Property photo 1
Property photo 2
Property photo 3
Property photo 4
Property photo 5
7 Beds
3 Baths
4,130 sqft

$449,900

1061 Lancaster Avenue, Syracuse NY, 13210

Price per sqft$108.93
Built in1920
Property size4,130 sqft
Property typeResidential

Overview

Active

Listed Jul 28, 2026

Updated 2 weeks ago

Strong addition to any student housing portfolio just a short walk to Syracuse University Campus. Two year lease has now been executed. Spring 2027-Spring 2029. This 4,000+ sq ft property offers 7 bedrooms and 2 full baths, rented at $800 per bedroom and delivered fully furnished. The home features updated kitchens w new appliances and baths, fresh paint interior/exterior, natural hardwood floors, original woodwork, and a striking double-sided staircase that adds character. Additional highlights include private off-street parking, deck off the back, an oversized driveway accommodating 6+ vehicles, and a walkout lower level with laundry. The finished third floor includes a second kitchen, full bath and 3 bedrooms, offering flexibility for an owner’s suite or the potential to expand to a 10-bedroom layout—significantly increasing rental income. Immediate cash flow with upside potential—don’t miss this high-performing investment opportunity.

$2,993/mo

Est. mortgage payment based on a $449,900 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
S1702110

Interior Features

Bedrooms
7
Bathrooms
3
Heating
Yes
Basement
Yes

Exterior Features

Lot Size
0.12 Acres

Other Property Details

Taxes
$8,132
Tax Frequency
Annually
MLS provider logo

 

Courtesy of Howard Hanna Real Estate, Nicholas Sinay

Disclaimer: Any use of search facilities of data on this site, other than by a consumer looking to purchase real estate, is prohibited. All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change, or withdrawal. Neither listing broker(s) nor Kelli Ide shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

The data relating to real estate on this web site comes in part from the Internet Data Exchange (IDX) Program of the CNYIS, UNYREIS and WNYREIS. Real estate listings are marked with the IDX logo and include the Listing Broker’s Firm Name. 

Disclaimer: All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither the listing broker(s), Kelli Ide, nor Luxury Presence shall be responsible for any typographical errors, misinformation, misprints, and shall be held totally harmless.

©2026 CNYIS, UNYREIS, WNYREIS. All rights reserved.

Data last updated 3:18 AM UTC, 9/27/2026

Powered by Luxury Presence