517 N Geddes Street, Syracuse, NY 13204

Building Details

Building Size 2,670 SF More

Year Built 1900 More

Stories 2 More

Listing Agency: Coldwell Banker Prime Prop,Inc

Listed By: Susan Li · License NY 30LI0956504 Show Phone

Source: Stacyfaunce.kw

Added: Mar 18, 2024 Changed: Nov 10 Last Checked: Nov 14 at 2:19AM

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Investment Insights

Based on property information with market context.

This property is part of a package of six properties, totaling 16 units. The complete package, which includes properties at 1864 Bellevue St., 314 Grant Ave., 313 Liberty St., 517 Geddes St., 308 Erie St., and 290 W. Seneca Tpke., is listed for $935,000. The property features long-term tenants and includes two new furnaces and hot water heaters. The units have separate utilities. The location is within walking distance of a gas station and stores, and it is conveniently located close to downtown and the highway. The property offers a 14% cash-on-cash return.

Key Highlights

• Part of a 6‑property, 16‑unit package deal.
• Enjoy a 14% cash‑on‑cash return.
• Each unit has separate utilities.

Property Analytics

Who owns this building? See the owner, sales and loan history

Open Analytics

Location Intelligence

Trade Area within ½ mile

1,155

Businesses Nearby

Explore this area Business Placement

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

Average Price Trend$/SF for Multifamily properties in Syracuse, NY

$104 Jul

$90.69 Aug

$96.9 Sep

$94.97 Oct

Properties on Market for Multifamily properties in Syracuse

Jul

Aug

Sep

Oct

Vacancy Rate% for Multifamily in Northeast region

4% 2022

4.6% 2023

5.3% 2024

5.6% 2025

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Frequently Asked Questions

What type of property is this?

Multifamily property - Part of a 6-property, 16-unit package for sale.

Where is this multifamily property located?

The property is located at 517 N Geddes Street Syracuse, NY.

What is the asking price?

The asking price for this property is $96,500.

What are key features of this property?

This property features: Part of a 6‑property, 16‑unit package deal.; Enjoy a **14% cash‑on‑cash return**.; Each unit has separate utilities.