139 N Geddes St - Office FOR SALE


Syracuse, NY 13204- Westside
$600,000 USD
315-883-7908
139 N Geddes St, Syracuse, NY for Sale
$600,000 USD
Office - FOR SALE
1/2
null | Request Cap Rate

139 N Geddes St
Syracuse, NY 13204
Westside


HIGHLIGHTS

  • Seven apartments fully rented on a month-to-month basis.
  • Two vacant storefront spaces with prior rents of $1,500 each, offering income growth potential.
  • Separate utilities for simplified management and tenant accountability.
  • Located near Downtown Syracuse and Tipperary Hill, ensuring strong traffic and accessibility.
  • Opportunity for renovation to enhance property value and rental income.

OVERVIEW

This mixed-use property at 139 N. Geddes Street offers a compelling investment opportunity in a high-traffic Syracuse location. The building features seven fully occupied apartments on month-to-month leases and two ground-floor storefronts currently vacant, providing immediate upside potential. With a current monthly rental income of $5,750 and the ability to increase revenue by leasing the commercial spaces, this asset is well-positioned for strong cash flow and long-term appreciation. Located minutes from Downtown Syracuse and the Tipperary Hill neighborhood, the property benefits from excellent visibility and accessibility. Separate utilities for each unit simplify management, while the building’s configuration supports both residential stability and commercial viability. Investors can capitalize on the property’s existing income stream while implementing value-add strategies through storefront leasing and potential renovations.

FOR SALE DETAILS

PRICE

$600,000 USD

PRICE/SF

$58 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Office

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

C

YEAR BUILT

1940

SPRINKLERS

-

PARKING SPACES

5

LAND DETAILS

LAND ACRES

0.13 AC

LAND SF

5,663 SF

ZONING

010

APN/PARCEL ID

311500-109-000-0005-012-000-0000

ASK ABOUT THIS PROPERTY

Duane EdmondsAcropolis Realty GroupMore Info
315-883-7908

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Duane EdmondsAcropolis Realty GroupMore Info
315-883-7908

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.