221 Grace ST Active Save Request In-Person Tour Request Virtual Tour
Syracuse,NY 13204
Key Details
Property Type Multi-Family, Mobile Home
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
Square Footage 1,862 sqft
Price per Sqft $91
MLS Listing ID S1604093
Style Duplex
Bedrooms 6
Full Baths 2
Construction Status Existing
HOA Y/N No
Year Built 1900
Annual Tax Amount $1,854
Lot Size 1.360 Acres
Acres 1.36
Lot Dimensions 50X132
Property Sub-Type Multi Family
Property Description
Excellent investment opportunity on Syracuse's West Side with strong income potential and owner-occupant flexibility. This well-maintained duplex features two spacious 3-bedroom, 1-bath units with separate utilities — a key advantage for reducing landlord expenses. The first-floor unit has been recently renovated and is move-in ready, while the second-floor unit is tenant occupied, offering immediate rental income. With only one unit currently leased, this is an ideal setup for an investor looking to live in one unit while renting the other, or for a full lease-up to maximize returns. The property boasts hardwood floors, generous room sizes, and a clean, well-kept interior throughout. A large detached garage provides additional value for storage and the spacious yard adds outdoor appeal for tenants or future improvements. Projected gross annual rent exceeds $25,000 when fully occupied, making this a solid cash-flowing asset in a growing rental market.
Location
State NY
County Onondaga
Area Syracuse City-311500
Direction S.GEDDES TO DELAWARE TURN LEFT ON GRACE HOUSE ON RIGHT
Rooms
Basement Full
Interior
Heating Gas,Forced Air
Flooring Ceramic Tile,Hardwood,Resilient,Varies
Fireplace No
Appliance Gas Water Heater
Exterior
Exterior Feature Balcony,Fence
Garage Spaces 1.0
Fence Partial
Utilities Available Sewer Connected,Water Connected
Roof Type Asphalt,Shingle
Porch Balcony
Garage Yes
Building
Lot Description Near Public Transit,Rectangular,Rectangular Lot,Residential Lot
Story 2
Foundation Stone
Sewer Connected
Water Connected,Public
Architectural Style Duplex
Level or Stories Two
Structure Type Composite Siding,Copper Plumbing
Construction Status Existing
Schools
School District Syracuse
Others
Senior Community No
Tax ID 311500-092-000-0009-002-000-0000
Acceptable Financing Cash,Conventional
Listing Terms Cash,Conventional
Special Listing Condition Standard
Virtual Tour https://www.propertypanorama.com/instaview/syr/S1604093