This beautifully remodeled two-family home is an investor's dream! Featuring two spacious 3-bedroom apartments, both units have been completely renovated from top to bottom. Enjoy brand-new kitchens, bathrooms, windows, flooring, fresh paint, and so much more! The income potential is impressive, with estimated Section 8 Fair Market Rents of $1,691 per unit, offering a potential combined rental income of $3,382 per month! Enjoy added peace of mind knowing both apartments have been fully renovated, along with updated 90% efficient furnaces and water heaters. Whether you're an experienced investor or just getting started, this is an excellent opportunity to own a turnkey, income-producing property with strong cash flow potential. Nothing left to do but collect the rent! Don't miss this one!
Multi-familyProperty Type
1900Year Built
3,333 sq ftLot Size
$81Price/Sq.Ft.
1 spaceParking
Listing by Mark Bellucci• Acropolis Realty Group LLC
Listing by Berkshire Hathaway CNY Realty, (315) 218-7171
Around this home
Schools
K - 12
Preschool & daycare
Webster Elementary School
Public PreK-5 • Assigned • 0.9mi
3/10
Grant Middle School
Public 6-8 • Assigned • 0.4mi
2/10
Henninger High School
Public 9-12 • Assigned • 1.9mi
1/10
Provided by GreatSchools
About Washington
Square
Washington Square, located between Downtown Syracuse and University Hill, is a historic and residential Syracuse neighborhood with brick rowhouses and a leafy central park. The neighborhood’s character concentrates along E Genesee St near Forman Park, where coffee counters, small eateries, and gallery-style storefronts line the sidewalk. Landmark Theatre and the Everson Museum of Art serve as cultural pillars, with The Oncenter adding a steady calendar of events. Streetscapes mix late-19th-century facades with mid-century apartment buildings and pocket gardens. Sidewalk routes connect to Armory Square’s dining blocks and the civic core around Columbus Circle. Green space at Forman Park and nearby plazas shapes a calm, walkable rhythm.
Provided by Walk Score and Local Logic
Offer insights
1002 Spring St · $199,900
$205K and above
75% chance or better to win
Why $205K+ is a strong offer
DAYS ON MARKET
2 days
The average home goes pending in 26 days.
SALE-TO-LIST
97.4%
Most homes are selling 3% below list price.
About offer insights
Property details
Interior
Exterior
Finance
Kitchen
Bathroom
Bedroom
Living
Interior features
Full basement
Bathrooms
2 full bathrooms
Laundry & utility
Gas water heater
Flooring
Hardwood, luxury vinyl, and vinyl flooring; flooring varies
Heating & cooling
Gas forced-air heating
Exterior features
Rectangular lot
Near public transit
Home design
2 stories
Parking
One parking space
Construction
Vinyl siding
Utilities
Public water connected
Sewer connected
Financial info
Water and sewer included in operating expenses
Owner pays for water
Rent includes water
2 total units
2 units in the community
2 separate gas meters
2 separate electric meters
Electricity and solar
View estimated energy costs and solar savings for this home
Spacious 3 bedroom apartments with large rooms throughout. Features wood flooring large kitchens and diningroom. Two bedrooms in each. Place could use new windows and some uprgrades. Has newer furnaces. THis could be a money maker or a great place to fix up and start your portfolio. Rents listed our potential possible even more depending on how it is fixed up. THis is a great opportuity.
CNYIS #S1672093
Jun 15, 2026
Listing Removed
—
Apr 13, 2026
Listed
$139,900
$57/sq ft
CNYIS #S1654823
Mar 30, 2026
Listing Removed
—
Dec 15, 2025
Listed
$119,900
$49/sq ft
Year
Property tax
Land + Additions
Assessment*
2026
$1,361
$6,600 + $56,000
$62,600
2025
$1,361 (+0.4%)
$6,600 + $56,000
$62,600
2024
$1,355 (−1.2%)
$6,600 + $56,000
$62,600
2023
$1,371 (−2.5%)
$6,600 + $56,000
$62,600
2022
$1,406 (+0.4%)
$6,600 + $56,000
$62,600
2021
$1,400 (+296.2%)
$6,600 + $56,000
$62,600
2020
$353 (−75.6%)
$6,600 + $56,000
$62,600
2019
$1,447 (+0.4%)
$6,600 + $56,000
$62,600
2018
$1,442 (−14.5%)
$6,600 + $56,000
$62,600
2017
$1,687 (+20.3%)
$6,600 + $56,000
$62,600
2016
$1,402 (+1.4%)
$6,600 + $56,000
$62,600
2015
$1,383 (−0.6%)
$6,600 + $56,000
$62,600
2014
$1,391
$6,600 + $56,000
$62,600
Public record
Public record
Zoning
Beds
6
Baths
2
Stories
2
Lot width
34 ft.
Lot depth
99 ft.
Lot size
3,333 Sq. Ft.
Year renovated
—
Finished Sq. Ft.
2,472
Unfinished Sq. Ft.
—
Total Sq. Ft.
2,472
Year built
1900
Style
Multi-Family (2-4 Unit)
County
Onondaga County
APN
311500A00700000230220000000
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Oct 23, 2026.
R4
Medium Density Residential Zone District
The R4 Zone District is established to provide for neighborhoods with medium-density residential development, consisting of a mixture of single-unit detached and attached, two-unit, and multi-unit dwellings that preserve, to the greatest extent possible, the residential amenities and environment associated with residential development. Complementary uses such as parks, open space, schools, places of assembly, minor utilities, and accessory structures may also be allowed. This district may serve as a transition between lowerdensity residential districts and districts of higherdensity residential and commercial or mixed-use districts.
Permitted uses
Include but are not limited to:
Agriculture
Day care facility
Housing-Single unit
Housing-Multiple units
Infrastructure
Mixed use
Educational/school
Fire house
Police station
Communications tower
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
3/10 Heat Factor
7 days above 95° expected this year, 15 days in 30 years
1/10 Wind Factor
0% chance of strong winds in next 30 years
2/10 Air Factor
0 unhealthy days expected this year, 1 days in 30 years
Provided by First Street
Historical weather
Syracuse, NY • 13208
Average low and high temperatures (°F)
29
19
32
19
51
31
60
40
67
48
80
61
85
66
81
60
76
54
63
44
49
36
36
23
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
75/ 100
Good sunlight
Sunscore
There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
8.2 hrs
4.6 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 1002 Spring St
$200,085
$185 over list price of $200K
Nearby comparable homes
The Redfin Estimate uses 6 recent nearby sales, priced between $158K to $220K.