1506 Lodi Street, Syracuse

Description

Spacious and maintained three-unit property and a convenience store located in a high traffic area of the desirable Northside of Syracuse City. All units are generously sized and have been updated within the past six to eight years, offering modernized living spaces for tenants. The building is currently vacant, providing flexibility for TLC and future rent adjustments or occupancy changes. A standout feature is a small convenience store unit, which presents significant additional income potential if added to the rent roll. Alternatively, an owner-occupant can live on-site while rental income helps offset expenses. This property offers strong income potential and flexibility—ideal for both investors and owner-occupants. “SOLD AS-IS” and “WHERE-IS”.

Lower Unit (Front): One Bedroom Unit.
Lower Unit (Rear): Two Bedroom Unit.
Upper Unit: Three Bedroom Unit.

Three separate gas and electric meter. The convenience store has its own electric meter but no gas. All freezers, refrigerators, and inventory in convenience store will be conveyed with the sale.

Public Record: Three-Family Residential, Zoning Code: MX-2 (NBHD Center) – A traditional neighborhood that blend commercial and residential areas.

Owner financing is a viable alternative to traditional mortgages for serious and qualified buyers.