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338 Vine Street

Syracuse, NY 13203

$185,000 $779/Mo

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Overview

Bed

Bath

2,636

Sqft

0.08

Acre(Lot)

Description

Excellent investment opportunity with strong income potential! This up-and-down multi-family property features two spacious units, each offering three bedrooms and one full bathroom. Both units provide comfortable layouts with ample living space, making them attractive to long-term tenants or owner-occupants looking to offset expenses. There are beautiful porches in each unit and a spacious backyard. The property has been consistently occupied. The tenant on the 2nd floor has been there over 20 yrs & the rent has stayed very low over those years, 1st floor was owner occupied—presenting a significant opportunity for investors to update rental rates and maximize returns (rents should be in the $1800-$2100 range). With some strategic improvements, this property could generate substantial cas h flow. Don’t let the exterior fool you—the inside of both units is in much better condition than the outside suggests. Each apartment offers solid living space with great potential for further enhancement. Whether you're expanding your portfolio or searching for a property with upside potential, this is a rare chance to invest in a multi-family home with built-in equity and room for growth. The kitchen & dining room light ceiling fixtures in the 1st floor appartment will not convey, they will be replaced with new ones. Delayed showing until 7-13-26

Property Details

Property Type : Residential

Price : $185,000

AD Id : 87842752

MLS Id : S1696845

Beds : 6

Lot Size : 0.08 Acre

Living Area Size : 2,636

Year Built : 1900

County : Onondaga

Map

What's Nearby

Nearby Areas

Features

Bedroom Information

Total beds: 6

Bathroom Information

Total Baths: 2 Full Baths: 2

Room Information

Has Basement: Yes Basement: Full
Flooring Information

Ceramic Tile, Hardwood, Laminate, Varies, Vinyl
Interior Features

Appliances: Gas Water Heater
Heating & Cooling

Has Heating: Yes Heating: Natural Gas, Forced Air

Building Information

Year Built: 1900 Building Area Total: 2636 Construction Materials: Aluminum Siding Stories: 2 Private Pool: No

Lot Information

Lot Dimensions: 33X103 Main Square Feet: 0.078 Acres Lot Size Acres: 0.078 Lot Size Square Feet: 3399 Lot Description: Near Public Transit, Rectangular Lot

Listing Price Information

Listing Price: $185000 Cash, Conventional, FHA, VA Loan

Tax Information

Parcel Number: 311500-029-000-0011-012-000-0000 Tax Lot: 12 Annual Tax: $3129

Virtual Tour

Virtual Tour (External Link)

Parking Information

Other, On Street, See Remarks

Utility Information

Sewer Connected, Water Connected
Location Information

WaterSource: Public

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