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Listed price in listed location currency (USD).
$199,000

440

MLS® S1628986

Overview

Key Facts

Type Mixed Use
Levels Residential
Size 5037 sqft
Garage 
Taxes $3,361
Days Active 267
Lot Size 
Approx. Age 1900
Avg. Price Per Sqft $39
MLS® Number S1628986

Property Address: 514 Highland St, Syracuse, NY, 13203-1513

Average square foot calculated using Size range provided by listing agent.

Description

AN EXCELLENT INVESTMENT OPPORTUNITY AWAITS ON SYRACUSE'S NORTHSIDE WITH THIS MIXED-USE PROPERTY GENEREATING IMMEDIATE CASH FLOW! Currently bringing in a total of $3, 750 per month in gross income, this property offers a rare combination of residential and commercial rental streams. The ground floor features a long-standing, fully operational grocery store on a lease that runs through June 2026, providing stable, ongoing commercial income. Also on the first floor is a rented studio apartment. Upstairs, the second floor houses two additional rental units: a 3-bedroom apartment renting for $1, 400/month, and a 1-bedroom apartment at $700/month. All residential tenants are on month-to-month leases, giving new ownership flexibility for rent increases or future upgrades. Whether you're expanding your portfolio or looking for a cash-flowing asset in a high-demand area, this property checks all the boxes. Delayed showings until Tuesday 8/12/25.
MLS® NumberS1628986
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age1900
BasementFull
DrivewayPaved, Two Or More Spaces
Garage Spaces
Heat
A/C
Heating Fuel

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Aug 8, 2025List Date
$199,000List Price

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