Strong addition to any student housing portfolio just a short walk to Syracuse University Campus. This 4,000+ sq ft property offers 7 bedrooms and 2 full baths, last rented at $800 per bedroom and delivered fully furnished. The home features updated kitchens w new appliances and baths, fresh paint interior/exterior, natural hardwood floors, original woodwork, and a striking double-sided staircase that adds character. Additional highlights include private off-street parking, deck off the back, an oversized driveway accommodating 6+ vehicles, and a walkout lower level with laundry. The finished third floor includes a second kitchen, full bath and 3 bedrooms, offering flexibility for an owner’s suite or the potential to expand to a 10-bedroom layout—significantly increasing rental income. Immediate cash flow with upside potential—don’t miss this high-performing investment opportunity.
Based on the average sale price from the Fayetteville, NY office
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Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA, or jumbo loans.
Mortgage calculator provided courtesy of Inside Real Estate.
1061 Lancaster Avenue Syracuse, NY is a Single Family Home for sale at $449900 with 4130 sqft and a lot size of 0.1152 Acres Acre(s). 1061 Lancaster Avenue Syracuse has 7 bedrooms, 3 baths and was built in 1920. The property's zip code is 13210 which is in Syracuse, NY
*Information deemed reliable but not guaranteed.
Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Mortgage calculator provided courtesy of Inside Real Estate.
All information deemed reliable, but not guaranteed, and should be independently verified. The real estate information and related content displayed on this site is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.