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6 Beds
4 Baths
6,638 sqft

$339,000

405 Pond Street, Syracuse NY, 13208

Price per sqft$51.07
Built in1940
Property size6,638 sqft
Property typeMulti-family

Overview

Active

Listed Jul 9, 2026

Updated 3 weeks ago

Investor opportunity with strong in-place income and additional upside. 405 Pond Street is a mixed-use property featuring a 2,300 SF grocery store plus three residential apartments above. Current income includes a long-term grocery tenant paying $1,600/month, one apartment at $1,300/month, one apartment at $800/month, and a vacant top-floor apartment previously rented for $1,300/month.Gross monthly rent $5,000 Recent capital improvements include a new roof and three new boilers. Tenants pay their own utilities, with the owner responsible for water/sewer. Sale also includes 403 Pond Street, providing valuable off-street parking for approximately 10 vehicles. This is a strong cash-flowing asset with value-add potential through leasing the vacant apartment and optimizing rents.

$2,255/mo

Est. mortgage payment based on a $339,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
S1695711

Interior Features

Bedrooms
6
Bathrooms
4
Heating
Yes
Basement
Yes

Exterior Features

Lot Size
0.08 Acres

Other Property Details

Taxes
$6,486
Tax Frequency
Annually
MLS provider logo

 

Courtesy of Hunt Real Estate ERA, Ryan Yamini

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Disclaimer: All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither the listing broker(s), Perfect Place, nor Luxury Presence shall be responsible for any typographical errors, misinformation, misprints, and shall be held totally harmless.

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Data last updated 6:55 PM UTC, 9/15/2026

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