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For sale
  • $619,900

    866 Lancaster Ave, Syracuse, NY 13210

    5beds
    0baths
    5,440sqft
    Multi Family
    Built in 1920
    -- sqft lot
    $589,600 Zestimate®
    $114/sqft
    $-- HOA

    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.
    25 days
    on Zillow
    |
    899
    |
    40
    |

    Zillow last checked: 7 hours ago

    Listing updated: April 04, 2025 at 06:00am

    Listing by:

    eXp Realty 888-276-0630,

    Esmir Omerovic 888-276-0630

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

    Tour with a buyer’s agent

    We’ll find a local expert to take you on a private tour of 866 Lancaster Ave.

    Next available tour time:Tomorrow at 9am

    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: 5,279.47 Square Feet
    • Dimensions: 40 x 132
    • Features: Rectangular, 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 & HOA

    Location
    • Region: Syracuse

    Financial & listing details

    • Price per square foot: $114/sqft
    • Tax assessed value: $325,000
    • Annual tax amount: $14,605
    • Date on market: 4/1/2025
    • Listing terms: Cash,Conventional
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