NOT LISTED FOR SALE
-- Bed
-- Bath
7,198 Sq Ft
9,240 Sq Ft Lot

Last Sold October 22, 2018

Last sale price $545,850 $76 Per Sq Ft

14 Days on Market

Highlights

  • 0.21 Acre Lot
  • Coin Laundry
  • Carpet
  • Baseboard Heating
  • Wood Siding

About This Home

As of October 2018

A solid Syracuse income building. This 18 unit building spread over three floors is well maintained, has on site maintenance & management, and has lots of recent capital expenditures. Property consists of 18 units; whereas 16 are studios, with a 1 and 2 bedroom unit. Landlord provides all utilities. (see P&L for a cost breakdown). Roof is approximately 10 years old. Has a young boiler & hot water tank. 12 total off street parking spaces. On bus line. Security cameras in place. Manager unit is a 2 bed and pays $0 rent. 100% occupied, with many long term tenants. Sellers will supply a new Certificate of Compliance from the city of Syracuse code department at closing.

Last Agent to Sell the Property

Christopher Snyder

Listing by CNY Broker LLC License #10491213267 Listed on: 07/12/2018

Last Buyer's Agent

Christopher Snyder

Listing by CNY Broker LLC License #10491213267 Listed on: 07/12/2018

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $19,269

Year Built

  • Built in 1973

Lot Details

  • 9,240 Sq Ft Lot
  • Lot Dimensions are 70x132

Home Design

  • Frame Construction
  • Wood Siding

Interior Spaces

  • 7,198 Sq Ft Home
  • 3-Story Property

Flooring

  • Carpet
  • Laminate
  • Vinyl

Parking

  • No Garage
  • Shared Driveway

Eco-Friendly Details

  • Energy-Efficient HVAC

Utilities

  • Heating System Uses Gas
  • Radiant Heating System
  • Baseboard Heating
  • Gas Water Heater

Listing and Financial Details

  • Rent includes all utilities, electricity, heat, hot water, snow removal, trash collection, water
  • Assessor Parcel Number 311500-006-000-0014-021-000-0000

Community Details

Building Details

  • 1 Separate Gas Meter
  • Operating Expense $65,168
  • Gross Income $115,340

Additional Features

  • 18 Units
  • Coin Laundry

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$19,269

Year Built

Built in 1973

Lot Details

9,240 Sq Ft Lot

Listing Details

  • Property Sub Type: Other
  • Property Type: Multi Family
  • Rent Includes: All Utilities, Electricity, Heat, Hot Water, Snow Removal, Trash Collection, Water
  • Year Built: 1973
  • ResoLaundryFeatures: Coin-operated
  • Directions: Northside of Syracuse, by Tops Food Market. First North Street between Danforth & Kirkpatrick.
  • Flooring: Carpet, Laminate, Varies, Vinyl
  • Garage Yn: No
  • Efficiency: HVAC
  • Year Built Details: Existing
  • Property Sub Type Additional: Other
  • Special Features: None

Interior Features

  • Appliances: Gas Water Heater, Refrigerator
  • Basement: None
  • Basement YN: No
  • Stories: 3
  • Stories: 3

Exterior Features

  • Acres: 0.21
  • Waterfront: No
  • Construction Type: Frame, Wood Siding
  • Exterior Features: Blacktop Driveway

Garage/Parking

  • Parking Features: Three or more Spaces, Driveway, No Garage, Shared Driveway

Utilities

  • Heating: Gas, Baseboard, Radiant
  • HeatingYN: Yes
  • Utilities: Sewer Connected, Water Connected
  • Water Source: Connected, Public

Condo/Co-op/Association

  • Community Features: Laundry Facilities

Schools

  • Junior High Dist: Syracuse

Lot Info

  • Parcel Number: 311500-006-000-0014-021-000-0000
  • Lot Dimensions: 70X132
  • Lot Size Sq Ft: 9240.0
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Rental Info

  • Furnished: Unfurnished

Multi Family

  • Number Of Units Total: 18
  • Annual Gross Income: 115340.0
  • Annual Operating Expense: 65168.0
  • Number Of Separate Electric Meters: 1
  • Number Of Separate Gas Meters: 1

Tax Info

  • Tax Annual Amount: 19269.0
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/22/2018 10/22/18 Sold $545,850 -5.1% $76 / Sq Ft
07/26/2018 07/26/18 Pending -- -- --
07/12/2018 07/12/18 For Sale $575,000 -- $80 / Sq Ft
Source: Central New York Information Services

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $9,731 $333,000 $19,200 $313,800
2023 $9,776 $333,000 $19,200 $313,800
2022 $10,038 $333,000 $19,200 $313,800
2021 $10,038 $333,000 $19,200 $313,800
2020 $10,202 $333,000 $19,200 $313,800
2019 $19,276 $333,000 $19,200 $313,800
2018 $10,117 $333,000 $19,200 $313,800
2017 $9,649 $333,000 $19,200 $313,800
2016 $9,750 $333,000 $19,200 $313,800
2015 -- $333,000 $19,200 $313,800
2014 -- $333,000 $19,200 $313,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Central New York Information Services

MLS Number: S1131413

Central New York Information Services
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