514 Highland ST, Syracuse, NY 13203
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514 Highland ST, Syracuse, NY 13203
514 Highland ST, Syracuse, NY 13203
514 Highland ST, Syracuse, NY 13203
514 Highland ST, Syracuse, NY 13203
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$ 199,000
Est. payment /mo
Active

514 Highland ST Syracuse, NY 13203

4 Beds

4 Baths

5,037 SqFt


UPDATED:

Key Details

Property Type Single Family Home

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

Square Footage 5,037 sqft

Price per Sqft $39

Subdivision City/Syracuse

MLS Listing ID S1628986

Style Fourplex

Bedrooms 4

Full Baths 3

Half Baths 1

Construction Status Existing

HOA Y/N No

Year Built 1900

Annual Tax Amount $3,361

Lot Size 3,301 Sqft

Acres 0.0758

Lot Dimensions 33X100

Property Sub-Type Mixed Use

Property Description

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.

Location

State NY

County Onondaga

Community City/Syracuse

Area Syracuse City-311500

Direction From James St & Lodi, take Lodi to Seward St, follow Seward to Graves, take a right on Graves St. up one block is the corner of Graves and Highland St.

Rooms

Basement Full

Interior

Heating Gas, Forced Air

Flooring Varies, Vinyl

Fireplace No

Appliance Gas Water Heater

Exterior

Exterior Feature Balcony

Utilities Available Cable Available, High Speed Internet Available, Sewer Connected, Water Connected

Roof Type Asphalt,Shingle

Porch Balcony

Building

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

Story 2

Foundation Stone

Sewer Connected

Water Connected, Public

Architectural Style Fourplex

Level or Stories Two

Structure Type Aluminum Siding,Shake Siding,Vinyl Siding

Construction Status Existing

Schools

Elementary Schools Other - See Remarks

Middle Schools Lincoln Middle

High Schools Henninger High

School District Syracuse

Others

Senior Community No

Tax ID 311500-016-000-0011-016-000-0000

Acceptable Financing Cash

Listing Terms Cash

Special Listing Condition Standard

Virtual Tour https://www.propertypanorama.com/instaview/syr/S1628986


Listed by Bell Home Team

NEARBY SCHOOLS & PROPERTIES

Lori Frieden

Lori Frieden

Lic. RE Salesperson | License ID: 10401265563

+1(315) 225-9958

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514 Highland ST