- Overview
- Description
- Property Details
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- Facts & Features
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$300,000
Monthly Est:$1,493
5 Beds
-- Bath
4,655sqft
406 Park Ave, Syracuse, NY 13204
$300,000
$1,493/moEst:
Get Pre-Approved
Multi Family
Built in 1940
$-- HOA
0.21 acre lot
$64/sq.ft
Description
Investment Opportunity!
This 5-unit apartment building offers an excellent opportunity for investors seeking immediate rental income with room to add value over time. The property features five spacious 1 bedroom apartments, each with hardwood floors, and is occupied by long-term tenants, providing steady cash flow from day one.
Conveniently located in a desirable area with easy access to major highways, public transportation, shopping, and everyday amenities, this property continues to attract and retain tenants.
Major infrastructure improvements have already been completed, including a new sewer line and new water line, reducing future maintenance concerns. While there is opportunity for cosmetic updates and continued improvements, the property is already producing income, making it an ideal investment for buyers looking to generate cash flow while building long-term equity.
Please note the MLS address is incomplete. The property is located at 406 N Geddes St and Park Ave (corner of Park Ave and Geddes St)
- Houzeo last checked: 12 hours ago
- Listing updated: October 10, 2026 at 2:14 pm
- Listing Provided by: Sarah Oot (202) 507-1864 DRE #10491212607 | Brick and Linen LLC (202) 507-1864
- Source: New York State Alliance of MLSs, Buffalo-NY | MLS#: S1697906
Part of
Property Details
Status
Active Under Contract
Type
Multi Family
No. of Stories
3
County
City
Neighborhood
Year Built
1940
HOA Fees
-
Finished Area
4,655 sqft
Lot Size
0.21 acre lot
Basement Area
- sqft
MLS Name
New York State Alliance of MLSs, Buffalo
MLS Number
S1697906
MLS Status
ActiveUnderContract
Days on Market
92
Cumulative Days on Market
91
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Location
Facts & Features
Rooms
Bedrooms & bathrooms
Bedrooms: 5
Bathroom: --
Interior
Interior Features
Ceiling Fans
Sewer
Connected
Exterior Features
Blacktop Driveway
Flooring
Hardwood, Laminate, Varies
Appliances
Electric Cooktop, Gas Oven, Gas Range, Gas Water Heater, Refrigerator
Heating
Other, See Remarks, Hot Water
Construction
Year Built
Year Built: 1940
Home type
Multi Family
Property Condition
Resale
Roof
Asphalt
Construction Materials
Attic Crawl Hatchways Insulated, Block, Concrete, Copper Plumbing
Utilities & Energy
Laundry Features
Common Area
Utilities
Electricity Connected, High Speed Internet Available, Sewer Connected, Water Connected
Parking Features
Three Or More Spaces, No Garage
Electric
Circuit Breakers, Fuses
Basement
Full, Walk Out Access, Sump Pump
Water Source
Connected, Public
Other Features
Lot Features
Corner Lot, Rectangular, Rectangular Lot
Community Features
None
Subdivision Name
Smiley
Price History
| Date | Event | Price |
|---|---|---|
09/11/2026 Source: | Contingent (Active Under Contract) | $300,000 $64/sqft |
08/19/2026 Source: | Off Market | $300,000 $64/sqft |
08/19/2026 Source: | Listed for Sale | $300,000 -7.69% $64/sqft |
07/25/2026 Source: | Price Decreased | $325,000 -7.14% $70/sqft |
07/11/2026 Source: | Listed for Sale | $350,000 +43650.00% $75/sqft |
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Based on data from the New York State Alliance of MLSs (CNYIS, Inc., UNYREIS and WNYREIS) through Oct 12, 2026, 10:30AM.. 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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