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406 Park Avenue, Syracuse, NY 13204

Syracuse
Local realty services provided by:CENTURY 21 Galloway Realty
406 Park Avenue,Syracuse, NY 13204
$300,000
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  • 5 Beds
  • - Baths
  • 4,655 sq. ft.
  • Multi-family
  • Active
Listed by: sarah oot
Office: brick and linen llc.
MLS#:S1697906
Source:NY_GENRIS

Price summary

  • Price:$300,000
  • Price per sq. ft.:$64.45

About this home

Investment Opportunity! This 5-unit apartment building offers an excellent opportunity for investors seeking immediate rental income with room to add value over time. The property features five spacious 1 bedroom apartments, each with hardwood floors, and is occupied by long-term tenants, providing steady cash flow from day one. Conveniently located in a desirable area with easy access to major highways, public transportation, shopping, and everyday amenities, this property continues to attract and retain tenants. Major infrastructure improvements have already been completed, including a new sewer line and new water line, reducing future maintenance concerns. While there is opportunity for cosmetic updates and continued improvements, the property is already producing income, making it an ideal investment for buyers looking to generate cash flow while building long-term equity.

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Home facts

  • Year built:1940
  • Subdivision & Development:Smiley
  • Listing ID #:S1697906
  • Added:42 day(s) ago
  • Updated:August 23, 2026 at 02:53 PM

Rooms and interior

  • Bedrooms:5
  • Flooring:Hardwood, Laminate, Varies
  • Kitchen Description:Refrigerator
  • Basement:Yes
  • Basement Description:Full, Sump Pump, Walk Out Access
  • Living area:4,655 sq. ft.

Heating and cooling

  • Heating:Hot Water

Structure and exterior

  • Roof:Asphalt
  • Year built:1940
  • Building area:4,655 sq. ft.
  • Lot area:0.21 Acres
  • Lot Features:Corner Lot, Rectangular
  • Construction Materials:Block, Concrete, Copper Plumbing
  • Levels:3 Stories

Utilities

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

Finances and disclosures

  • Price:$300,000
  • Price per sq. ft.:$64.45
  • Tax amount:$6,051

Features and amenities

  • Appliances:Gas Range, Refrigerator
  • Laundry features:Common Area

Parking

  • Parking description:No Garage

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