Active

1265 W Genesee Street

Syracuse, NY 13204

$1,270,000 $5,354/Mo

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Overview

Bed

Bath

13,167

Sqft

0.22

Acre(Lot)

Description

ATTENTION MULTIFAMILY INVESTORS! Opportunity awaits at 1265 W Genesee Street on Syracuse’s West Side! This 21-UNIT APARTMENT COMPLEX offers the size, location, improvements, and multiple income streams investors are looking for. Conveniently located just minutes from Downtown Syracuse, this three-story building sits on a 0.22-acre lot and features recently renovated units throughout. A major investment advantage TENANTS HAVE INDIVIDUAL UTILITY BILLS, with electric baseboard heat and individual A/C units, helping reduce owner-paid utility expenses. Public utilities service the property. Designed with convenience in mind, the property features a U-shaped driveway providing easy ingress and egress, plus a designated rear parking lot for tenants. Additional revenue opportunities include on-sit e coin-operated laundry and storage units available for additional monthly income. Built in 1940 and positioned in an established Syracuse rental market, this 21-unit property offers an opportunity to acquire a substantial multifamily asset with renovated units, tenant-paid utilities, parking, and supplemental income sources already in place. ADD 21 UNITS TO YOUR PORTFOLIO IN ONE TRANSACTION! Whether you're expanding an established multifamily portfolio or seeking your next investment opportunity, 1265 W Genesee Street deserves a closer look. The opportunity is here—this could be just the beginning!

Property Details

Property Type : Residential Income

Price : $1,270,000

AD Id : 91429821

MLS Id : S1714087

Beds : 16

Lot Size : 0.22 Acre

Living Area Size : 13,167 Sq. Ft

Tax Amount : $24,550

Year Built : 1940

County : Onondaga

Subdivision: Lincoln Jones

Map

What's Nearby

Nearby Areas

Features

Bedroom Information

Total beds: 16

Room Information

Has Basement: Yes Basement: Full
Flooring Information

Carpet, Tile, Varies, Vinyl
Roofing Information

Asphalt
Interior Features

Roof: Asphalt Appliances: Electric Cooktop, Electric Water Heater, Gas Water Heater, Refrigerator Laundry Features: Common Area
Heating & Cooling

Has Heating: Yes Heating: Natural Gas, Electric, Baseboard

Building Information

Year Built: 1940 Building Area Total: 13167 Construction Materials: Aluminum Siding, Vinyl Siding, Wood Siding Stories: 3 Private Pool: No

Lot Information

Lot Dimensions: 100X95 Main Square Feet: 0.2181 Acres Lot Size Acres: 0.2181 Lot Size Square Feet: 9500 Lot Description: Near Public Transit, Rectangular Lot

Property Information

Subdivision: Sackett Source Property Type: Residential Income Property Age: 86

Listing Price Information

Listing Price: $1270000 Cash

Tax Information

Parcel Number: 311500-108-002-0007-002-000-0000 Tax Lot: 2 Annual Tax: $24550

Parking Information

Driveway, No Garage, Shared Driveway

Utility Information

Sewer Connected, Water Connected
Location Information

Direction: Take I-81 to Exit 5B-5A-4B Hiawatha Blvd to 690 W Exit 22. Right on Bear Street W, Left on Liberty Street, Right on W Genesee Street property is on the Left just before Harrison Bakery WaterSource: Public

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Nearby Home Value

Address	Estimate	Bed	Bath	Sq. Ft	Lot Size
526 Plum Street #404, Syracuse, NY, 13204	$389,900	2	2	1,322	0.28 Acre
147 Coolidge Avenue, Syracuse, NY, 13204	$144,900	4	2	1,692	0.11 Acre
406 Park Avenue, Syracuse, NY, 13204	$300,000	5	--	4,655	0.21 Acre
308 Putnam Street, Syracuse, NY, 13204	$129,900	4	2	1,182	0.10 Acre
1205 S Geddes Street, Syracuse, NY, 13204	$249,000	8	4	7,402	0.15 Acre
1112 S Geddes Street, Syracuse, NY, 13204	$239,400	5	3	1,934	0.07 Acre
311 Rowland Street, Syracuse, NY, 13204	$149,900	3	2	1,568	0.13 Acre
623 S Wilbur Ave, Syracuse, NY, 13204	$190,000	3	1	1,148	0.04 Acre
1062 W Genesee St St, Syracuse, NY, 13204	$445,000	5	--	4,285	0.24 Acre
744 Park Avenue, Syracuse, NY, 13204	$385,000	5	4	8,880	0.08 Acre

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ByOwner last updated this listing 10/07/2026 @ 08:05

MLS: S1714087 LISTED BY: Candy Costa, Candy Costa Real Estate LLC 315-505-6609 SOURCE: Central New York Information Services