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  • $249,900

    514 Highland St, Syracuse, NY 13203

    4beds
    5,037sqft
    Mixed Use, Quadruplex, Multi Family
    Built in 1900
    -- sqft lot
    $-- Zestimate®
    $50/sqft
    $-- HOA

    What's special

    AN EXCELLENT INVESTMENT OPPORTUNITY AWAITS ON SYRACUSE'S NORTHSIDE WITH THIS MIXED-USE PROPERTY GENEREATING IMMEDIATE CASH FLOW! Currently bringing in a total of $3,750 per month in gross income, this property offers a rare combination of residential and commercial rental streams. The ground floor features a long-standing, fully operational grocery store on a lease that runs through June 2026, providing stable, ongoing commercial income. Also on the first floor is a rented studio apartment. Upstairs, the second floor houses two additional rental units: a 3-bedroom apartment renting for $1,400/month, and a 1-bedroom apartment at $700/month. All residential tenants are on month-to-month leases, giving new ownership flexibility for rent increases or future upgrades. Whether you're expanding your portfolio or looking for a cash-flowing asset in a high-demand area, this property checks all the boxes. Delayed showings until Tuesday 8/12/25.
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    Zillow last checked: 7 hours ago

    Listing updated: August 08, 2025 at 02:02pm

    Listing by:

    Bell Home Team 315-216-7648,

    Heather Noel Baldwin 315-317-9240

    Source: NYSAMLSs,MLS#: S1628986MLS 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 514 Highland St.

    Next available tour time:Today at 11am

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 4
    • Full bathrooms: 3
    • 1/2 bathrooms: 1
    Heating
    • Gas, Forced Air
    Appliances
    • Included: Gas Water Heater
    Features
    • Flooring: Varies, Vinyl
    • Basement: Full
    • Has fireplace: No
    Interior area
    • Total structure area: 5,037
    • Total interior livable area: 5,037 sqft

    Property

    Parking
    • Parking features: Paved, Two or More Spaces
    Features
    • Levels: Two
    • Stories: 2
    • Patio & porch: Balcony
    • Exterior features: Balcony
    Lot
    • Size: 3,301.85 Square Feet
    • Dimensions: 33 x 100
    • Features: Corner Lot, Near Public Transit, Rectangular, Rectangular Lot, Residential Lot
    Details
    • Parcel number: 31150001600000110160000000
    • Zoning description: Residential Multi Use
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Architectural style: Fourplex
    • Property subtype: Mixed Use, Quadruplex, Multi Family
    Materials
    • Aluminum Siding, Shake Siding, Vinyl Siding
    • Foundation: Stone
    • Roof: Asphalt,Shingle
    Condition
    • Resale
    • Year built: 1900

    Utilities & green energy

    • Sewer: Connected
    • Water: Connected, Public
    • Utilities for property: Cable Available, High Speed Internet Available, Sewer Connected, Water Connected

    Community & HOA

    Community
    • Subdivision: City/Syracuse
    Location
    • Region: Syracuse

    Financial & listing details

    • Price per square foot: $50/sqft
    • Tax assessed value: $40,000
    • Annual tax amount: $3,361
    • Date on market: 8/8/2025
    • Listing terms: Cash
    • Tenant pays: All Utilities
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