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$339,000
Monthly Est:$1,687
6 Beds
4 Baths3 full baths + 1 half bath
6,638sqft
405 Pond St, Syracuse, NY 13208
$339,000
$1,687/moEst:
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Multi Family
Built in 1940
$-- HOA
0.07 acre lot
$51/sq.ft
Description
Investor opportunity with strong in-place income and additional upside. 405 Pond Street is a mixed-use property featuring a 2,300 SF grocery store plus three residential apartments above. Current income includes a long-term grocery tenant paying $1,600/month, one apartment at $1,300/month, one apartment at $800/month, and a vacant top-floor apartment previously rented for $1,300/month.Gross monthly rent $5,000
Recent capital improvements include a new roof and three new boilers. Tenants pay their own utilities, with the owner responsible for water/sewer. Sale also includes 403 Pond Street, providing valuable off-street parking for approximately 10 vehicles. This is a strong cash-flowing asset with value-add potential through leasing the vacant apartment and optimizing rents.
- Houzeo last checked: 8 minutes ago
- Listing updated: September 15, 2026 at 6:43 pm
- Listing Provided by: Ryan Yamini (315) 699-3200 DRE #10301217122, Stephen Schmitt (315) 457-7170 DRE #10301218985 | Hunt Real Estate ERA (315) 699-3200
- Source: New York State Alliance of MLSs, Buffalo-NY | MLS#: S1695711
Property Details
Status
Active
Type
Multi Family
No. of Stories
3
County
City
Neighborhood
Year Built
1940
HOA Fees
-
Finished Area
6,638 sqft
Lot Size
0.07 acre lot
Basement Area
- sqft
MLS Name
New York State Alliance of MLSs, Buffalo
MLS Number
S1695711
MLS Status
Active
Days on Market
117
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Location
Facts & Features
Rooms
Bedrooms & bathrooms
Bedrooms: 6
Bathrooms: 4
Interior
Appliances
Gas Water Heater
Heating
Gas, Baseboard, Forced Air, Hot Water
Flooring
Hardwood, Resilient, Varies
Sewer
Connected
Construction
Year Built
Year Built: 1940
Home type
Multi Family
Property Condition
Resale
Construction Materials
Brick, Vinyl Siding, Copper Plumbing
Roof
Architectural, Shingle
Foundation Details
Block, Stone
Utilities & Energy
Parking Features
Paved, Parking Available, Two Or More Spaces
Utilities
Cable Available, Sewer Connected, Water Connected
Electric
Circuit Breakers
Water Source
Connected, Public
Basement
Full
Other Features
Lot Features
Irregular Lot, Near Public Transit
Price History
| Date | Event | Price |
|---|---|---|
09/15/2026 Source: | Off Market | $339,000 $0/sqft |
09/15/2026 Source: | Listed for Sale | $339,000 -4.24% $0/sqft |
08/20/2026 Source: | Price Decreased | $354,000 -1.39% $0/sqft |
07/09/2026 Source: | Listed for Sale | $359,000 +5.90% $0/sqft |
07/09/2026 Source: | Price Decreased | $339,000 -5.57% $0/sqft |
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Based on data from the New York State Alliance of MLSs (CNYIS, Inc., UNYREIS and WNYREIS) through Nov 04, 2026, 01:00AM.. All information is provided exclusively for consumers’ personal, non-commercial use. It may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable by is not guaranteed accurate by the MLS. This website may not include listings or property addresses of sellers who have directed their listing brokers to withhold their listing or their property address from display on the Internet. All information provided is deemed reliable but is not guaranteed and should be independently verified. © 2026 the New York State Alliance of MLSs. All Rights Reserved.
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