CCertihomes
214 Reed Avenue, Syracuse, NY 13207

$130,000

5 beds 2 baths 1,996 sqft Built 189066 days on marketActive

About this home

Great investment opportunity to start or add to your portfolio! The home has so much potential and has great rental history! With some TLC it is sure to bring in substantial income! Located in the Strathmore Area. 2 spacious Units. Upstairs unit - 998 sq.ft. - 3 Bedroom, large family room, eat in kitchen and a full bath. Downstairs unit - 998 sq.ft. 2 bedroom, large family room, eat in kitchen and a full bath. Both have had some improvements done including hot water tanks, New stoves/oven, New flooring in the Kitchen, New carpets downstairs, some new lighting and doors, newer windows (15years ago). Home has rear entrance/exit to both upper and lower units as well as access to the basement. Basement has a large semi finished room with a separate laundry area for upstairs unit. The downstairs unit has laundry hook ups in the units Kitchen area. The large furnace room is dry, has plenty of storage space and a few of the windows have been updated with glass block windows. The spacious back yard includes a large barn providing even more storage space. Units are tenant occupied. Upstairs tenant has occupied the residence for 15 years. Home is being sold "As Is"

Affordability — calculate your monthly payment

Adjust your budget to see what's left after housing, utilities and transportation. Numbers below assume a 5% down, 30YrFixed at 7.15% APR.

Your estimated payment
$2,072/mo

Real estate (PITI + HOA + PMI)
$1,378
Principal + interest$834
Property tax + insurance$495
PMI / 2nd mortgage$49
Utilities
$1,346
Heating + cooling$545
Internet + TV + phone$140
Water + sewer + garbage$58
Transportation
$0
Other (entertainment)
$140
$2,072/mo TLC
Budget$5,000/mo
Remaining after TLC$2,928/mo
Purchase price
$130,000
Down payment
$6,500 (5%)
Loan amount
$123,500
APR
7.15%

Quick facts

Type
MultiFamily
Style
Duplex
Year built
1890
Lot size
Stories
2
Heating
Gas, ForcedAir
Cooling
Water
Connected, Public
HOA
Annual tax
$3,531
MLS #
S1611390
County
Onondaga

At a glance

Basement

Home features

Appliances
GasWaterHeater
Interior
CeilingFans
Exterior
Fence
Parking
TwoOrMoreSpaces
Flooring
Carpet, Hardwood, Laminate, Varies, Vinyl
Roof
Asphalt
Sewer
Connected

Lot features

NearPublicTransit, Rectangular, RectangularLot, ResidentialLot

Neighborhood — 13207

MetricThis ZIPCountyUSA
Population13,39119,351,094299,088,112
Population Change Since1990-12.00%8.00%20.00%
Population Density4,140395
Male6,2159,381,926147,432,321
Female7,1769,969,168151,655,844
Never Married3,7074,946,39163,775,926
Married4,3577,166,701123,120,365
Separated4591,159,67312,639,686
Widowed6241,110,24515,467,586
Divorced8811,210,44823,075,029
Number Of House Hold4,9867,102,016111,826,380
Average House Hold Size2.682.642.60
Medial Age32.3136.5335.46
Median House Hold Income$42,591$49,847$48,276
Average House Hold Income$54,090$70,032$63,629
P C I$20,305$26,569$24,529
M D I$37,069$42,210$41,133
A T H E$45,923$54,185$50,898
S T R8.00%4.00%
W C J84.92%81.55%77.74%
(Zip) Code
13207

Data via Certihomes neighborhood index. Comparisons across this ZIP, county and the United States.

Map & walkability

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Listing information last refreshed 6/6/2025. Provided courtesy of Real Broker NY LLC via Buffalo MLS. Information deemed reliable but not guaranteed.