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125 Kensington & Lancaster Road, Syracuse, NY 13210

$348,700
  • 125 Kensington & Lancaster Road, Syracuse, NY 13210 Main Photo

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Active
BEDS5 BATHS2 full SQUARE FEET2,154 MLS#S1674106
STATUSActive PROPERTY TYPEMulti Unit - Multiple SUBDIVISIONUniversity Hill SCHOOLSyracuse

Property Description

Fantastic opportunity to own a University area multifamily in Syracuse! This spacious property offers strong income potential and flexibility for both investors and owner-occupants. Featuring two units with generous living spaces, hardwood floors, and classic architectural charm, this property blends character with functionality. First floor generates $1400/mo and new lease is from June 26, 2026 to July 31, 2027. This unit is a 1 bedroom/1 bathroom, and 2nd floor generates $2200/mo and lease expires July 31, 2026. This unit is a 4 bedroom/1 bathroom. Each unit offers comfortable layouts with ample natural light, making it attractive for tenants in a high-demand rental area near Syracuse University, hospitals, and downtown. The property includes separate living areas, sizable bedrooms, and a layout ideal for steady rental income or house-hacking. Newer vinyl siding, updated kitchen, newer flooring, newer windows, & newer hot water heater. Includes free basement laundry. Virtual staging highlight the home's potential, while the exterior offers a welcoming front porch. Conveniently located near shopping, restaurants, parks, and major highways, this is a prime location for long-term or student rental demand. Whether you're looking to expand your portfolio or live in one unit while generating income from the others, this property delivers excellent value and upside potential. Don't miss this opportunity to own a versatile, income-producing property in one of Syracuse's most sought-after rental corridors!

125 Kensington & Lancaster Road | MLS# S1674106

This multi-family property located at 125 Kensington & Lancaster Road, Syracuse, NY 13210 is currently listed for sale with an asking price of $348,700. Kensington & Lancaster Road is located within the Syracuse school district. Search Syracuse real estate on jknight.mjpeterson.com today.

Property Features

Property Type: Multi Unit - Multiple
Basement: Full
Heating: Gas, Forced Air
Home Style: Duplex
Lot Size: 0.12 Acres
Roof Type: Architectural, Shingle
Stories: 3.0
Taxes: $7,491
Year Built: 1915

Amenities

Attic
Cedar Closet(s)
Programmable Thermostat
Balcony
Deck

Feature Descriptions

Appliances: Gas Water Heater
Days on Site: 8
Exterior: Vinyl Siding, Wood Siding, PEX Plumbing
Flooring: Laminate, Resilient, Varies, Vinyl
Laundry: Common Area
Lot: Corner Lot, Near Public Transit, Rectangular, Rectangular Lot, Residential Lot
Lot Dimensions: 132X40
Parcel#: 311500-052-000-0010-018-000-0000
Parking: Gravel, Two or More Spaces
Parking Notes: Gravel, Two or More Spaces
Patio/Porch: Balcony, Deck
Sewer: Connected
Units: 2
Utilities: Sewer Connected, Water Connected
Water: Connected, Public

Local Schools

School District: Syracuse

Listed By / Shown By

Listing By

Agency Name: NextHome CNY Realty
Agency Phone: 315-567-4663

Shown By

Agent Name: Jim Knight
Agent Phone: (716) 998-0199
Agency Title: MJ Peterson Real Estate

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Estimated Payment

$ 1,502.01 per month $776.06 Principal & Interest $624.25 Property Tax $101.70 Homeowner's Insurance

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