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Triplex With Recent Building Updates
New
For Sale
$174,900

305 Putnam Street 7, Syracuse, NY 13204

One rear apartment is rented, while construction work remains to be completed elsewhere in the three-unit property.

Property Size4,965 SF
Days on Market4

Property Features for 305 Putnam Street 7

General Information

Standard status Active
Size 4,965 SF
Property subtype Multi Family

Additional Details

Multifamily Units 3

Taxes and HOA fees

Annual Taxes $3,616

Building Details

Building Size 4,965 SF
Year Built 1920
Listing Agency: Integrated Real Estate Ser LLC
Listed By: Alan Fritz Lathrop · License #30LA0731266
Source: Griffith-realty
Added: Oct 14 Changed: Oct 16 Last Checked: Oct 16 at 2:22PM

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

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Investment Insights

Based on property information with market context.

This three-unit residential property, built in 1920, has unfinished construction work. One first-floor rear apartment with one bedroom is rented; another one-bedroom apartment is not complete, though materials for its completion are in place.

Work completed within the last two years includes updates to the roof, siding, windows, furnaces, hot water tanks, and electrical system.

Key Highlights

  • Three‑unit residential property built in 1920
  • One‑bedroom apartment at the first‑floor rear is rented
  • A separate one‑bedroom apartment remains unfinished; materials for completion are in place

Property Analytics

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Current Use

Triplexes

Suggested Use

Top Pick Real Estate Agency Law Firm Dental Office Spa & Massage Center Hair Salon Parking Lot & Garage

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

3
Residential units

Location Intelligence

Trade Area within ½ mile

413
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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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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?
Triplex - One rear apartment is rented, while construction work remains to be completed elsewhere in the three-unit property.
Where is this triplex located?
The property is located at 305 Putnam Street 7 Syracuse, NY.
What is the asking price?
The asking price for this property is $174,900.
What are key features of this property?
This property features: Three‑unit residential property built in 1920; One‑bedroom apartment at the first‑floor rear is rented; A separate one‑bedroom apartment remains unfinished; materials for completion are in place
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