CCertihomes
615 W Onondaga Street, Syracuse, NY 13204

$1,875,000

2 beds 0 baths 11,949 sqft Built 19500 days on marketActive

About this home

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.

Affordability — calculate your monthly payment

Adjust your budget to see what's left after housing, utilities and transportation. Numbers below assume a 5% down, 30YrJumbo at 4% APR.

Your estimated payment
$16,549/mo

Real estate (PITI + HOA + PMI)
$14,134
Principal + interest$8,504
Property tax + insurance$4,927
PMI / 2nd mortgage$703
Utilities
$6,046
Heating + cooling$2,870
Internet + TV + phone$140
Water + sewer + garbage$58
Transportation
$0
Other (entertainment)
$140
$16,549/mo TLC
Budget$17,049/mo
Remaining after TLC$500/mo
Purchase price
$1,875,000
Down payment
$93,750 (5%)
Loan amount
$1,781,250
APR
4%

Quick facts

Type
MF
Style
Year built
1950
Lot size
0.3743 ac
Stories
3
Heating
Gas, HotWater
Cooling
Water
Connected, Public
HOA
Annual tax
$33,038
MLS #
S1631278
County
Onondaga

Home features

Appliances
GasWaterHeater
Exterior
ConcreteDriveway
Parking
ThreeOrMoreSpacesNoGarage
Flooring
Other, SeeRemarks
Roof
Other, SeeRemarks
Sewer
Connected

Lot features

IrregularLot, NearPublicTransit

Neighborhood — 13204

MetricThis ZIPCountyUSA
Population20,53819,351,094299,088,112
Population Change Since1990-15.00%8.00%20.00%
Population Density4,027395
Male9,8059,381,926147,432,321
Female10,7339,969,168151,655,844
Never Married6,7784,946,39163,775,926
Married4,5407,166,701123,120,365
Separated1,1251,159,67312,639,686
Widowed1,2591,110,24515,467,586
Divorced1,8841,210,44823,075,029
Number Of House Hold8,4377,102,016111,826,380
Average House Hold Size2.412.642.60
Medial Age30.0036.5335.46
Median House Hold Income$25,867$49,847$48,276
Average House Hold Income$34,236$70,032$63,629
P C I$14,466$26,569$24,529
M D I$23,761$42,210$41,133
A T H E$34,408$54,185$50,898
S T R8.00%4.00%
W C J76.52%81.55%77.74%
(Zip) Code
13204

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

Map & walkability

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Listing information last refreshed 8/17/2025. Provided courtesy of InFisium Properties LLC via Buffalo MLS. Information deemed reliable but not guaranteed.