About 514 Highland Street
AN EXCELLENT INVESTMENT OPPORTUNITY AWAITS ON SYRACUSE'S NORTHSIDE WITH THIS MIXED-USE PROPERTY GENEREATING IMMEDIATE CASH FLOW! Currently bringing in a total of $3,750 per month in gross income, this property offers a rare combination of residential and commercial rental streams. The ground floor features a long-standing, fully operational grocery store on a lease that runs through June 2026, providing stable, ongoing commercial income. Also on the first floor is a rented studio apartment. Upstairs, the second floor houses two additional rental units: a 3-bedroom apartment renting for $1,400/month, and a 1-bedroom apartment at $700/month. All residential tenants are on month-to-month leases, giving new ownership flexibility for rent increases or future upgrades. Whether you're expanding your portfolio or looking for a cash-flowing asset in a high-demand area, this property checks all the boxes. Delayed showings until Tuesday 8/12/25.
Features of 514 Highland Street
| MLS® # | S1628986 |
|---|---|
| Price | $175,000 |
| Bedrooms | 4 |
| Bathrooms | 4.00 |
| Full Baths | 3 |
| Half Baths | 1 |
| Square Footage | 5,037 |
| Square Footage | 3300 |
| Acres | 0.08 |
| Year Built | 1900 |
| Type | Residential |
| Sub-Type | Mixed Use |
| Style | Fourplex |
| Status | Active |
Community Information
| Address | 514 Highland Street |
|---|---|
| Area | Syracuse City |
| Subdivision | Northside |
| City | Syracuse |
| County | Onondaga |
| State | NY |
| Zip Code | 13203 |
Amenities
| Utilities | Cable Available, High Speed Internet Available, Sewer Connected, Water Connected, Water |
|---|---|
| Features | Corner Lot, Near Public Transit, Rectangular, Rectangular Lot, Residential Lot |
| Parking | Paved, Two or More Spaces |
| Garages | Paved, Two or More Spaces |
| Is Waterfront | No |
| Has Pool | No |
Interior
| Interior | Varies, Vinyl |
|---|---|
| Appliances | Gas Water Heater |
| Heating | Gas, Forced Air |
| Fireplace | No |
| # of Stories | 2 |
| Stories | 2 |
| Has Basement | Yes |
| Basement | Full |
Exterior
| Exterior | Aluminum Siding, Shake Siding, Vinyl Siding |
|---|---|
| Exterior Features | Balcony |
| Lot Description | Corner Lot, Near Public Transit, Rectangular, Rectangular Lot, Residential Lot |
| Roof | Asphalt, Shingle |
| Construction | Aluminum Siding, Shake Siding, Vinyl Siding |
| Foundation | Stone |
School Information
| District | Syracuse |
|---|---|
| Elementary | Other - See Remarks |
| Middle | Lincoln Middle |
| High | Henninger High |
Additional Information
| Short Sale | No |
|---|---|
| RE / Bank Owned | No |
Listing Details
| Office | Bell Home Team |
|---|