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405 Cogswell Avenue, Syracuse, NY 13209

Syracuse
Local realty services provided by:CENTURY 21 North East
405 Cogswell Avenue,Syracuse, NY 13209
$649,000
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  • 9 Beds
  • - Baths
  • 7,898 sq. ft.
  • Multi-family
  • Active
Listed by: ryan yamini, zach oneill
Office: hunt real estate era
MLS#:S1704002
Source:NY_GENRIS

Price summary

  • Price:$649,000
  • Price per sq. ft.:$82.17

About this home

Historically high occupancy, very low vacancy, consistent rental demand, and additional upside potential make this 6-unit Solvay property a strong addition to an investment portfolio. The property is currently 100% occupied, generating $6,635 in gross monthly rent and $79,620 in gross annual rental income. Several units are currently rented below prevailing market rates, creating an opportunity for future income growth as leases turn over and rents are adjusted over time. Each tenant pays their own apartment utilities, including heat, electric and cable. Connections to Route 690, Fairmount retail centers, Downtown Syracuse, area hospitals and major employers. 405 Cogswell Ave offers an attractive opportunity for investors seeking both current cash flow and future income growth.

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Home facts

  • Year built:1960
  • Listing ID #:S1704002
  • Added:46 day(s) ago
  • Updated:October 31, 2026 at 08:36 PM

Rooms and interior

  • Bedrooms:9
  • Flooring:Carpet, Hardwood, Varies, Vinyl
  • Basement:Yes
  • Basement Description:Full
  • Living area:7,898 sq. ft.

Heating and cooling

  • Heating:Baseboard, Electric

Structure and exterior

  • Roof:Shingle
  • Year built:1960
  • Building area:7,898 sq. ft.
  • Lot area:0.14 Acres
  • Lot Features:Rectangular, Residential Lot
  • Construction Materials:Brick, Frame
  • Levels:2 Stories

Utilities

  • Water:Connected, Public, Water Connected
  • Sewer:Connected, Sewer Connected

Finances and disclosures

  • Price:$649,000
  • Price per sq. ft.:$82.17
  • Tax amount:$9,980

Features and amenities

  • Laundry features:Electric Water Heater

Parking

  • Parking description:No Garage, Two Spaces

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