100% Leased, multifamily investment opportunity offering a rare combination of immediate income and long-term development potential in a strong residential corridor of Syracuse. This is a rare opportunity to acquire a 100% occupied, cash-flowing multifamily portfolio with significant future development potential. The offering consists of three contiguous parcels (4810, 4816, and 4820 W Seneca Turnpike), providing both in-place income and strategic flexibility for future repositioning or redevelopment. (4810 W Seneca Turnpike) 7-unit multifamily building generating stable rental income. (4816–4820 W Seneca Turnpike) 3-unit, 15-bed dorm-style asset with multiple kitchens and bathrooms, ideal for student or group housing. This portfolio presents a compelling yield + upside profile, with the ability to maintain strong in-place cash flow while exploring commercial rezoning or higher-density multifamily redevelopment. Positioned in a high-traffic corridor with strong accessibility, the property benefits from both residential demand and commercial viability, making it attractive to investors, developers, and owner-operators alike. Ideal for investors seeking current yield with long-term upside.

Source: New York Alliance, MLS#: S1665054