Sell a House With Tenants in Syracuse, NY — First Vega Homes
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Tenants & rentals · Syracuse & Onondaga County

Sell a rental with the tenants still in it

You do not have to empty the property or start an eviction just to find out where you stand. Tell us about the tenancy at the start and we will tell you straight whether we can buy it occupied.

Occupied property is a small market on the MLS

Most retail buyers want to move in, and most mortgage products assume they will. An occupied rental narrows the buyer pool to investors, which is exactly the pool that negotiates hardest and takes the longest.

We are that buyer, without the six months of finding one.

The lease travels with the building

In New York a sale does not end a tenancy. Whoever owns the property inherits the lease and the obligations, which is precisely why we do not ask you to hand the place over empty.

You do not serve notice, you do not file anything, and you do not spend the winter as a landlord you no longer want to be.

Deferred maintenance is priced, not held against you

Twelve years of patched roofs, a furnace on its last season, and a work order you have been avoiding. We survey it, price it, and put it in the number.

Nothing gets fixed before closing. There is no inspection contingency to renegotiate afterwards.

Rent rolls, deposits and the paperwork

Bring what you have: leases, the rent ledger, deposit records. What is missing can usually be reconstructed, and missing paperwork does not kill the deal.

Security deposits transfer at closing through the title company, handled properly, so the liability stops being yours.

However it stands

Fix nothing. Clear nothing. Pay nothing.

One visit, a written offer after it, and nothing for you to fix or clear out. No fee whether you take it or not.

Houses we actually bought

Four Syracuse addresses.

Our own photographs, and the condition each seller handed us.

A single-storey house on 1st North Street, Syracuse
1614 1st North StNorthside
ConditionAs-is
A two-storey house on Putnam Street, Syracuse
308 Putnam StNorthside
ConditionFull contents
A green two-family house on Marcellus Street, Syracuse
451 Marcellus StNear Westside
ConditionOccupied
A foursquare house on Midland Avenue, Syracuse
2212 Midland AveSouth Side
ConditionLived-in

Straight answers

The questions this one raises.

Do the tenants have to be told before I sell?

They are notified of the ownership change at the appropriate point, and we handle that. You do not have to have an awkward conversation on our behalf.

What if a tenant is behind on rent?

It happens and it does not stop a sale. Tell us up front and we price it in rather than discovering it later.

Can I sell just one unit of a two-family?

Not separately unless it is legally subdivided, but we buy the whole building, occupied, as one transaction.

More on this in our guides for Syracuse homeowners, or call and ask a person.

Get your offer

Tell us the address.
We'll do the rest.

One visit, then a written number. Nothing to fix, nothing to pay, nothing to sign until you are ready.

Start with the numbers

Two questions and you will see the range we would be working in. No email required to look.

Open the estimator
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