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Triplex with Updated Mechanical Systems
For Sale
$149,900
Pending

244 Shonnard Street, Syracuse, NY 13204

Triplex with separate gas/electric service, newer vinyl windows, updated roof, and split water metering.

Property Size2,892 SF
Days on Market22

Property Features for 244 Shonnard Street

General Information

Standard status Pending
Size 2,892 SF
Property subtype Multi Family

Additional Details

Gross Income $29,400
Utilities to Site Yes

Taxes and HOA fees

Annual Taxes $3,312

Building Details

Building Size 2,892 SF
Year Built 1940
Tenancy Multi
Listing Agency: Integrated Real Estate Ser LLC
Listed By: Alan Fritz Lathrop · License #30LA0731266
Source: Griffith-realty
Added: Jul 23 Changed: Aug 8 Last Checked: Aug 12 at 2:26PM

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

Investment Insights

Based on property information with market context.

This triplex at 244 Shonnard Street features a multi-unit layout with a first-floor 4-bedroom unit and two units on the second floor: a 2-bedroom and a 1-bedroom. Separate gas and electric service is available for the apartments, and the property has 3 updated furnaces, updated hot water tanks, and circuit breakers. Recent exterior and envelope updates include newer vinyl windows and an updated roof.

Water meters are split to each apartment, supporting individual monitoring of usage and helping flag leaks. A kid’s playground and park are located across the street, adding immediate outdoor access nearby.

Built in 1940, this well-maintained income property is set up for tenant-level utility separation and includes multiple building system updates, including heating, hot water, and key exterior components.

Key Highlights

  • Separate gas and electric for the apartments
  • 3 updated furnaces plus updated hot water tanks
  • Newer vinyl windows and an updated roof

Property Analytics

Current Use

Triplexes

Suggested Use

Top Pick Real Estate Agency (Bike/Boat/Book/etc) Store Catering Service Butcher Carpet & Flooring Store Skin Care Clinic

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

Multi-tenant
Tenancy
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

1,946
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?
Triplex - Triplex with separate gas/electric service, newer vinyl windows, updated roof, and split water metering.
Where is this triplex located?
The property is located at 244 Shonnard Street 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: Separate gas and electric for the apartments; 3 updated furnaces plus updated hot water tanks; Newer vinyl windows and an updated roof
More about this property
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