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228 Cambridge Street, Syracuse, NY 13210
$324,500 Asking Price
$---/mo Est. Payment Get Prequalified »
5
beds
4
baths
2,584
sqft
Built in
1910
This property is a opportunity for investors looking to secure a high-return asset in the desirable Syracuse University area, just steps from Westcott Street. With spacious, rentable bedrooms and 4 full bathrooms, this property offers the ideal setup for student rentals or other multi-tenant arrangements. Highlights include a fully finished lower level with separate entrance, private kitchen, and its own full bathroom, perfect for maximizing rental income by accommodating an additional tenant or offering a private unit option. Each floor has a full bathroom for tenant convenience, an attractive feature for groups of students or young professionals. A short walk to Westcott Street’s lively cafes, restaurants, and shops, and within close proximity to Syracuse University, making it a consistent choice for student renters. This property is perfectly positioned to deliver strong, reliable cash flow. This property is ready for an investor looking to add an in-demand asset to their portfolio or start building wealth in a sought-after neighborhood. Don’t miss the chance to capitalize on the Syracuse rental market. Updates include roof in 2022, Driveway, Siding and Finished lower level.
Features & Amenities
Interior
- General:
- Attic,Separate/Formal Dining Room,Furnished,Separate/Formal Living Room,Guest Accommodations,Second Kitchen,Natural Woodwork,Bedroom on Main Level,In-Law Floorplan
- Appliances:
- Dryer,Dishwasher,Gas Oven,Gas Range,Gas Water Heater,Refrigerator,Washer
- Laundry:
- In Basement
- Basement:
- Finished
- Flooring:
- Hardwood,Tile,Varies
- Heating:
- true, Gas,Forced Air
- Fireplace:
- Fireplace, Fireplaces: 2
Exterior
- General:
- Blacktop Driveway
- Style:
- Historic/Antique
- Parking:
- Detached,Electricity,Garage,Garage Door Opener
Construction
- Roofing:
- Asphalt
- General:
- Vinyl Siding,Copper Plumbing,PEX Plumbing, 3, Block
Location
- Road/Access:
- City Street
- Originating MLS:
- NYS
- School District:
- Syracuse
- County:
- Onondaga
Lot
- Zoning:
- 311500-037-000-0022-020-000-0000
Utilities
- Utilities:
- Sewer Connected,Water Connected
- Water:
- Connected,Public
- Sewer:
- Connected
Financial
- Source:
- NYS
This listing courtesy of:
Acropolis Realty Group LLC, Jeremy Allen
Monthly Payment
Disabled 10% or more?
Used a VA Loan before?
Eligible for BAH?
Do you have dependents?
Your BAH amount is for the military housing area.
Loan term (number of years)
Property taxes are generally around 1.2% of the home’s value, but may vary based on location.
Annual homeowners insurance is typically 0.35% of the home’s value but can vary based on insurer.
$---
Est. Payment *
- Principal & Interest $--
- Taxes $--
- Insurance $--
- VA Funding Fee $--
$--- Est. Payment - $--- BAH = $--- Remaining
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About Syracuse, NY
Housing
- Number of Units
- 101,366
- Median Home Value
- $129,067
- Median Rent
- $769
50.36% of housing units are renter occupied.
9.12% are vacant.
Commute
- Car
-
67.55%
- Public Transportation
-
4.39%
- Walk to Work
-
5.47%
- Work from Home
-
20.94%
- Other
-
1.20%
The median travel time to work is 15 minutes.
People
- Population
- 227,263
- Median Age
- 37.10
- Median Household Size
- 2.45
Education
- High School
-
27.54%
- Associate’s Degree
-
10.61%
- Bachelor’s Degree
-
17.57%
- Graduate Degree
-
14.09%
Disclaimer: Community and Demographic information uses data from the U.S. Census Bureau but is not endorsed or certified by the Census Bureau.
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