If you’re looking to buy and sell in Central New York, there’s a property in Syracuse that offers the perfect mix of affordability, income potential, and location. Sitting at 1024 Danforth St, Syracuse, NY 13208, this well-maintained two-unit multi-family home is listed at just $189,000 — making it a smart move for investors or anyone who wants to live in one unit and rent out the other.

The Procopio Team @ Hunt Real Estate CNY has brought this property to market, and it’s already gaining interest. With Syracuse’s steady rental demand and thriving local economy, this home checks all the boxes for those wanting to make a strategic real estate move in Central New York.

Why 1024 Danforth St Is Worth Your Attention

This home offers far more than just four walls and a roof. It’s a ready-to-go income property with:

• Two self-contained units, each with 2 bedrooms and 1 bathroom
  
  
• A flexible living arrangement — live in one unit while renting the other
  
  
• A strategic location near hospitals, Syracuse University, and major employers
  
  
• 1,910 square feet of space that’s easy to maintain
  
  
• Walkability to local shops, schools, and services, plus convenient public transportation

If your goal is to buy and sell in Central New York, properties like 1024 Danforth St represent a golden opportunity. With its prime location, income potential, and affordability, it’s ideal for both seasoned investors and first-time buyers looking to make a smart financial move. For anyone seeking to buy and sell in Central New York, this is the kind of property that provides both short-term returns and long-term appreciation.

Investor Benefits – A Closer Look

For investors, Syracuse is one of the best-kept secrets in New York State real estate. Rental properties in the right neighborhoods are in constant demand, and 1024 Danforth St is positioned to take advantage of that. The city’s combination of affordable property prices and strong rental yields makes it possible to achieve solid cash flow with lower upfront costs. Plus, the property’s location near universities and hospitals provides a stable, long-term tenant base that minimizes vacancy risks.

Here’s why:

1. Strong Tenant Base – The property’s proximity to Syracuse University and St. Joseph’s Hospital means there’s a steady pool of students, healthcare workers, and local employees looking for rentals.
   
   
2. Dual Rental Income – Two units mean two income streams, reducing vacancy risk.
   
   
3. Low Upfront Costs – The home’s current condition minimizes the need for expensive renovations before renting.
   
   
4. Appreciation Potential – Syracuse has been seeing slow but steady property value growth, making this a safe long-term hold.

Owner-Occupant Advantages

If you plan to live in one unit while renting the other, you’re looking at one of the most financially savvy moves in real estate. This setup allows you to:

• Offset mortgage payments with rental income from the second unit
  
  
• Build equity faster without taking on the full burden of a mortgage
  
  
• Live in a desirable, convenient location without stretching your budget
  
  
• Gain experience as a landlord with minimal risk

Syracuse Real Estate – A Market Overview

When you’re making plans to buy and sell in Central New York, understanding the market is key. Syracuse offers:

• Affordability – Home prices here are significantly lower than in downstate New York, giving buyers more value for their dollar.
  
  
• Rental Demand – With a large student population and multiple hospitals, there’s a steady demand for quality rental units.
  
  
• Economic Stability – Anchored by industries like education, healthcare, and manufacturing, the local economy supports a healthy housing market.
  
  
• Lifestyle Appeal – Syracuse has a mix of urban amenities, cultural attractions, and green spaces, making it attractive to both renters and buyers.

Neighborhood Spotlight – 1024 Danforth St

This property’s location is one of its biggest selling points. Here’s what’s nearby:

• St. Joseph’s Hospital Health Center – One of Syracuse’s largest employers, just minutes away.
  
  
• Syracuse University – Home to thousands of students and faculty, creating consistent housing demand.
  
  
• Shopping and Dining – Local stores, cafes, and restaurants are within walking distance.
  
  
• Public Transit Access – Easy bus routes make commuting simple.
  
  
• Schools and Parks – A family-friendly environment with plenty of recreational options.

Breaking Down the Numbers

Purchase Price: $189,000
Units: 2 (each 2 bed, 1 bath)
Square Footage: 1,910 sqft
Estimated Rent (per unit): Competitive for the area, offering a strong return on investment.

With two income streams and low maintenance needs, this property has the potential to deliver solid monthly cash flow. And if the market continues to grow, the resale value could make this an even more profitable venture down the road.

Why Timing Matters When You Buy and Sell in Central New York

The Syracuse real estate market is competitive, especially for affordable multi-family homes in prime locations. Properties like 1024 Danforth St don’t sit on the market for long. With growing interest from both local and out-of-state buyers, competition for quality investment properties has been steadily increasing. Acting quickly ensures you can secure the right property before rising demand pushes prices higher.

Whether you’re buying to hold or planning a future sale, acting quickly can be the difference between landing a great deal and missing out. Waiting too long could mean losing this opportunity to another buyer who recognizes its value. In a market where inventory is limited, hesitation can cost you the chance to benefit from steady rental income and long-term appreciation. That’s why partnering with a knowledgeable local team is essential to move fast and make informed decisions.

Working with the Procopio Team @ Hunt Real Estate CNY

The Procopio Team brings deep local knowledge, a proven track record, and a client-first approach. Here’s what you get when you work with them:

• Expert market insight to guide your buying or selling decisions
  
  
• Effective marketing strategies to get your property seen by the right buyers
  
  
• Negotiation skills to help you secure the best terms possible
  
  
• Full-service support from your first showing to final closing

Recognized as a Zillow Flex Team and “Best of Zillow,” they have a history of delivering results in Central New York’s dynamic market.

How to See 1024 Danforth St for Yourself

📍 Address: 1024 Danforth St, Syracuse, NY 13208
📞 Phone: 315-350-0571
📧 Email: [email protected]
🏢 Office: 8196 Oswego Rd, Liverpool, NY 13090
🌐 Website: Contact Procopio Team

You can also check the listing directly on Zillow for photos, details, and showing options.

Final Take – A Smart Move in Syracuse Real Estate

If your goal is to buy and sell in Central New York, properties like 1024 Danforth St are rare finds. Combining a prime Syracuse location with strong rental demand, this two-unit home offers the flexibility to either generate steady income from both units or live in one while letting the other help cover your mortgage. Its proximity to Syracuse University, major hospitals, and key employers ensures consistent tenant interest, while its affordable price point makes it accessible for both seasoned investors and first-time buyers.

Opportunities like this don’t last long in today’s market — especially multi-family homes under $200,000 in move-in-ready condition. Acting now means you can lock in a property with income potential, future appreciation, and a location that will hold value over time. Contact the Procopio Team @ Hunt Real Estate CNY today to schedule a showing and take the first step toward making 1024 Danforth St your next smart real estate move.