Turnkey investment opportunity in Syracuse's highly desirable Tipp Hill neighborhood! This side by side duplex offers two spacious 4 bed, 1 bath units, each with a large living room, formal dining room, kitchen, and full basement. One unit is leased at $1,550/month plus utilities, while the renovated vacant unit offers immediate lease-up potential at a market rent of $2,100/month, allowing investors to maximize income from day one. Recent capital improvements include a new architectural roof (2026) with transferable warranty, fresh exterior paint, new stone fa?ade. Vinyl replacement windows. Separate utilities. Two furnaces, 2 hot water tanks, two 100-amp electrical panels, 2 laundry hook ups.. The vacant unit has been renovated with fresh paint, premium 22mm luxury vinyl plank flooring, updated appliances w/ a new stainless steel gas range. Situated on a corner lot adjacent to a park and just minutes from Downtown Syracuse, Coleman's, The Blarney Stone, Brooklyn Pickle, and other Tipp Hill amenities, this low-maintenance asset offers strong in-place income, immediate upside through lease-up, and excellent longterm appreciation potential. A rare opportunity to add a quality cash-flowing property to your portfolio!
Listing By
Agency Name: Acropolis Realty Group LLC
Agency Phone: 315-396-0493
Shown By
Agent Name: Justin Young
Agent Phone: (917) 238-5708
Agency Title: MJ Peterson Real Estate
Estimated Payment
$ 1,094.72 per month $556.17 Principal & Interest $465.67 Property Tax $72.89 Homeowner's InsuranceIf the email address was found in our system, your password has been sent. Please check your inbox.
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323 Herkimer Street, Unit 25 | MLS# S1694890
This multi-family property located at 323 Herkimer Street, Unit 25, Syracuse, NY 13204 is currently listed for sale with an asking price of $249,900. Herkimer Street, Unit 25 is located within the Syracuse school district. Search Syracuse real estate on jyoung.mjpeterson.com today.