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Property at 514 Highland Street, Syracuse, NY 13203
ACTIVE
$20,900
$199,000

514 Highland StreetSyracuse, NY, 13203

4 Beds3.5 Baths5,037 SqFt0.0758 Acres
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.
1 / 17

Est. Monthly

$943/MO

$199,000
$20,900

514 Highland Street, Syracuse, NY

4 Beds3.5 Baths5,037 SqFt0.0758 Acres

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.

StatusActive
Property TypeResidential
Property SubtypeMixed Use
Year Built1900
Days on Market295 days

Est. Monthly Payment

$943.25

%
%
yr

Private Mortgage Insurance

Not required

Affordability Checkoptional
$

Enter your annual income to check affordability

Property Details

Property Information

514 Highland Street

Syracuse, NY 13203 • Onondaga
4
Beds
3.5
Baths
5,037
SqFt
0.0758
Acres
Status
Active
Property Type
Residential
Property Subtype
Mixed Use
Year Built
1900126 years ago
Days on Market
295 days
Tax History
Estimated values, may not reflect current amounts.
  • Annual Tax Amount
    $3,361
Property History
  • Price reduced
    Jan 16, 2026 • NYSAMLS • S1628986
    $219,900 → $199,000
  • Listed for sale
    Aug 8, 2025 • NYSAMLS • S1628986
    $249,900
Mortgage Calculator
Estimated monthly payment for this property
$943.25
Down Payment
Interest Rate
Loan Term
%
%
yearsyrs.
Affordability Checkoptional
$

Enter your annual income to see if this home fits your budget

Private Mortgage Insurance

Not required — down payment above 20%
MLS Information
  • Source
    NYSAMLS
  • MLS#
    S1628986
  • Listing Office
    Bell Home Team
  • Last Updated
    39 days ago

Appliances

  • Appliances
    Gas Water Heater

Climate & Systems

  • Heating
    • Gas
    • Forced Air

Interior Features

  • Flooring
    • Varies
    • Vinyl
  • Basement
    Full

Parking

  • Parking Features
    • Paved
    • Two Or More Spaces

Lot & Grounds

  • Lot Size
    0.0758 acres
  • Lot Features
    • Corner Lot
    • Near Public Transit
    • Rectangular
    • Rectangular Lot
    • Residential Lot
  • Patio & Porch
    Balcony
  • Exterior Features
    Balcony

Type

  • Property Type
    Residential
  • Property Subtype
    Mixed Use
  • Architectural Style
    Fourplex

Structure

  • Construction
    • Aluminum Siding
    • Shake Siding
    • Vinyl Siding
  • Roof
    • Asphalt
    • Shingle
  • Foundation
    Stone

Condition

  • Year Built
    1900
  • Condition
    Resale
  • Days on Market
    295 days
  • Water
    Connected
  • Sewer
    Connected
  • Utilities
    • Cable Available
    • High Speed Internet Available
    • Sewer Connected
    • Water Connected

607-282-6242, (607) 282-6242, or +1 607 282 6242

Kevin Lucero

Kevin Lucero

Lic. Real Estate Salesperson

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