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.
918 Lafayette St W
Syracuse, NY 13207
Asking Price: $28,000
Single family fixer-upper with two bedrooms with one full and one half bath. Property has fire damage. The home must be sold to an owner-occupant or renovated and resold to an owner-occupant. Estimated renovation cost is approximately $62K. Contact our office at 315.422.2301 ext. 0 for more information.
1927-29 Midland Ave
Syracuse, NY 13205
Asking Price: $5,000
Currently configured as 3-unit, this Southside fixer-upper must be renovated as a 2-family. First and second floor units have two-bedrooms. The property has a new roof and porch. The home must be owner-occupied or renovated and resold to owner-occupant. Estimated renovation cost is approximately $129K. Contact our office at 315.422.2301 ext. 0 to learn more about our buying process.
