405 Pond Street
Syracuse, NY 13208 · Onondaga County
Price
$339,000
Bed / Bath
6 bd · 3.5 ba
Interior
6,638 sqft
Lot
3,267 sqft lot
Built
1940
↓ Reduced from $354,000
About this home
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.
Appliances
- Gas Water Heater
Mechanical
Heating
Gas, Baseboard, Forced Air, Hot Water
Schools
District
Syracuse
Tax & finance
Annual taxes
$6,486
Financing
Cash · Conventional
MLS Attribution
Listing courtesy of Hunt Real Estate ERA. Listing agent: Ryan Yamini. Data last updated 9/15/2026. Information deemed reliable but not guaranteed; should be independently verified. © NYS Alliance of MLSs.
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