Welcome to 420 Schaffer Ave, a two-family property located in the Lyncourt area. Each unit features 3 bedrooms and 1 full bathroom, offering spacious layouts and hardwood floors throughout. This property is offers the opportunity for an owner-occupant looking to offset their mortgage with rental income or an investor seeking a solid addition to their portfolio. Both units are currently tenant-occupied on a month-to-month basis, generating over $33,000 in gross annual rental income. The property includes a full basement for additional storage and off-street parking adds convenience for residents. Situated close to major highways, restaurants, shopping, and public transportation, this location offers strong rental demand and excellent accessibility. Within the East Syracuse Minoa (ESM) School District. Whether you're house hacking or expanding your rental holdings, 420 Schaffer Ave delivers long-term value in a high-demand market.
Closed
$240,000
420 Schaffer Ave, Syracuse, NY 13206
6beds
2,280sqft
Multi Family
Built in 1949
-- sqft lot
$240,400 Zestimate®
$105/sqft
$1,753 Estimated rent
What's special
Zillow last checked: 7 hours ago
Listing updated: July 24, 2025 at 08:26am
Listed by:
Ryan Yamini 315-699-3200,
Hunt Real Estate ERA
Bought with:
Ingrid F Pineda, 10301223494
Kirnan Real Estate
Source: NYSAMLSs,MLS#: S1602905
Originating MLS: Syracuse

Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 2
- Full bathrooms: 2
Heating
- Gas, Baseboard, Forced Air, Hot Water
Appliances
- Included: Gas Water Heater
Features
- Ceiling Fan(s)
- Flooring: Ceramic Tile, Hardwood, Resilient, Varies
- Basement: Full,Walk-Out Access
- Has fireplace: No
Interior area
- Total structure area: 2,280
- Total interior livable area: 2,280 sqft
Property
Parking
- Parking features: Two or More Spaces
Features
- Levels: Two
- Stories: 2
Lot
- Size: 7,278 sqft
- Dimensions: 91 x 80
- Features: Corner Lot, Irregular Lot, Near Public Transit, Residential Lot
Details
- Parcel number: 31488907000000110180000000
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Aluminum Siding, Copper Plumbing
- Foundation: Block
Condition
- Resale
- Year built: 1949
Utilities & green energy
- Electric: Circuit Breakers
- Sewer: Connected
- Water: Connected, Public
- Utilities for property: Cable Available, Sewer Connected, Water Connected
Community & neighborhood
Location
- Region: Syracuse
- Subdivision: Syracuse Gardens
Other
Other facts
- Listing terms: Cash,Conventional,FHA