125 Kensington & Lancaster Road , Syracuse, NY 13210

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Property Description

University area gem! This high-performing corner-unit multifamily offers strong cash flow with two fully leased units generating $3,600/month in rental income. The 1BD/1BA lower unit rents for $1,400/month through July 2027, while the 4BD/1BA upper unit brings in $2,200/month, with renewal discussions underway and 2 bedrooms already leased through July 2027. Features include private entrances, stainless steel appliances, renovated bath, new refrigerator, new basement washer/dryer, separate water heaters, backyard parking, and abundant natural light. Ideally located directly across from the Centro Bus Station with campus service every 10 minutes, the property is also close to Syracuse University, hospitals, downtown dining, shopping, parks, and highways - making it highly attractive to students and professionals alike. A great opportunity for investors or owner-occupants seeking reliable income and long-term upside in one of Syracuse's strongest rental markets.

125 Kensington & Lancaster Road | MLS# S1679901

This home located at 125 Kensington & Lancaster Road , Syracuse, NY 13210 is currently listed for sale with an asking price of $324,800. This property was built in 1915 and has 5 bedrooms and 2 full baths with 2154 sq. ft. Kensington & Lancaster Road is located in the University Hill subdivision within the Syracuse school district. Search University Hill real estate on www.coldwellbankerprime.com today.

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Property Features

Property Type: Residential - Multiple
Basement: Full
Heating: Gas, ForcedAir
Home Style: Duplex
Lot Size: 0.12 Acres
Roof Type: Architectural, Shingle
Stories: 3.0
Taxes: $7,491
Year Built: 1915

Amenities

Attic
CedarClosets
ProgrammableThermostat
Balcony
Deck

Feature Descriptions

Appliances: GasWaterHeater
Community Features: TrailsPaths
Exterior: VinylSiding, WoodSiding, PexPlumbing
Flooring: Laminate, Resilient, Varies, Vinyl
Laundry: CommonArea
Lot: CornerLot, Rectangular, RectangularLot, ResidentialLot
Lot Dimensions: 132X40
Parcel#: 311500-052-000-0010-018-000-0000
Parking: Gravel, TwoOrMoreSpaces
Parking Notes: Gravel, TwoOrMoreSpaces
Patio/Porch: Balcony, Deck
Sewer: Connected
Units: 2
Utilities: SewerConnected, WaterConnected
Water: Connected, Public

Local Schools

School District: Syracuse

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Estimated Payment

$ 1,441.85 per month $722.86 Principal & Interest $624.25 Property Tax $94.73 Homeowner's Insurance

Change Payment Information

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yearly (est.)
(Payments are an estimate and may vary by lender)

Demographics

Listed By / Shown By

Listing By

Agency Name: NextHome CNY Realty
Agency Phone: 315-567-4663

Shown By

Agency Title: Coldwell Banker Prime Properties
Agency Phone: 866-323-CBPP

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