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Backup Offers

854-856 Lancaster Ave, Syracuse, NY, 13210

$609,000

Home List Price

$7,232*

Closing Credit

11 Bedrooms
4 Full Baths
3,186 SqFt
$191/SqFt
Multi

Location

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854-856 Lancaster Ave, Syracuse$609,000

Buyer Closing Credits

$7,232*

1.25% Loan Amount

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Property Highlights

Home TypeMulti Family
ParkingPaved, Two or More Spaces
Garage2 spaces
Year Built1915
HeatingNatural Gas, Forced Air
BasementYes
MLS #S1565742
Lot Size0.24 Acres
StatusAccepting Backup Offers
(Active Under Contract)

About 854-856 Lancaster Ave

Super Multi-Unit Investment Opportunity Near Syracuse University! a prime real estate opportunity offering not one but two structures and an adjacent lot in the heart of the University Neighborhood. Just moments from Syracuse University, this property provides an ideal investment or owner-occupancy potential with a total of 11 bedrooms across multiple units. The main building is a versatile two-family home. The first-floor unit features a spacious 3-bedrooms and 1 bath. The upper unit boasts 5 bedrooms and 2 bathrooms. In addition to the main house, the property includes a charming carriage house, complete with 3 bedrooms and 1 bath offering flexibility for rental income or a guest house / in-law suite. A paved driveway provides off-street parking for multiple vehicles. The property also comes with an adjacent lot, offering potential for expansion, outdoor recreation, or additional parking. With a total of 11 bedrooms, this property is a fantastic investment opportunity for those looking to capitalize on its proximity to campus. Don't miss out on this unique property with tons of possibilities!

Property Details

Property Features

Property Information:

  • Year Built: 1915
  • Stories: 2
  • Living Area: 3,186 SqFt

Listing Office:

  • Office Name: University Hill Realty Ltd
  • Office Phone: (315) 422-0709
  • Listing Agent: Daniel Murphy

Interior Features

Interior Information:

  • Appliances: Gas Water Heater
  • Basement: Yes
  • Flooring Type: Hardwood, Laminate, Varies

Bedroom and Bathroom Information:

  • Full Bathrooms: 4
  • Total Bedroom Count: 11

Exterior Features

Parking Information:

  • Garage Space: 2 spaces
  • Parking: Paved, Two or More Spaces

Virtual/3D Tour

  • Virtual Tour: 854-856 Lancaster Ave
Virtual Tour

Lot Features

Lot Information:

  • Lot: Near Public Transit
  • Lot Size: 0.24 Acres

Utilities

Utilities Information:

  • Heating: Natural Gas, Forced Air

Other

Directions Information:

  • Directions: Heading East on Euclid, turn left onto Lancaster Ave. House will be on your right.

Price Information

Listing Price Info

Price Summary:

  • List Price: $609,000
  • Price Per SqFt: $191/SqFt
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Housing Market Comparison

See how this home compares to others in Syracuse, NY.

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Syracuse, NY

City

Med. Sold Price

$180K

Med. Price/SqFt

$124

Avg. Days On Market

14

# of Sold Homes

157

854-856 Lancaster Ave vs Syracuse

96 DAYS ON ROCKET

+82 Days

$609,000

+$428.9K More

$191/SqFt

+$66 More

KEY TAKEAWAY

This property is $428.9K more than the Median Sold Price and $66/SqFt more than other homes in Syracuse, NY.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: NYS
  • MLS Number: #S1565742

Listing Office:

  • Office Name: University Hill Realty Ltd
  • Office Phone: (315) 422-0709
  • Listing Agent: Daniel Murphy

IDXThe data relating to real estate on this website comes in part from the Internet Data Exchange (IDX) Program of NYSAMLS’s. Real estate listings held by other firms are marked with theListing Broker’s Firm Name. Data provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties that consumers may be interested in purchasing. All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither the listing broker(s) nor this firm shall be responsible for any typographical errors, misinformation, misprints, and shall be held totally
harmless.

© 2024 CNYIS, UNYREIS, WNYREIS. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.

This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available.
Last updated on: 12/21/2024, 10:20:53 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

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Rate/APR

7.5% / 6.68%

Total Monthly Payment

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-810224
7
/10

  • Tecumseh Elementary School

  • 901 Nottingham Rd

  • 1.08 miles

  • Public District Grades KG-4

school-card-donut-810225
2
/10

  • McKinley-Brighton Elementary School

  • 141 W Newell St

  • 1.18 miles

  • Public District Grades PK-5

school-card-donut-810226
1
/10

  • Van Duyn Elementary School

  • 401 Loomis Ave

  • 1.90 miles

  • Public District Grades PK-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $77,632. The majority of Syracuse, NY residents have income between $35k-100k annually. Residents typically live in single, no kids family. Typical level of education for residents in this area is post secondary degree.

All data provided by Home Junction and Claritas

Rocket Homes›New York›Onondaga County›Syracuse›13210›854-856 Lancaster Ave

This home is located at 854-856 Lancaster Ave in Syracuse, NY and zip code 13210 in the Eastside neighborhood. This 3,186 square foot home, which was built in 1915, sits on a 0.24 acre lot. Features: 11 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since September 16, 2024 and is currently priced at $609,000.

Over 100 listings were sold over their listed price in November 2024 in Syracuse, NY. In the same period over 40 listings were sold below the listed price and 17 listings were sold for the listed price. The number of homes for sale in Syracuse, NY decreased by 20% between October 2024 and November 2024. Listings spent 14 days on the market in November 2024, and had a median list price of $180,080 during the same period.

From Rocket Homes Real Estate and based on county public records data.

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