MP Home Team

514 Highland Street
Syracuse, NY, 13203
$199,000
4 Beds
4 Baths
5,037 SqFt
0.08 Acres
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MLS #S1628986 image #0
AN EXCELLENT INVESTMENT OPPORTUNITY AWAITS ON SYRACUSE’S NORTHSIDE WITH THIS MIXED-USE PROPERTY GENEREATING IMMEDIATE CASH FLOW! Currently bringing in a total of $3,750 per month in gross income, this property offers a rare combination of residential and commercial rental streams. The ground floor features a long-standing, fully operational grocery store on a lease that runs through June 2026, providing stable, ongoing commercial income. Also on the first floor is a rented studio apartment. Upstairs, the second floor houses two additional rental units: a 3-bedroom apartment renting for $1,400/month, and a 1-bedroom apartment at $700/month. All residential tenants are on month-to-month leases, giving new ownership flexibility for rent increases or future upgrades. Whether you’re expanding your portfolio or looking for a cash-flowing asset in a high-demand area, this property checks all the boxes. Delayed showings until Tuesday 8/12/25.

Property Details

Price:
$199,000
MLS #:
S1628986
Status:
Active
Beds:
4
Baths:
4
Type:
Single Family
Subtype:
MixedUse
Subdivision:
City/Syracuse
Neighborhood:
syracusecity311500
Listed Date:
Aug 8, 2025
Finished Sq Ft:
5,037
Total Sq Ft:
5,037
Lot Size:
3,300 sqft / 0.08 acres (approx)
Year Built:
1900
FourplexSyracuse City-311500Syracusecity311500City/syracuseSyracuseOther – See RemarksLincoln MiddleHenninger HighProbate

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Schools

School District:
Syracuse
Elementary School:
Other – See Remarks
Middle School:
Lincoln Middle
High School:
Henninger High

Interior

Appliances
Gas Water Heater
Bathrooms
3 Full Bathrooms, 1 Half Bathroom
Flooring
Varies, Vinyl
Heating
Gas, Forced Air

Exterior

Architectural Style
Fourplex
Construction Materials
Aluminum Siding, Shake Siding, Vinyl Siding
Exterior Features
Balcony
Parking Features
Paved, Two Or More Spaces
Roof
Asphalt, Shingle

Financial

Taxes
$3,361

Map

Community

Subdivisions in Syracuse

Market Summary

Current real estate data for Single Family in Syracuse as of Feb 05, 2026
252
Single Family Listed
117
Avg DOM
113
Avg $ / SqFt
$231,109
Avg List Price

Property Summary

    Located in the City/Syracuse subdivision, 514 Highland Street Syracuse NY is a Single Family for sale in Syracuse, NY, 13203. It is listed for $199,000 and features 4 beds, 4 baths, and has approximately 5,037 square feet of living space, and was originally constructed in 1900. The current price per square foot is $40. The average price per square foot for Single Family listings in Syracuse is $113. The average listing price for Single Family in Syracuse is $231,109.

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Syracuse, NY
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