338 Vine Street Syracuse NY 13203 MLS #S1696845

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 cash 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