125 Kensington & Lancaster RD, Syracuse, NY 13210
125 Kensington & Lancaster RD, Syracuse, NY 13210
125 Kensington & Lancaster RD, Syracuse, NY 13210
125 Kensington & Lancaster RD, Syracuse, NY 13210
125 Kensington & Lancaster RD, Syracuse, NY 13210
125 Kensington & Lancaster RD, Syracuse, NY 13210
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$ 348,700
Est. payment | /mo

5 Beds

2 Baths

2,154 SqFt


$ 348,700
Est. payment | /mo

5 Beds

2 Baths

2,154 SqFt

Key Details

Property Type Multi-Family, Mobile Home

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Square Footage 2,154 sqft

Price per Sqft $161

Subdivision University Hill

MLS Listing ID S1674106

Style Duplex

Bedrooms 5

Full Baths 2

Construction Status Existing

HOA Y/N No

Year Built 1915

Annual Tax Amount $7,491

Lot Size 5,279 Sqft

Acres 0.1212

Lot Dimensions 132X40

Property Sub-Type Multi Family

Property Description

Fantastic opportunity to own a University area multifamily in Syracuse! This spacious property offers strong income potential and flexibility for both investors and owner-occupants. Featuring two units with generous living spaces, hardwood floors, and classic architectural charm, this property blends character with functionality.

First floor generates $1400/mo and new lease is from June 26, 2026 to July 31, 2027. This unit is a 1 bedroom/1 bathroom, and 2nd floor generates $2200/mo and lease expires July 31, 2026. This unit is a 4 bedroom/1 bathroom. Each unit offers comfortable layouts with ample natural light, making it attractive for tenants in a high-demand rental area near Syracuse University, hospitals, and downtown. The property includes separate living areas, sizable bedrooms, and a layout ideal for steady rental income or house-hacking. Newer vinyl siding, updated kitchen, newer flooring, newer windows, & newer hot water heater. Includes free basement laundry.

Virtual staging highlight the home's potential, while the exterior offers a welcoming front porch. Conveniently located near shopping, restaurants, parks, and major highways, this is a prime location for long-term or student rental demand.

Whether you're looking to expand your portfolio or live in one unit while generating income from the others, this property delivers excellent value and upside potential.

Don't miss this opportunity to own a versatile, income-producing property in one of Syracuse's most sought-after rental corridors!

Location

State NY

County Onondaga

Community University Hill

Area Syracuse City-311500

Direction Take Euclid Ave to left on Lancaster to home on corner of Lancaster and Kensington on right.

Rooms

Basement Full

Interior

Interior Features Attic, Cedar Closet(s), Programmable Thermostat

Heating Gas, Forced Air

Flooring Laminate, Resilient, Varies, Vinyl

Fireplace No

Appliance Gas Water Heater

Laundry Common Area

Exterior

Exterior Feature Balcony, Deck

Utilities Available Sewer Connected, Water Connected

Roof Type Architectural,Shingle

Porch Balcony, Deck

Building

Lot Description Corner Lot, Near Public Transit, Rectangular, Rectangular Lot, Residential Lot

Story 3

Foundation Block

Sewer Connected

Water Connected, Public

Architectural Style Duplex

Structure Type Vinyl Siding,Wood Siding,PEX Plumbing

Construction Status Existing

Schools

School District Syracuse

Others

Senior Community No

Tax ID 311500-052-000-0010-018-000-0000

Acceptable Financing Cash, Conventional, FHA, VA Loan

Listing Terms Cash, Conventional, FHA, VA Loan

Special Listing Condition Standard

Virtual Tour https://www.propertypanorama.com/instaview/syr/S1674106

Listed by NextHome CNY Realty

NEARBY SCHOOLS & PROPERTIES

Celeste Greiner
Celeste Greiner

Broker Associate | License ID: 10301219405

+1(315) 430-0030 | celeste.ccgrealty@gmail.com

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125 Kensington & Lancaster RD