Fully Leased Student Housing Portfolio

718-20 Westcott Street Syracuse, NY 13210

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Turnkey portfolio of five multifamily buildings in Syracuse’s University-area corridor, totaling 16 units and 41 bedrooms.

Type:Multifamily
Property size:
18,258 SF
Added:
Jun 7, 2026
Days on Market:
36
Last Refresh:
Jun 17 at 2:03 am

Property Features for 718-20 Westcott Street

General Information

Standard status
Active
Size
18,258 SF
Property subtype
Multifamily

Listing office Acropolis Realty Group

Listing date Jun 7, 2026

Source Crexi

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 Acropolis Realty Group


Investment Insights

Based on property information with market context.

This for-sale portfolio is presented as turnkey, fully leased student housing and includes five multifamily assets: four legal triplexes and one legal four-unit building. Combined, the properties total 16 units and 41 bedrooms, with predominantly 3-bedroom layouts and two additional 1-bedroom units. Units benefit from separate utilities, valid Certificates of Compliance, and off-street parking at many of the properties. The portfolio also cites many updated kitchens and bathrooms, along with solid roofs and mechanical and electrical systems intended to support straightforward ownership.

The package is centered in Syracuse’s University neighborhood near Syracuse University, SUNY ESF, the JMA Wireless Dome, Thornden Park, and the Westcott Business District. The remarks indicate that three Westcott Street addresses are included together, while two additional buildings can be purchased individually or together with the overall portfolio.

For investors seeking a single ownership structure, this portfolio provides immediate scale across multiple legal multifamily buildings and a diversified bedroom mix across the 16 units. The offering materials also describe in-place cash flow supported by a stated 8.5%–9% cap rate and an existing rental history, along with the operational convenience of separate utilities and documented compliance status.

Key Highlights

  • Turnkey SU portfolio of 5 multifamily assets totaling 16 units and 41 bedrooms in Syracuse’s University‑area corridor.
  • Unit mix includes 4 legal triplexes and 1 legal four‑unit building.
  • Addresses include 722‑724 Westcott St, 716 Westcott St, and 708‑710 Westcott St (must be sold together), plus 162‑164 Redfield Pl and 909‑911 Westcott St.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Triplexes

Suggested Use

Law Firm Real Estate Agency Hair Salon (Bike/Boat/Book/etc) Store HVAC Service Nail Salon Furniture & Home Goods (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store Bakery

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Triplex - Turnkey portfolio of five multifamily buildings in Syracuse’s University-area corridor, totaling 16 units and 41 bedrooms.
Where is this triplex located?
The property is located at 718-20 Westcott Street Syracuse, NY.
What are key features of this property?
This property features: Turnkey SU portfolio of 5 multifamily assets totaling 16 units and 41 bedrooms in Syracuse’s University‑area corridor.; Unit mix includes 4 legal triplexes and 1 legal four‑unit building.; Addresses include 722‑724 Westcott St, 716 Westcott St, and 708‑710 Westcott St (must be sold together), plus 162‑164 Redfield Pl and 909‑911 Westcott St.
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