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photo 0: 1918 South Avenue 22, Syracuse NY 13207
photo 1 : 1918 South Avenue 22, Syracuse NY 13207
photo 2 : 1918 South Avenue 22, Syracuse NY 13207

Active Under Contract

1918 South Avenue 22, Syracuse NY 13207

MLS# S1637310

$345,000

Price

4

Beds

4

Baths


4,800

Living Area (Sq.Ft.)

0.097

Lot Area (Acres)

Unique opportunity to own a mixed-use building on an extremely busy street corner with billboards! The billboards on the side of the building are leased to Lamar for $2,000 per year. All tenants are month-to-month besides barber shop, they expire April of 2026. Barber Shop (bottom right unit) pays $950 per month. Other commercial unit pays $670/month. Upstairs apartments are both 2 bedrooms and pay $800 & $915 per month each on month to month leases. All units are separately metered for gas & electric and have their own furnace and hot water heater. Roof is roughly 4 years old. Entire parking lot behind the building is included in the purchase. With well below market rates, there is plenty of upside potential in bringing tenants to market rates of $1,000+ per commercial units, $1,100+ per apartment units and renegotiating the billboard lease with Lamar to $3,600+ per year!

Status

Active Under Contract

Property Type

Residential

Property Sub Type

MixedUse

Year Built

1940

Parcel Number

311500-079-000-0016-008-001-0000

Unit Number

22

Lot Features

Near Public Transit, Rectangular, Rectangular Lot

Levels

Two

Lot Size Dimensions

32X132

Stories

2

Bath Rooms Full

2

Bath Rooms Half

2

Property Condition

Resale

Elementary School District

Syracuse

Middle Or Junior School District

Syracuse

High School District

Syracuse

Location

Listing Agent

Dante Belmonte

Listing Office

Hunt Real Estate ERA

Owner Name

--

Owner Phone

--

Possession

CloseOfEscrow

Special Listing Conditions

Estate

Listing Terms

Cash

Listing Agreement

ExclusiveRightToSell

Listing Contract Date

2025-09-11

Owner Pays

Water

Rent Includes

Water

Fire Places Total

0

Flooring

Laminate, Varies

Heating

true

Heating Features

Gas, Forced Air

Appliances

Gas Water Heater

Garage

--

Garage Spaces

0

Architectural Style

Fourplex

Water Source

Connected, Public

Sewer

Connected

Utilities

Sewer Connected, Water Connected

Parking Features

Paved, Two Or More Spaces

Basement

Full

Construction Materials

Brick

No schools found

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