1624 W Genesee St, Syracuse, NY, 13204
About This Home
Located in the heart of Syracuse’s highly desirable Tipp Hill neighborhood, 1624 West Genesee Street presents a rare opportunity to own a 9-unit investment property in one of the city’s most vibrant and consistently in-demand rental areas. Just steps from local pubs, restaurants, and neighborhood staples that make Tipp Hill a destination, this property benefits from strong tenant appeal and steady rental demand. Its prime location offers easy access to Downtown Syracuse, major hospitals, and Syracuse University, making it attractive to a wide range of tenants. The building features nine units with solid income potential and the opportunity for a new owner to further enhance value over time. Whether you’re looking to expand your portfolio or secure a well-positioned asset in a proven rental market, this property checks the boxes. Tipp Hill continues to be one of Syracuse’s most recognizable and sought-after neighborhoods making this a smart long-term investment. Don’t miss your chance to own a multi-unit property in a location where demand remains strong year after year.
Getting Around
Very Walkable
Some Transit
Somewhat BikeableSchools
Construction
Condition
- Property condition: Resale
- Year built: 1950
Materials
- Roof: Asphalt
- Construction materials: Shake Siding,Wood Siding
Type & Style
- Home type: MultiFamily
- Property subType: Multi Family
Interior
Appliances
- Appliances included: Gas Oven,Gas Range,Gas Water Heater,Refrigerator
Basement
- Has basement: Yes
- Basement: Full
Bedrooms & Bathrooms
- Bedrooms: 8
Features
- Flooring: Hardwood,Luxury Vinyl,Varies
Heating
- Heating features: Gas,Forced Air
Interior Area
- Total structure area: 7,385
- Total interior livable area: 7,385 sqft
Property
Details
- Parcel number: 31150011100000040130000000
- Special condition: Real Estate Owned
Features
- Stories: 3
- Exterior features: Blacktop Driveway
Lot
- Lot size: 6,851 sqft
- Features: Near Public Transit,Rectangular,Rectangular Lot
- Lot size dimensions: 77 x 89
Parking
- Parking features: Three or more Spaces,Driveway,No Garage
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Winter Weather
How This Home’s Risks Compare
FEMA Declared Disasters in Onondaga County and New York
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $2,776 | $33,312 |
| Home Insurance * | $339 | $4,068 |
| Property Taxes | $1,015 | $12,180 |
| Electricity | $1,220 | $14,645 |
| Total | $5,350 | $64,200 |
Income You'd Need if You Spent...
New York FAIR Plan Programs
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2019-08-28 | Sold | $210,000 |
View on Zillow