$259,900

617 Carbon Street, Syracuse, NY 13208

  • 9 beds |
  • 3 baths |
  • 4,084 sqft
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1900
  • Property Lot Size Icon0.32acre lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $64/sqft
  • Property List Date Icon Listed 24 days ago

Property Description

TRIPLE INCOME OPPORTUNITY IN SYRACUSE Welcome to this exceptional multi-family property offering three units each with three bedrooms and full bath. The property has two separate buildings, the three bedroom single family home and the additional building has two units, each with three bedrooms. This investment opportunity comes with the convenience of separate meters for each unit, allowing for straightforward utility management and billing. The single family home has just been renovated with a new kitchen, bathroom, LVT flooring, new carpet, new electrical, and paint in June, 2025. The two family home has also just been updated with new LVT flooring, carpet, lighting, electrical service, and paint. All electrical systems have been professionally serviced as of June 2025, ensuring safety and hazard free spaces. These are turn key units, with no tenants , giving you the opportunity to get premium rents totaling at $61k + annually. One standout feature is the spacious double lot, providing ample outdoor space for gardens, kids to play, or building another structure—a rarity in multi-family properties. The private yard offers tenants a peaceful retreat while giving investors flexibility for future development. The property also benefits from recent tree maintenance completed in May 2025, eliminating any insurance concerns, and very little outdoor maintenance. Landscaping was also completed in June 2025 with stone, which is also keeps the outdoor maintenance minimal. This triple-income generator combines immediate rental potential with long-term appreciation in a growing Syracuse neighborhood. With its thoughtful updates, separate utilities, and expansion potential, this multi-family investment property offers the perfect blend of potential income and future growth opportunity.

Listing Status:
Active
Date Added:
June 23, 2025 at 05:00AM
Listing Office:
Oak Tree Real Estate : 315-727-9177
Listing Agent:
Andrew Zellar : 315-401-1162
MLS ID:
S1617201
  • Appliances: Gas Water Heater
  • Basement: Full
  • Flooring: CarpetLaminateVaries
  • Heating: GasForced Air
  • Fireplace: Fireplaces: 0

This listing courtesy of Andrew Zellar, Oak Tree Real Estate

Monthly Payment

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

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Location

Schools Nearby

F

Franklin Elementary School

428 S Alvord St, Syracuse, NY, 13208

Grades PK-5

0.44 miles away

G

Grant Middle School

2400 Grant Blvd, Syracuse, NY, 13208

Grades 6-8

0.53 miles away

I

Institute of Technology at Syracuse Central

258 E Adams St, Syracuse, NY, 13202

Grades 9-12

1.74 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.

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