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125 Kensington & Lancaster Road, 
Syracuse, NY 13210

$324,800


5

Beds


2

Baths


2,154

Sq Ft


Multi-Family


Virtual Tour

Active

Listed by

Samantha Dougherty

Nexthome Cny Realty

315-567-4663

Last updated:

May 22, 2026, 02:54 PM

MLS#

S1679901

Source:

NY GENRIS

About This Home

125 Kensington & Lancaster Road

University area gem! This high-performing corner-unit multifamily spans three stories, each with a dedicated private entrance, generating $3,600/month in combined rental income across two fully leased units. The ground-floor 1BD/1BA is leased at $1,400/month through July 2027, and the 4BD/1BA upper unit commands $2,200/month — with lease renewal discussions actively underway (2 out of 4 rooms are leased through July 2027). Square footage is increased by 700 sq ft as the City of Syracuse approved a 4th bedroom and living room with sprinkler system on the 3rd floor as additional living space. Both units feature a renovated bathroom, 2 dedicated parking spaces in the backyard, and ample natural light throughout. Location simply doesn’t get better for student and professional rentals — the Centro Bus Station sits directly in front of the property, with buses running every 10 minutes. Pair that with proximity to Syracuse University, major hospitals, downtown dining, shopping, parks, and you have a property that practically rents itself. Whether you’re expanding your portfolio or house-hacking your way to financial independence, this versatile, character-rich property delivers exceptional value, reliable income, and serious upside in one of Syracuse’s most in-demand rental corridors.

Home Facts

Multi-Family

2 Baths

5 Bedrooms

Built in 1915

Price Summary

324,800

$150 per Sq. Ft.

MLS #:

S1679901

Last Updated:

May 22, 2026, 02:54 PM

Added:

8 day(s) ago


Rooms & Interior

Bedrooms

Total Bedrooms:

5

Bathrooms

Total Bathrooms:

2

Full Bathrooms:

2

Interior

Living Area:

2,154 Sq. Ft.


Structure

Structure

Architectural Style:

Duplex

Building Area:

2,154 Sq. Ft.

Year Built:

1915


Lot

Lot Size (Sq. Ft):

5,280


Finances & Disclosures

Finances

Price:

$324,800

Price per Sq. Ft:

$150 per Sq. Ft.

Source:NY GENRIS
The information being provided by New York State Alliance Of Mlss is for the consumer’s personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The information is deemed reliable but not guaranteed and should therefore be independently verified. © 2026 New York State Alliance Of Mlss All rights reserved.

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Contact an Agent

Yes, I would like more information. Please use and/or share my information with a Coldwell Banker ® affiliated agent to contact me about my real estate needs. By clicking Contact, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If a Coldwell Banker affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE®, CENTURY 21®, Corcoran®, ERA®, or Sotheby's International Realty®). I acknowledge that I have read and agree to the terms of use and privacy notice.