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Updated Five-Unit Multifamily Property
For Sale
$382,500
Pending

600 Pond St, Syracuse, NY 13208

Spacious, updated 5-unit property with income potential in Syracuse, NY.

Property Size6,648 SF
Days on Market114

Property Features for 600 Pond St

General Information

Standard status Pending
Size 6,648 SF
Property subtype Investment

Taxes and HOA fees

Annual Taxes $5,570

Building Details

Building Size 6,648 SF
Year Built 1940
Stories 2
Units 5
Listing Agency: Empire Realty Group
Listed By: Tonya Britton · License #10401333644
Source: Elliman
Added: Apr 22 Changed: Aug 11 Last Checked: Aug 12 at 7:57AM

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 Empire Realty Group

Investment Insights

Based on property information with market context.

This maintained five-unit property is located on the Northside of the city. All units are generously sized and have been updated within the past six years, offering modernized living spaces. The building is currently fully rented on a month-to-month basis, providing flexibility for future rent adjustments or occupancy changes. A large owner’s unit presents significant additional income potential if added to the rent roll. Alternatively, an owner-occupant can live on-site while rental income helps offset expenses. The property offers strong income potential and flexibility, making it suitable for both investors and owner-occupants. The bike score is 42, indicating it is somewhat bikeable. The walk score is 64, indicating it is somewhat walkable. The transit score is 42, indicating some transit options are available.

Key Highlights

  • Strong income potential from 5 updated units, currently fully rented.
  • Large owner's unit offers additional income potential or owner‑occupancy option.
  • All units updated within the past six years.

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Real Estate Agency Parking Lot & Garage Skin Care Clinic (Bike/Boat/Book/etc) Store Garden Center Home Appliance Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,040
Businesses Nearby

Demographics for 13208, NY

23,603
Population
10,325
Households
2.3
Avg Household Size
33
Median Age
19%
College-Educated
77%
High-School Grad
4.1 sq mi
ZIP Area
5,757
Density / Sq Mi
$40,641
Median Household Income
$35,015
Median Earnings
$999
Median Rent
$110,300
Median Home Value

Market

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?
Apartment building - Spacious, updated 5-unit property with income potential in Syracuse, NY.
Where is this apartment building located?
The property is located at 600 Pond St Syracuse, NY.
What is the asking price?
The asking price for this property is $382,500.
What are key features of this property?
This property features: Strong income potential from 5 updated units, currently fully rented.; Large owner's unit offers additional income potential or owner‑occupancy option.; All units updated within the past six years.
More about this property
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