717-19 Ackerman Ave - Apartments FOR SALE


Syracuse, NY 13210- Eastside
$445,000 USD
315-380-7322
717-19 Ackerman Ave, Syracuse, NY for Sale
$445,000 USD
Apartments - FOR SALE
1/12
null | Request Cap Rate

717-19 Ackerman Ave
Syracuse, NY 13210
Eastside


HIGHLIGHTS

  • Off-campus student housing duplex consisting of two (2) three bedroom units 100% Occupancy with value-add potential
  • Consistent historical occupancy over the past 10 years with strong tenant demand.
  • Fully leased for 2026-2027 school year
  • 5 Blocks from Syracuse University, 3 Blocks to Westcott Street
  • 3 Car parking in driveway
  • Onsite laundry in basement / Furnished

OVERVIEW

This fully leased student housing duplex, located at 717-19 Ackerman Avenue in Syracuse, NY, presents an attractive investment opportunity only blocks from the Syracuse University campus. Comprising two three-bedroom units, the property has achieved 100% historical occupancy over the past decade, ensuring consistent and reliable rental income. Each unit is well-appointed with hardwood flooring, furnished interiors, and convenient onsite laundry facilities. Outdoor features include covered front porches and a shaded backyard that enhances tenant enjoyment. Additional amenities include off-street parking for three vehicles, making it an excellent fit for student renters. This property also boasts prime positioning just five blocks from Syracuse University and three blocks to Westcott Street, a popular retail and dining destination, providing exceptional demand for student housing. Currently leased through the 2026–2027 academic year, this asset offers immediate stability with potential long-term upside, supported by its proven performance and proximity to one of the region’s leading educational institutions.

FOR SALE DETAILS

PRICE

$445,000 USD

PRICE/SF

$175 USD /SF

# OF UNITS

2

PRICE/UNIT

$222,500

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

717-19 Ackerman Avenue

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1920

PARKING SPACES

1

LAND DETAILS

LAND ACRES

0.12 AC

LAND SF

5,274 SF

ZONING

-

APN/PARCEL ID

311500-046-000-0012-019-000-0000

ASK ABOUT THIS PROPERTY

Mark RupprechtCBRE Upstate NYMore Info
315-380-7322

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Mark RupprechtCBRE Upstate NYMore Info
315-380-7322

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