is this triplex located?
The property is located at 222 Shonnard St Syracuse, NY.
What is the asking price?
The asking price for this property is $149,900.
What are key features of this property?
This property features: 3‑unit layout with separate gas and electric for each unit; 2nd floor 4‑bedroom currently pays $1,500 per month ($1,036 PA); 3rd floor 3‑bedroom currently pays $900 per month
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