SoldJun 17, 2025

Listed and Bought with Zachary Johnson from ACROPOLIS REALTY GROUP LLC - Syracuse

Source: Central New York Real Estate Information Service #S1589939

318 E Division St, Syracuse, NY, 13208

$285,000

4
6366 sq. ft.
3267 sq. ft.

Other

23 days on the market

Sold: Jun 17, 2025

What's around 318 E Division St

About this property

Prime Investment Opportunity – 5-Unit Mixed-Use Property This well-maintained 5-unit mixed-use building presents an excellent investment opportunity with strong rental income and upside potential. The property consists of four occupied residential units and one vacant commercial storefront, offering a diverse income stream. Key Features: • Strong Cash Flow – Currently grossing $5,332 per month, with the potential to reach the mid-$6,000s once the commercial space is leased. • Reliable Tenancy – A majority of the residential rent is subsidized, ensuring consistent and secure rental payments. • Separate Utilities – Individually metered gas and electric, minimizing landlord expenses. • Opportunity for Growth – The vacant storefront provides the chance to add value with a new tenant This property is perfect for investors seeking stable income with room to increase returns. Don’t miss out on this versatile and income-generating asset!

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