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575 MADISON AVENUE, NEW YORK, NY 10022. 212.891.7000 © 2025 DOUGLAS ELLIMAN REAL ESTATE. EQUAL EMPLOYMENT OPPORTUNITY PROVIDER. ALL MATERIAL PRESENTED HEREIN IS INTENDED FOR INFORMATION PURPOSES ONLY. WHILE THIS INFORMATION IS BELIEVED TO BE CORRECT, IT IS REPRESENTED SUBJECT TO ERRORS, OMISSIONS, CHANGES, OR WITHDRAWAL WITHOUT NOTICE. ALL PROPERTY INFORMATION, INCLUDING, BUT NOT LIMITED TO SQUARE FOOTAGE, ROOM COUNT, NUMBER OF BEDROOMS, AND THE SCHOOL DISTRICT IN PROPERTY LISTINGS SHOULD BE VERIFIED BY YOUR OWN ATTORNEY, ARCHITECT, OR ZONING EXPERT. EQUAL HOUSING OPPORTUNITY.LISTING DATA REFRESHED ON JUL 21 2025 AT 4:38 AM.

DOUGLAS ELLIMAN IS A LICENSED REAL ESTATE BROKER IN CALIFORNIA WITH LICENSE # 01947727, COLORADO WITH LICENSE # EC100053892, CONNECTICUT WITH LICENSE # REB.0314827, THE DISTRICT OF COLUMBIA WITH LICENSE # REO40000160, FLORIDA WITH LICENSE # CQ1020232, MARYLAND WITH LICENSE # 645270, MASSACHUSETTS WITH LICENSE # 422764, NEVADA WITH LICENSE # 1454643, NEW JERSEY WITH LICENSE # 0572105, NEW YORK WITH LICENSE # 10991211812, TEXAS WITH LICENSE # 9008706, AND VIRGINIA WITH LICENSE # 0226035659.

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866 Lancaster Ave

syracuse, NY 13210

$599,900

  • 5 BR
    APPROX. 5,440 SF
  • contract signed

INTERESTED? LET'S CONNECT

Prime 5-Unit investment opportunity in the heart of Syracuse University neighborhood!
Located just minutes from Syracuse University, this rare five-unit property offers an unmatched combination of size, location, and layout—perfect for investors seeking strong rental potential in a high-demand area. This property currently generates over $6,500 in monthly gross income, with room to increase rents according to market value, currently setup with four 1-bedroom apartments and one 3 bedroom apartment.. The property is well maintained featuring spacious units, each designed for comfort, with functional layouts that maximize rental income.

Details

5,440 Sq Ft

5,280 Sq Ft Exterior Space

Investment

$14,605 Annual Tax

Built in 1920

MLS/Listing ID S1596254

3 Stories

5 Units

Amenities & Features

Parking - One Space

Parking - Garage

Deck

Gas Water Heater

Construction - Wood Siding

Hardwood

Laminate

Furnished

Heating - Gas

Common Area

ESMIR OMEROVIC - 888-276-0630

NYS

Source of Data: NEW YORK STATE MLS

Interested in 866 Lancaster Ave?