Robert Kennedy

338 Vine Street, Syracuse, NY 13203

New

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Property Description

Excellent investment opportunity with strong income potential! This up-and-down multi-family property features two spacious units, each offering three bedrooms and one full bathroom. Both units provide comfortable layouts with ample living space, making them attractive to long-term tenants or owner-occupants looking to offset expenses. There are beautiful porches in each unit and a spacious backyard. The property has been consistently occupied. The tenant on the 2nd floor has been there over 20 yrs & the rent has stayed very low over those years, 1st floor was owner occupied-presenting a significant opportunity for investors to update rental rates and maximize returns (rents should be in the $1800-$2100 range). With some strategic improvements, this property could generate substantial cash flow. Don't let the exterior fool you-the inside of both units is in much better condition than the outside suggests. Each apartment offers solid living space with great potential for further enhancement. Whether you're expanding your portfolio or searching for a property with upside potential, this is a rare chance to invest in a multi-family home with built-in equity and room for growth. The kitchen & dining room light ceiling fixtures in the 1st floor appartment will not convey, they will be replaced with new ones. Delayed showing until 7-13-26

338 Vine Street | MLS# S1696845

This home located at 338 Vine Street, Syracuse, NY 13203 is currently listed for sale with an asking price of $185,000. This property was built in 1900 and has 6 bedrooms and 2 full baths with 2636 sq. ft. Vine Street is located within the Syracuse school district. Search Syracuse real estate on robert-kennedy.timberlandproperties.com today.

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Property Features

Property Type: Residential -
Basement: Full
Heating: Gas, ForcedAir
Lot Size: 0.08 Acres
Stories: 2.0
Taxes: $3,129
Year Built: 1900

Feature Descriptions

Appliances: GasWaterHeater
Days on Site: 4
Exterior: AluminumSiding
Flooring: CeramicTile, Hardwood, Laminate, LuxuryVinyl, Varies
Lot: NearPublicTransit, Rectangular, RectangularLot, ResidentialLot
Lot Dimensions: 33X103
Parcel#: 311500-029-000-0011-012-000-0000
Parking: NoDriveway, Other, OnStreet, SeeRemarks
Parking Notes: NoDriveway, Other, OnStreet, SeeRemarks
Sewer: Connected
Units: 2
Utilities: SewerConnected, WaterConnected
Water: Connected, Public

Local Schools

School District: Syracuse

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Estimated Payment

$ 726.44 per month $411.73 Principal & Interest $260.75 Property Tax $53.96 Homeowner's Insurance

Change Payment Information

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yearly (est.)
(Payments are an estimate and may vary by lender)

Demographics

Listed By / Shown By

Listing By

Agency Name: Hunt Real Estate ERA
Agency Phone: 315-622-5757

Shown By

Agent Name: Robert Kennedy
Agent Phone: (917) 697-3469 Cell
Agency Title: Timberland Properties

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