$829,000

1208 James Street, Syracuse, NY 13203

  • 18 beds |
  • 7 baths |
  • 10,167 sqft
  • Property Icon Single-Family Home
  • Property Year Built Icon Built in 1916
  • Property Lot Size Icon0.69acre lot
  • Property Parking Icon 3 car garage
  • Property Price Per Square Feet Icon $82/sqft
  • Property List Date Icon Listed 5 months ago

Property Description

Prime Historic Mixed-Use Property – 1208 James St, Syracuse, NY 13203 This exceptional historic property in the prestigious James Street corridor offers a rare blend of commercial and residential space, making it a perfect owner occupied and high-end investment opportunity . The main house features over 10,000 SQFT of finished space. two beautifully designed, spacious apartments, offering a luxurious residential component that enhances the property’s value . A state-of-the-art elevator with designated code for each floor ensures accessibility throughout the building. A Fully renovated finished basement unit with Three Bedrooms one and half baths full kitchen with dining and living area. First and second floors features over 4,000 sq. ft. of commercial space, divided into eight spacious office suites with high-end finishes. Additionally, the third floor features a stunning loft-style residential unit, with two bedrooms one and a half baths adding even more versatility to this investment. At the back of the main house, 16 dedicated parking spaces add convenience—an invaluable feature in this sought-after location. A fully restored carriage house with a three-car garage two bedrooms full bath brand new kitchen, provides additional rental potential or storage space. With estimated rental income of $12,000 per month, priced at 9%-10% cap rate. this turnkey investment combines historic charm, modern upgrades, and incredible income potential. Don’t miss the chance to own a versatile, income-generating gem in the heart of Syracuse!

Listing Status:
Active
Date Added:
February 10, 2025 at 06:00AM
Listing Office:
SAP Real Estate Group, LLC : 315-440-4292
Listing Agent:
Igor Smetanin : 410-960-5406
MLS ID:
S1588228
  • General: AtticDenSeparate/Formal Dining RoomEntrance FoyerSeparate/Formal Living RoomGranite CountersLibraryOtherQuartz CountersSee RemarksIn-Law FloorplanLoft
  • Appliances: DishwasherElectric Water HeaterGas OvenGas RangeGas Water HeaterMicrowaveRefrigerator
  • Basement: Finished
  • Flooring: HardwoodLuxury VinylTileVaries
  • Heating: ElectricGasBaseboardForced AirRadiant
  • Fireplace: Fireplaces: 0

This listing courtesy of Igor Smetanin, SAP Real Estate Group, LLC

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

D

Dr. Weeks Elementary School

710 Hawley Ave, Syracuse, NY, 13203

Grades PK-5

0.47 miles away

L

Lincoln Middle School

1613 James St, Syracuse, NY, 13203

Grades 6-8

0.36 miles away

H

Henninger High School

600 Robinson St, Syracuse, NY, 13206

Grades 9-12

0.58 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.