825 Sumner Avenue #27, Syracuse, NY 13210
MULTI_FAMILY - Other - Syracuse, NY
- Added:
- Jun 3, 2026
- Days on Market:
- 2
- Last Refresh:
- Jun 4 at 3:06 am
Property Features for 825 Sumner Avenue #27
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 4
- Bathrooms
- 2
- Rooms
- Bathroom 2, Bedroom 1, Basement, Bathroom 1, Bedroom 4, Bedroom 2, Bedroom 3
- Interior features
- CeilingFans
- Appliances
- GasWaterHeater
- Standard status
- Active
- APN
- 311500-052-000-0004-035-000-0000
- Size
- 1,917 SF
- Lot size
- 0.13 Acres
Taxes and HOA fees
- Tax Annual Amount
- 9203
Utilities
- Heating system
- Natural Gas, Forced Air
- Water source
- Public
Building Details
- Year built
- 1911
- Floors in Building
- 2
- Number of units
- 2
- Flooring type
- Tile, Varies, Vinyl, Hardwood, Linoleum
- Building materials
- Cedar, WoodSiding
- Roof type
- Shingle, Asphalt
- Architectural style
- Other
Listing agent Karen E Whalen License #10301219318 (315) 663-6633
Listing office Keller Williams Syracuse 5701 Enterprise Parkway, East Syracuse, NY (315) 701-6900
Listing date Jun 3, 2026
Copyright © 2026 New York State Alliance of MLSs, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
HighLights
- 1911‑built University Hill investment property with approx. 2,900 SF total finished living area
- Two up‑and‑down apartments, each with 2 bedrooms and 2 full bathrooms, large living room, and separate utilities
- Third floor bonus space: huge finished third floor with vaulted ceilings, abundant natural light, and hardwood floors
- Rents in place through May 2027; both apartments are rented through that date
- Off‑street parking includes driveway parking plus additional parking behind the house; two sets of washers and dryers included
- Updates include two furnaces approx. 8 years old and a roof approx. 22 years old; maintained Certificate of Suitability since 2009 and City rental registry listing since at least 2009
Overview
The total finished living area is approximately 2,900 square feet. Off-street parking is available in the driveway, with additional parking behind the house. The building has maintained a Certificate of Suitability since 2009 and has been listed in the City of Syracuse Rental Registry since at least 2009.
Both apartments are currently rented through May 2027. Updates noted by the seller include two furnaces approximately 8 years old and a roof approximately 22 years old. For tenants and buyers seeking a compliant, long-maintained rental property with separate utilities and dedicated laundry for each unit, this configuration offers straightforward operations, while the finished third floor provides meaningful additional interior space.
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $31.1k | $16.20 |
| − Vacancy | −$1.9k | −$1.00 |
| EGI | $29.1k | $15.20 |
| − OpEx | −$8.7k | −$4.56 |
| NOI | $20.4k | $10.64 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Syracuse
- County
- Onondaga
- State
- New York
- Longitude
- -76.1252
- Latitude
- 43.035668
