Some buildings are more than brick and mortar, they’re woven into the fabric of a community. For nearly 45 years, 135 W. Manlius Street was home to Serres Donuts, where generations stopped for fresh donuts, hot coffee, familiar faces, and a warm welcome in. Now, this iconic East Syracuse property is ready for a new owner with vision. Downstairs, a charming storefront filled with character awaits its next purpose, whether that’s a café, restaurant, bakery, boutique, studio, or something entirely new. Upstairs, three fully rented apartments quietly produce steady income, offering the rare blend of passion and practicality. And a full basement great for inventory storage. A private parking lot, a spacious backyard with potential for outdoor seating or events, and mixed-use zoning open the door to creativity and growth. All of it set in a walkable, high-visibility location that has served the neighborhood for decades.This isn’t just an investment, it’s a chance to carry forward a legacy — or create one of your own.
PRICE REDUCED $15,000. GREAT investment property located in the village of EAST SYRACUSE. Two individual single-family homes that earn about 27,000 a year in an annual income. Front building is approximately 1064 ft.² and three bedrooms with a possibility of a fourth. Back building is approximately 1560 ft.² with three bedrooms and a garage/workshop area. Front building has full basement. ADDITIONAL INCOME POTENTIAL. MOTIVATED SELLER MOVING ON TO LARGE PROJECT. Annual income is currently $27,000 a year. Back tenant is long-term and rent will increase to $1300 per month as of about 8/1. Annual income will increase $4200.
This well-maintained, classic two-family home offers a total of 6 bedrooms and 2 bathrooms across its spacious 2,632 sq. ft. of living space, blending charm with practical living. The property features two units, each with a large living room, a full bathroom, and three good-sized bedrooms. Character abounds with beautiful hardwood floors and natural woodwork throughout both units. Both units are currently occupied by long term tenants (3+ and 20+ years), providing immediate rental income, boasts a strong rental history and significant potential for rent increases. The property is equipped with forced air gas heating and has a full basement for additional storage. Separate utilities. Detached 2-car garage. Located in a desirable East Syracuse neighborhood, this property offers easy access to essential amenities, local businesses, shopping, dining options, and Wegmans. Commuting is a breeze, with easy access to major highways I-690 and I-481. The property is situated within the reputable East Syracuse-Minoa Central School District, including Pine Grove Middle School. This versatile multi-family is a rare find in a prime East Syracuse location, offering flexibility for an owner-occupant or a savvy investor looking to maximize their portfolio.

East Syracuse is located in New York. East Syracuse, New York has a population of 3,096. East Syracuse is less family-centric than the surrounding county with 25.36% of the households containing married families with children. The county average for households married with children is 26.38%.
The median household income in East Syracuse, New York is $48,208. The median household income for the surrounding county is $66,012 compared to the national median of $69,021. The median age of people living in East Syracuse is 42.7 years.
The average high temperature in July is 81.3 degrees, with an average low temperature in January of 14.9 degrees. The average rainfall is approximately 41.5 inches per year, with 104.4 inches of snow per year.