Outstanding investment opportunity! This spacious two-family home features two generously sized units, each offering 3 bedrooms and 1 full bath, making it an ideal addition to any investor's portfolio. The property features beautiful hardwood flooring throughout, convenient in-unit laundry, an inviting open front porch, newer windows, a newer roof, one newer furnace, and two newer hot water tanks. A current rental registry is already in place for added peace of mind. Whether you're looking to expand your investment portfolio or take advantage of the opportunity for future owner occupancy while generating rental income, this property offers exceptional flexibility. Conveniently located near shopping, restaurants, schools, parks, public transportation, and major highways, this property offers the location tenants are looking for. With strong rental appeal, value-added updates, and excellent long-term potential, this is an outstanding opportunity you won't want to miss!
Listing by Skinner & Assoc. Realty LLC, (315) 373-6896
Around this home
Schools
K - 12
Preschool & daycare
Franklin Elementary School
Public PreK-5 • Assigned • 0.5mi
2/10
Grant Middle School
Public 6-8 • Assigned • 0.4mi
2/10
Henninger High School
Public 9-12 • Assigned • 1.8mi
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
Property details
Interior
Exterior
Finance
Interior features
Hardwood and luxury vinyl flooring throughout
Varied flooring types in some areas
Full basement
Bedrooms
Two separate 3-bedroom units (each unit listed as 3 bedrooms)
Bathrooms
Two full bathrooms total (one full bathroom per unit)
Kitchen
Eat-in kitchens in each unit
Formal dining rooms in each unit
Laundry & utility
Gas water heater
Flooring
Hardwood
Luxury vinyl
Varies
Heating & cooling
Gas-fired forced air heating
Exterior features
Rectangular lot (approximately 40 x 100)
Near public transit
Home design
Two-story building
Resale property
Asphalt roof
Vinyl siding
Parking
Two or more off-street parking spaces
Construction
Vinyl siding construction
Asphalt roof
Built existing (year built listed as existing)
Utilities
Public water connected
Sewer connected
Financial info
Property configured as 2 units with separate gas and electric meters
Each unit currently rents for $900 (month-to-month)
Operating expenses include maintenance and water
Owner pays water
Electricity and solar
View estimated energy costs and solar savings for this home
The R2 Zone District is established to provide for residential neighborhoods made up of single-unit detached and two-unit dwellings with green space,street trees, front porches and sidewalks. This Zone District may include attached single-unit dwellings, and multi-unit dwellings in compliance with the Mixed Income Development regulations. Complementary uses such as parks, open space, schools, places of assembly, minor utilities, accessory dwelling units, and accessory structures may also be allowed.
Permitted uses
Include but are not limited to:
Assembly / meeting place
Garden center
Housing-Single unit
Housing-Multiple units
Infrastructure
Educational / school
Fire house
Police station
Communications tower
Park & open space
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, 16 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
64
45
49
36
36
23
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
84/ 100
Very good sunlight
Sunscore
This home receives average direct sun exposure in Syracuse. There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
9.2 hrs
4.3 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 707 Spring St
We cannot show automated home-value estimates for this home.
Nearby homes have recently sold between $122,000 and $258,000.
Nearby comparable homes
The Redfin Estimate uses 6 recent nearby sales, priced between $122K to $258K.