Turnkey investment opportunity in Syracuse’s highly desirable Tipp Hill neighborhood! This side by side duplex offers two spacious 4 bed, 1 bath units, each with a large living room, formal dining room, kitchen, and full basement. One unit is leased at $1,550/month plus utilities, while the renovated vacant unit offers immediate lease-up potential at a market rent of $2,100/month, allowing investors to maximize income from day one. Recent capital improvements include a new architectural roof (2026) with transferable warranty, fresh exterior paint, new stone façade. Vinyl replacement windows. Separate utilities. Two furnaces, 2 hot water tanks, two 100-amp electrical panels, 2 laundry hook ups.. The vacant unit has been renovated with fresh paint, premium 22mm luxury vinyl plank flooring, updated appliances w/ a new stainless steel gas range. Situated on a corner lot adjacent to a park and just minutes from Downtown Syracuse, Coleman’s, The Blarney Stone, Brooklyn Pickle, and other Tipp Hill amenities, this low-maintenance asset offers strong in-place income, immediate upside through lease-up, and excellent longterm appreciation potential. A rare opportunity to add a quality cash-flowing property to your portfolio!
2,464 Sq Ft
3,350 Sq Ft Lot Size
townhouse
$466 Monthly Tax
Built in 1930
MLS/Listing ID S1694890
2 Stories
2 Units
Stone
Laminate
Enclosed Porch
Construction - Composite Siding
Construction - Copper Plumbing
Construction - Frame
Style - Duplex
Gas Water Heater
Public Water
Water
Community Sewer
Shingle
Thermal Windows
Porch
Parking - No Driveway
Parking - On Street
Lot - Corner Lot
Lot - Near Public Transit
Lot - Rectangular Lot
Washer Hookup
Natural Woodwork
Programmable Thermostat
Heating - Forced Air
Heating - Gas
TOTAL MONTHLY COST
$0
$0
$0