$1,875,000

615 West Onondaga Street, Syracuse, NY 13204

  • 2 beds
  • 11,949 sqft
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1950
  • Property Lot Size Icon0.37acre lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $157/sqft
  • Property List Date Icon Listed 10 days ago

Property Description

Unlock the full potential of this 41-unit multifamily property located in a high-demand rental area. Whether you're a seasoned investor or a savvy developer, this is the kind of rare opportunity that doesn’t come around often. This property is boarded up and needs a complete renovation, but the bones are there — and the upside is massive. With sweat equity and vision, you can transform this building into a true cash-flow machine. Renovate and reposition it for a profitable fix and flip, or hold long-term and enjoy stable, passive income for years to come. Prime rental neighborhood with strong tenant demand Tremendous upside potential post-rehab Ideal for value-add investors or syndicators Excellent long-term hold or short-term flip High ROI potential with the right vision Bring your contractor, your creativity, and your calculator — this is your chance to roll up your sleeves and build serious equity.

Listing Status:
Active
Date Added:
August 17, 2025 at 05:00AM
Listing Office:
InFisium Properties LLC : 315-299-3423
Listing Agent:
Michael Hemmer : 315-299-3423
MLS ID:
S1631278
  • Appliances: Gas Water Heater
  • Basement: None
  • Flooring: OtherSee Remarks
  • Heating: GasHot Water
  • Fireplace: Fireplaces: 0

This listing courtesy of Michael Hemmer, InFisium Properties LLC

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

S

Seymour Dual Language Academy

108 Shonnard St, Syracuse, NY, 13204

Grades PK-5

0.24 miles away

S

Syracuse STEM at Blodgett Middle School

312 Oswego St, Syracuse, NY, 13204

Grades 6-8

0.51 miles away

I

Institute of Technology at Syracuse Central

258 E Adams St, Syracuse, NY, 13202

Grades 9-12

0.57 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.