514 Highland Street, Syracuse, NY 13203
- $175,000
- 4
- BD
- 4
- BA
- 5,037
- SqFt
- List Price
- $175,000
- Status
- ACTIVE
- MLS#
- S1628986
- Price Change
- ▼ $24,000 1783893802
- Year Built
- 1900
- Stories
- 2
- Bedrooms
- 4
- Bathrooms
- 4
- Baths Half
- 1
- Acres
- 0.08
- Living Area
- 5,037
- Subdivision
- City/Syracuse
- Region
- Syracuse City
- Neighborhood
- City/Syracuse
Property 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.
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Additional Information
- Taxes
- $3,361
- Exterior Features
- Balcony
- Style
- Fourplex
- School District
- Syracuse
- Elementary School
- Other - See Remarks
- Middle School
- Lincoln Middle
- High School
- Henninger High
- Water
- Connected, Public
- Sewer
- Connected
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Listing courtesy of Bell Home Team. Contact: