




514 Highland St, Syracuse, NY, 13203
About This Home
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.
Getting Around
Schools
Construction
Condition
- Property condition: Resale
- Year built: 1900
Materials
- Foundation: Stone
- Roof: Asphalt,Shingle
- Construction materials: Aluminum Siding,Shake Siding,Vinyl Siding
Type & Style
- Home type: MultiFamily
- Architectural style: Fourplex
- Property subType: Mixed Use,Quadruplex,Multi Family
Interior
Appliances
- Appliances included: Gas Water Heater
Basement
- Has basement: Yes
- Basement: Full
Bedrooms & Bathrooms
- Bedrooms: 4
- Bathrooms: 4
- Full bathrooms: 3
- 1/2 bathrooms: 1
Features
- Flooring: Varies,Vinyl
Heating
- Heating features: Gas,Forced Air
Interior Area
- Total structure area: 5,037
- Total interior livable area: 5,037 sqft
Property
Details
- Parcel number: 31150001600000110160000000
- Zoning description: Residential Multi Use
- Special condition: Standard
Features
- Levels: Two
- Stories: 2
- Patio & porch: Balcony
- Exterior features: Balcony
Lot
- Lot size: 3,301 sqft
- Features: Corner Lot,Near Public Transit,Rectangular,Rectangular Lot,Residential Lot
- Lot size dimensions: 33 x 100
Parking
- Parking features: Paved,Two or More Spaces
