The Syracuse Land Bank has houses available for purchase and renovation. The following are just a sampling of the houses that are available. for additional purchase opportunities see the Land Bank available property link below.
Follow the instructions in the listing notes to view Land Bank properties and be sure to include all required attachments with your purchase offer. Sales of properties requiring renovation are subject to an enforcement mortgage, securing a lien against the property that is discharged once the proposed renovations and any other requirements are complete.
Most listings include a scope of work that the buyer must complete to renovate the property within 12 months; if there is no scope attached, you must draft and attach your planned scope of renovations. In order for your project to be considered complete, you must fulfill all terms of sale, completed all work proposed in your purchase proposal, and obtained a Certificate of Adequacy or Certificate or Certificate of Inspection from Code Enforcement.
First-time homebuyers are required to complete a HUD-approved homebuyer education course; Home HeadQuarters offers a HUD-approved homebuyer education course and income-qualified buyers who complete the course are eligible to receive down payment and closing cost assistance.
181 Merritt Ave
Syracuse, NY 13207
Asking Price: $62,500
Renovation Estimate: $66,000
Three bedrooms, one bathroom home in the South Valley neighborhood is for sale. The home has a driveway, garage, front porch, and natural woodwork. This property is in our Home Ownership Choice program and must be owner-occupied or renovated and sold to an owner-occupant. Download renovation specs and see additional listing details at bit.ly/181Merritt
When submitting a purchase offer, the buyer will need to show proof of funds of $128,500.
263-65 Kennedy St W
Syracuse, NY 13205
Asking Price: $134,900
Fully renovated home with 3 bedrooms, 1 bathroom, driveway, and huge yard. Originally built in 1990, and renovated in 2021: new roof, windows, siding, furnace, water heater, kitchen, bathroom, flooring, exterior doors, front porch, and back deck. This home must be sold to an owner-occupant.
Contact our office at (315) 422-2301 ext 0 for additional information. See other Land Bank properties at syracuselandbank.org/forsale