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.
Active
$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
- 1 day
- on Zillow |
- 156 |
- 9 |
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#: S1628986
Originating MLS: Syracuse

Travel times
Tour with a buyer's agent
Tour with a buyer's agent
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
Video & virtual tour
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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