$159,000

461 Rich Street 63, Syracuse, NY 13207

6 beds |
2 baths |
2,172 sqft

Duplex
Built in 1900
5,833sqft lot
—— car garage
$73/sqft
Listed 8 days ago

Property Description

Instant cash-flowing duplex in the City of Syracuse generating $3,065 in gross monthly rent ($36,780 annually). This well-performing two-unit property features 3 bedrooms and 1 full bath in each unit, offering spacious layouts attractive to long-term tenants. One unit is Section 8 approved and rented at $1,500/month, providing reliable income, while the second unit rents for $1,565/month. Both units are currently occupied, allowing investors to step into immediate rental income from day one. Fully rented, cash-flowing duplex with immediate income — ideal for investors seeking a performing asset. Offered at $159,000, the property provides strong gross rental income relative to purchase price. Conveniently located near downtown, shopping, and major routes.

Listing Status:: Active
Date Added:: March 19, 2026
Data Last Updated:: March 27, 2026 at 7:16AM
Listing Office:: Howard Hanna Real Estate : 315-622-2111
Listing Agent:: Alex Colin : 315-622-2111
MLS ID:: S1667656

Appliances: Gas Water Heater
Basement: Full
Flooring: LaminateVaries
Heating: GasForced Air
Fireplace: FireplaceFireplaces: 2

General: DeckFully Fenced
Style: Duplex
Other Structures: Deck
Parking: GravelPaved

Roofing: Asphalt
General: Vinyl Siding2Stone

Road/Access: City Street
Originating MLS: NYS_S
School District: Syracuse
County: Onondaga

Zoning: 311500-086-000-0022-015-000-0000
Fencing: Full

Utilities: Sewer ConnectedWater ConnectedCircuit Breakers
Water: ConnectedPublic
Sewer: Connected

Source: NYS_S

This listing courtesy of Alex Colin , Howard Hanna Real Estate

Monthly Payment

$Est. Payment

Principal & Interest $
Property Taxes $
Home Insurance $
VA Funding Fee $

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Location

Schools Nearby

Bellevue Elementary School

530 Stolp Ave, Syracuse, NY, 13207

Grades PK-5

0.63 miles away

Brighton Academy

309 W Brighton Ave, Syracuse, NY, 13205

Grades 6-8

0.89 miles away

Institute of Technology at Syracuse Central

258 E Adams St, Syracuse, NY, 13202

Grades 9-12

1.02 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.