221 Grace Street
Syracuse, NY, 13204
$179,900
6 Beds
2 Baths
1,862 SqFt
1.36 Acres
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Excellent investment opportunity on Syracuse’s West Side with strong income potential and owner-occupant flexibility. This well-maintained duplex features two spacious 3-bedroom, 1-bath units with separate utilities — a key advantage for reducing landlord expenses. The first-floor unit has been recently renovated and is move-in ready, while the second-floor unit is tenant occupied, offering immediate rental income. With only one unit currently leased, this is an ideal setup for an investor looking to live in one unit while renting the other, or for a full lease-up to maximize returns. The property boasts hardwood floors, generous room sizes, and a clean, well-kept interior throughout. A large detached garage provides additional value for storage and the spacious yard adds outdoor appeal for tenants or future improvements. Projected gross annual rent exceeds $25,000 when fully occupied, making this a solid cash-flowing asset in a growing rental market.

Property Details

Price:
$179,900
MLS #:
S1604093
Status:
Active
Beds:
6
Baths:
2
Address:
221 Grace Street
Type:
Multi Family
Subtype:
MultiFamily
Subdivision:
West Side
Neighborhood:
Syracuse City-311500
City:
Syracuse
Listed Date:
May 13, 2025
State:
NY
Finished Sq Ft:
1,862
Total Sq Ft:
1,862
ZIP:
13204
Lot Size:
59,242 sqft / 1.36 acres (approx)
Year Built:
1900
Units:
2
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Schools

School District:
Syracuse

Interior

Appliances
Gas Water Heater
Bathrooms
2 Full Bathrooms
Flooring
Ceramic Tile, Hardwood, Resilient, Varies
Heating
Gas, Forced Air

Exterior

Architectural Style
Duplex
Construction Materials
Composite Siding, Copper Plumbing
Exterior Features
Balcony, Fence
Parking Features
Paved, Two Or More Spaces
Roof
Asphalt, Shingle

Financial

Taxes
$1,854

Map

Community

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221 Grace Street
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