1008 1st North Street, Syracuse, NY 13208

Property Description

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.