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Turnkey investment opportunity in Syracuse's highly desirable Tipp Hill neighborhood! This side by side duplex offers two spacious 4 bed, 1 bath units, each with a large living room, formal dining room, kitchen, and full basement. One unit is leased at $1,550/month plus utilities, while the renovated vacant unit offers immediate lease-up potential at a market rent of $2,100/month, allowing investors to maximize income from day one. Recent capital improvements include a new architectural roof (2026) with transferable warranty, fresh exterior paint, new stone façade. Vinyl replacement windows. Separate utilities. Two furnaces, 2 hot water tanks, two 100-amp electrical panels, 2 laundry hook ups.. The vacant unit has been renovated with fresh paint, premium 22mm luxury vinyl plank flooring, updated appliances w/ a new stainless steel gas range. Situated on a corner lot adjacent to a park and just minutes from Downtown Syracuse, Coleman's, The Blarney Stone, Brooklyn Pickle, and other Tipp Hill amenities, this low-maintenance asset offers strong in-place income, immediate upside through lease-up, and excellent longterm appreciation potential. A rare opportunity to add a quality cash-flowing property to your portfolio!

DAYS ON MARKET 19 LAST UPDATED 7/9/2026
YEAR BUILT 1930 COMMUNITY Syracuse City-311500
COUNTY Onondaga STATUS Active
PROPERTY TYPE(S) Multi Family


ADDITIONAL DETAILS
APPLIANCES Gas Water Heater
AREA Syracuse City-311500
BASEMENT Full, Yes
CONSTRUCTION Frame
HEAT Forced Air, Natural Gas
HOA DUES Duplex
INTERIOR Natural Woodwork
LOT 3350 sq ft
LOT DESCRIPTION Corner Lot, Near Public Transit, Other, Rectangular Lot, See Remarks
LOT DIMENSIONS 50X67
PARKING On Street
STORIES 2
STYLE Duplex
TAXES 5588
UTILITIES Cable Available, Electricity Connected, Sewer Connected, Water Connected
WATER Public
MORTGAGE CALCULATOR
   

TOTAL MONTHLY PAYMENT

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CONTACT US ABOUT 323 HERKIMER STREET #25
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Listing provided by: Brian D Murphy, Acropolis Realty Group LLC
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