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5 Beds
0 Baths
4,655 sqft

$300,000

406 Park Avenue, Syracuse NY, 13204

Price per sqft$64.45
Built in1940
Property size4,655 sqft
Property typeOther

Overview

Active

Listed Jul 11, 2026

Updated 3 days ago

Investment Opportunity! Back on the market due to buyer default. 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)

$1,996/mo

Est. mortgage payment based on a $300,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
S1697906

Interior Features

Bedrooms
5
Bathrooms
0
Heating
Yes
Basement
Yes

Exterior Features

Lot Size
0.21 Acres

Other Property Details

Taxes
$6,051
Tax Frequency
Annually
Municipality
Not Applicable
MLS provider logo

 

Courtesy of Brick and Linen LLC, Sarah Oot

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Disclaimer: All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither the listing broker(s), David Pascucci, nor Luxury Presence shall be responsible for any typographical errors, misinformation, misprints, and shall be held totally harmless.

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Data last updated 5:26 AM UTC, 10/28/2026

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