MP Home Team

1008 1st North Street
Syracuse, NY, 13208
$240,000
7 Beds
3 Baths
3,274 SqFt
0.3 Acres
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MLS #S1687243 image #0
Welcome to 1008 1st North Street, Syracuse, NY — a solid income-producing 3-unit property offering immediate cash flow and future upside. This well-positioned multifamily asset features three residential units, with two currently occupied by reliable long-term tenants, providing stable rental income from day one.



The occupied units generate a combined $2,750 per month in rent ($1,400 and $1,350), while the third unit is vacant and ready for a new tenant, owner-occupant, or value-add improvements to maximize returns. Long-term tenancy reflects the property’s desirability and provides investors with confidence in the existing income stream.



Whether you’re looking to expand your rental portfolio, house hack, or add a cash-flowing asset in the growing Syracuse market, this property offers flexibility and opportunity. Conveniently located near downtown Syracuse, major employers, public transportation, shopping, and restaurants, 1008 1st North Street is positioned for both strong tenant demand and long-term investment potential.



Don’t miss your chance to own a multifamily property with established income, a vacant unit ready for additional revenue, and upside potential in one of Syracuse’s most active rental markets.

Property Details

Price:
$240,000
MLS #:
S1687243
Status:
ActiveUnderContract
Beds:
7
Baths:
3
Type:
Multi Family
Subtype:
MultiFamily
Subdivision:
Washington Square
Neighborhood:
syracusecity311500
Listed Date:
Jun 8, 2026
Finished Sq Ft:
3,274
Total Sq Ft:
3,274
Lot Size:
13,068 sqft / 0.30 acres (approx)
Year Built:
1910
Units:
3
Syracuse City-311500Syracusecity311500Washington SquareSyracuseProbate

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Schools

School District:
Syracuse

Interior

Appliances
Gas Water Heater
Bathrooms
3 Full Bathrooms
Flooring
Other, See Remarks
Heating
Gas, Forced Air
Levels
Two

Exterior

Construction Materials
Vinyl Siding
Lot Features
Rectangular, Rectangular Lot, Residential Lot
Parking Features
Two Or More Spaces
Stories
2

Financial

Taxes
$3,967

Map

Community

Subdivisions in Syracuse

Market Summary

Current real estate data for Multi Family in Syracuse as of Jul 11, 2026
167
Multi Family Listed
140
Avg DOM
90
Avg $ / SqFt
$288,189
Avg List Price

Property Summary

    1008 1st North Street Syracuse NY is a Multi Family for sale in Syracuse, NY, 13208. It is listed for $240,000

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1008 1st North Street
Syracuse, NY