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$40,000

Pending

A month ago

219 Lakeview Ave, Syracuse, NY

House

MLS® S1667644

4 Bed

2 Bath

2864 sqft

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  • Key Facts
  • Description
  • Map

Key Facts

Type Multi Family
Levels Residential
Size 2864 sqft
Garage 
Taxes $1,490
Lot Size 
Approx. Age 1910
Avg. Price Per Sqft $13
MLS® Number S1667644

Property Address: 219 Lakeview Ave, Syracuse, NY, 13204-2113

Average square foot calculated using Size range provided by listing agent.

Description

Value-Add Multifamily | Conversion Opportunity | 2, 800 SF Exceptional opportunity to acquire a 2, 800 sq/ft duplex with significant upside potential in the City of Syracuse. Formerly configured as a 4-unit property, this asset presents a prime value-add play for investors looking to maximize cash flow through reconfiguration and renovation. Currently set up as a 2-unit property, the building is underutilized with only 2 bedrooms total, but offers a clear path to restore or reconfigure into a 4-unit layout or optimize into two large 4-bedroom units. Investment Highlights 2, 800 sq/ft duplex (former 4-unit) Strong value-add / repositioning opportunity Separate gas & electric meters Low taxes Ability to convert back to 4 units or optimize layout Projected market rent of ~$3, 700/month as two 4-bed units Ideal for BRRRR, flip, or long-term hold strategy Value-Add Potential With the right renovation plan, this property can be transformed into a high-performing asset. Whether restoring the original 4-unit configuration or creating larger, high-rent units, investors have multiple exit strategies. Condition Full renovation required Perfect for experienced investors or contractors looking to force appreciation Location Conveniently located on Lakeview Ave with close proximity to downtown Syracuse, major employers, and transportation corridors—supporting strong rental demand. Summary: A rare chance to unlock hidden value in a large multifamily footprint. With proper execution, this property has the potential to deliver strong cash flow and long-term equity growth
MLS® NumberS1667644
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age1910
BasementFull
DrivewayTwo Or More Spaces
Garage Spaces
Heat
A/C
Heating Fuel

Extras

Price History

-End Date
-Sold Price

Pending

Mar 18, 2026List Date
$40,000List Price
  • Commute

Commute

Starting Address
Destination Address
219 Lakeview Ave, Syracuse, NY

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