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461 Rich Street Unit 63, Syracuse, NY 13207

$160,000
: 6
BD
: 2
BA
: 2,172
SqFt

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Sold Price: $160,000
Status: CLOSED
Days on Market: 12
Closing Date: Jul 15, 2026
MLS#: S1667656
Subtype: Residential
Style: Duplex
Architectural Style: Duplex
Year Built: 1900
Bedrooms: 6
Bathrooms: 2
Full Baths: 2
Living Area: 2,172
Lot Size: 5,835
Acres: 0.13
MLS Area Major: Syracuse City

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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.

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Additional Information

Exterior Features: Deck, Fully Fenced
Taxes: $3,239
Property Description: Duplex
Flooring: Laminate, Varies
Appliances: Gas Water Heater
Heating: Gas, Forced Air
Stories: 2
Levels: Two
Roof: Asphalt
Foundation: Stone
Parking Features: Gravel, Paved
School District: Syracuse