The primary purpose of the Greater Syracuse Land Bank is to return vacant, abandoned, underutilized, and tax-delinquent properties to productive use in ways that support the community’s long-range vision for its future.
“We do this by acquiring these properties, stabilizing them, selling them to responsible buyers for redevelopment, and by assembling and land banking projects for long-range redevelopment plans. Responsible, well-planned redevelopment of these properties will increase surrounding property values, improve quality of life for surrounding residents, and stabilize the tax base making it easier for local governments to provide essential services. Ensuring that properties are redeveloped by qualified developers, with adequate plans, and for purposes that benefit the surrounding community will work to reverse the decline of property values in blighted areas.”
The following properties are just two out of many available. There are a variety of programs designed to assist in the process of acquiring one of these properties. Contact the Syracuse Land Bank for additional information.
234 Hunt Ave
Syracuse, NY 13207
Asking Price:$5,000
Elmwood Neighborhood three bedroom, one-bathroom home on a huge lot across from the Creekwalk. This home has fire damage and a foundation issue. This home must be owner-occupied or renovated and resold to an owner-occupant. Estimated renovation cost is approximately $71K. Contact our office at 315.422.2301 ext. 0 to learn more about our buying process.
1703 Midland Ave
Syracuse, NY 13205
Asking Price: $26,000
Two family home with a new roof, siding, windows, exterior doors, and porch! First floor unit has two bedrooms, and second floor unit has three bedrooms. Driveway is off Fernwood Ave. Home must be sold to an owner-occupant or renovated and resold to an owner-occupant. Estimated renovation is approximately $104K. Contact our office at 315.422.2301 ext. 0 to learn more about our buying process.
