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Le Moyne College just bought 20 houses. Here’s what that means for the school and Syracuse

Le Moyne College campus

Le Moyne College recently bought 20 Syracuse homes near its campus for $4.1 million. The college says the purchase will help ensure the homes remain available to its students who want to live in off-campus housing. (Rick Moriarty | rmoriarty@syracuse.com)

Syracuse, N.Y. -- Le Moyne College last month bought 20 Syracuse homes -- all from one owner on the same day -- within a couple blocks of its campus on the eastern side of the city.

The $4.1 million purchase will likely take the 20 homes off the city’s tax rolls while making Le Moyne one of the largest landlords in its neighborhood.

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