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  • $560,000

    866 Lancaster Ave, Syracuse, NY 13210

    5beds
    0baths
    5,440sqft
    Multi Family
    Built in 1920
    -- sqft lot
    $564,400 Zestimate®
    $103/sqft
    $-- Estimated rent

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    What's special

    Prime 5-Unit investment opportunity in the heart of Syracuse University neighborhood. Located just minutes from Syracuse University, this rare five-unit property offers an unmatched combination of size, location, and layout—perfect for investors seeking strong rental potential in a high-demand area. This property currently generates over $6,500 in monthly gross income, with room to increase rents according to market value, currently setup with four 1-bedroom apartments and one 3 bedroom apartment.. The property is well maintained featuring spacious units, each designed for comfort, with functional layouts that maximize rental income.

    Zillow last checked: 8 hours ago

    Listing updated: September 18, 2025 at 08:26am

    Listed by:

    Esmir Omerovic 888-276-0630,

    eXp Realty

    Bought with:

    Esmir Omerovic, 10301216408

    eXp Realty

    Source: NYSAMLSs,MLS#: S1596254MLS LogoOriginating MLS: Syracuse

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 5
    • Bathrooms: 0
    Heating
    • Gas, Forced Air
    Appliances
    • Included: Appliances Negotiable, Gas Water Heater
    • Laundry: Common Area
    Features
    • Flooring: Hardwood, Laminate, Varies
    • Basement: Partially Finished
    • Has fireplace: No
    • Furnished: Yes
    Interior area
    • Total structure area: 5,440
    • Total interior livable area: 5,440 sqft

    Property

    Parking
    • Parking features: One Space, Garage
    Features
    • Stories: 3
    • Patio & porch: Deck
    • Exterior features: Blacktop Driveway, Deck
    Lot
    • Size: 5,279 sqft
    • Dimensions: 40 x 132
    • Features: Rectangular, Rectangular Lot, Residential Lot
    Details
    • Parcel number: 31150005200000050190000000
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    Materials
    • Wood Siding
    • Roof: Asphalt
    Condition
    • Resale
    • Year built: 1920

    Utilities & green energy

    • Sewer: Connected
    • Water: Connected, Public
    • Utilities for property: Sewer Connected, Water Connected

    Community & neighborhood

    Location
    • Region: Syracuse

    Other

    Other facts
    • Listing terms: Cash,Conventional