What a great location!! Strategically located two-family investment property in close proximity to SUNY Oswego, one of the region’s largest demand drivers for both student and faculty housing. Properties in this area benefit from consistent rental turnover, strong leasing cycles, and long-term demand.
The rear apartment (Apt 2) is a spacious four-bedroom unit currently leased to long-term tenants at $1,500 per month, providing immediate, predictable income.
The front apartment (Apt 1) is currently operating as an Airbnb and has been professionally styled. Its layout and location make it equally suitable for short-term rental use, visiting professors, traveling professionals, or future long-term student or workforce housing. It has 3 spacious bedrooms and 1 bath with in unit laundry and 2 levels each.
With two separate units and private entrances, this property offers multiple income strategies:
Long-term student rentals, Short-term Airbnb income, or Hybrid rental model including Owner Occupied.
Located minutes from campus, downtown Oswego, restaurants, shopping, and the waterfront — an area with historically strong occupancy and limited two-family inventory. The location is wonderfully located by the historic district of Oswego, and you walk to Lake Ontario! aad a number of parks. Breitbeck Park – A scenic lakeside park on the shores of Lake Ontario with walking paths, picnic areas, playgrounds, courts, and great lake views. Fort Ontario State Historic Site, Franklin Square, Washington Square Park, Linear Park West & Linear Park East, and Montcalm Park, to name a few more.
This will make a great home or addition to your portfolio.