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717-19 Ackerman Avenue 717-19 Ackerman Ave 2 Unit Apartment Building $445,000 ($222,500/Unit) Syracuse, NY 13210
Investment Highlights
- Off-campus student housing duplex consisting of two (2) three bedroom units 100% Occupancy with value-add potential
- Fully leased for 2026-2027 school year
- 3 Car parking in driveway
- Consistent historical occupancy over the past 10 years with strong tenant demand.
- 5 Blocks from Syracuse University, 3 Blocks to Westcott Street
- Onsite laundry in basement / Furnished
Executive Summary
This fully leased student housing duplex, located at 717-19 Ackerman Avenue in Syracuse, NY, presents an attractive investment opportunity only blocks from the Syracuse University campus. Comprising two three-bedroom units, the property has achieved 100% historical occupancy over the past decade, ensuring consistent and reliable rental income. Each unit is well-appointed with hardwood flooring, furnished interiors, and convenient onsite laundry facilities.
Outdoor features include covered front porches and a shaded backyard that enhances tenant enjoyment. Additional amenities include off-street parking for three vehicles, making it an excellent fit for student renters. This property also boasts prime positioning just five blocks from Syracuse University and three blocks to Westcott Street, a popular retail and dining destination, providing exceptional demand for student housing.
Currently leased through the 2026–2027 academic year, this asset offers immediate stability with potential long-term upside, supported by its proven performance and proximity to one of the region’s leading educational institutions.
Outdoor features include covered front porches and a shaded backyard that enhances tenant enjoyment. Additional amenities include off-street parking for three vehicles, making it an excellent fit for student renters. This property also boasts prime positioning just five blocks from Syracuse University and three blocks to Westcott Street, a popular retail and dining destination, providing exceptional demand for student housing.
Currently leased through the 2026–2027 academic year, this asset offers immediate stability with potential long-term upside, supported by its proven performance and proximity to one of the region’s leading educational institutions.
Property Facts
| Price | $445,000 | Building Class | C |
| Price Per Unit | $222,500 | Lot Size | 0.12 AC |
| Sale Type | Investment | Building Size | 2,538 SF |
| No. Units | 2 | No. Stories | 2 |
| Property Type | Multifamily | Year Built | 1920 |
| Property Subtype | Apartment | Parking Ratio | 0.39/1,000 SF |
| Apartment Style | Low-Rise |
| Price | $445,000 |
| Price Per Unit | $222,500 |
| Sale Type | Investment |
| No. Units | 2 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.12 AC |
| Building Size | 2,538 SF |
| No. Stories | 2 |
| Year Built | 1920 |
| Parking Ratio | 0.39/1,000 SF |
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Moderately walkable
60/100
Moderately drivable
70/100
Some public transit
40/100
Moderately bikeable
60/100
Property Taxes
| Parcel Number | 311500-046-000-0012-019-000-0000 | Improvements Assessment | $162,400 |
| Land Assessment | $12,600 | Total Assessment | $175,000 |
Property Taxes
Parcel Number
311500-046-000-0012-019-000-0000
Land Assessment
$12,600
Improvements Assessment
$162,400
Total Assessment
$175,000
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717-19 Ackerman Avenue | 717-19 Ackerman Ave