$1,450,000
Located in the heart of Syracuse’s sought-after University Hill / Westcott corridor, 209–220 Comstock Place has 8 townhomes that are approximately 1,300 SF each with 3 bedrooms and 1 1/2 baths in all. This investment presents a rare opportunity to acquire a multi-unit residential asset with strong rental appeal. Situated within a Federal and New York State Opportunity Zone, this property is ideally positioned for investors looking to maximize long-term capital gains benefits while capturing steady student and professional housing demand.
Located on a quiet residential street just moments from Syracuse University, SUNY ESF, and major regional medical centers, ensuring consistent year-over-year occupancy and within easy walking or biking distance to Syracuse University campus and short driving distance to Lemoyne College. These properties are eligible for substantial federal and state capital gains tax incentives—ideal for 1031 exchange alternatives, value-add renovations, or long-term portfolio holds. Within easy walking or biking distance to campus, Thornden Park, Westcott Street’s eclectic dining and retail scene, and Centro transit lines.
Whether you are expanding an existing student-housing portfolio or deploying capital into an Opportunity Zone asset with reliable cash-flow potential, 209–220 Comstock Place delivers location, scale, and strategic tax advantages in one package.
24
Beds
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S1728734
MLS
209-220 Comstock Place Unit 11, Syracuse