Seller's Agent in 2025
Zachary Johnson
Acropolis Realty Group LLC
(315) 380-2926
9 in this area
202 Total Sales
101 Herkimer St Syracuse, NY 13204
Far Westside NeighborhoodEstimated Value: $208,000 - $267,000
8
Beds
3
Baths
3,575
Sq Ft
$66/Sq Ft
Est. Value
Highlights
- Wood Flooring
- 3 Car Garage
- 3-minute walk to Lewis Park
- Forced Air Heating System
- Rectangular Lot
About This Home
As of March 2025Investment Opportunity: Fully Rented 3-Unit Multi-Family Property with Upside Potential
Discover an exceptional investment opportunity with this fully occupied 3-unit multi-family property. Each unit is separately metered, with tenants responsible for their own utilities, ensuring low operational costs and streamlined management.
Currently, rents are below market value, presenting immediate upside potential for increased cash flow through rent adjustments. The property benefits from professional property management already in place, with the management team willing to stay on board to ensure a seamless transition and continued operational efficiency.
Whether you’re a seasoned investor looking to add to your portfolio or a newcomer seeking a low-maintenance, income-generating asset, this property offers both stability and significant growth potential. Don’t miss out on this value-add opportunity
Last Agent to Sell the Property
Listing by Acropolis Realty Group LLC License #10301222752 Listed on: 01/06/2025
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $5,312
Year Built
- Built in 1920
Lot Details
- 7,500 Sq Ft Lot
- Lot Dimensions are 50x150
- Rectangular Lot
Parking
- 3 Car Garage
Home Design
- Aluminum Siding
Interior Spaces
- 3,575 Sq Ft Home
- 2-Story Property
- Basement Fills Entire Space Under The House
Flooring
- Wood
- Carpet
Bedrooms and Bathrooms
- 8 Bedrooms
- 3 Full Bathrooms
Utilities
- Forced Air Heating System
- Heating System Uses Gas
- Gas Water Heater
Community Details
- 3 Units
- 3 Separate Gas Meters
Listing and Financial Details
- Rent includes hot water
- Tax Lot 9
- Assessor Parcel Number 311500-112-000-0024-009-000-0000
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jan 6, 2025
Closed on
Mar 7, 2025
Sold by
Igt-1 Properties Llc
Bought by
Khatun Fatema
Seller's Agent
Zachary Johnson
Acropolis Realty Group LLC
Buyer's Agent
Kevin Neuser
Howard Hanna Real Estate
List Price
$228,500
Sold Price
$230,000
Premium/Discount to List
$1,500
0.66%
Views
66
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$5,896
Avg. Annual Appreciation
2.56%
Original Mortgage
$172,500
Outstanding Balance
$171,631
Interest Rate
6.95%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$64,265
Purchase Details
Closed on
Mar 18, 2021
Sold by
Bing Assets Llc
Bought by
Vilela Mary G
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$112,500
Interest Rate
2.7%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Sep 13, 2017
Sold by
Goldstein Esther
Bought by
Bing Assets Llc
Purchase Details
Listed on
Jan 5, 2016
Closed on
Jun 30, 2016
Sold by
The Nilhad Group Llc
Bought by
Goldstein Esther
Seller's Agent
Sean Corcoran
Dropped Members
Buyer's Agent
R. Michael Liepke
Dropped Members
List Price
$1
Sold Price
$95,000
Premium/Discount to List
$94,999
9499900%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.84%
Purchase Details
Closed on
Dec 19, 2006
Sold by
Nithad C William Dahlin
Bought by
Nilhad Dgroup Llc
Purchase Details
Closed on
Jul 20, 2005
Sold by
Ryan Edward S
Bought by
Mcj Ryan Llc
Create a Home Valuation Report for This Property
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Khatun Fatema | $230,000 | None Available | |
| Vilela Mary G | $150,000 | None Available | |
| Vilela Mary G | $150,000 | None Available | |
| Bing Assets Llc | -- | Angelina Cutrona | |
| Bing Assets Llc | -- | Angelina Cutrona | |
| Goldstein Esther | $400,000 | Angelina Cutrona | |
| Goldstein Esther | $400,000 | Angelina Cutrona | |
| Nilhad Dgroup Llc | $154,900 | -- | |
| Nilhad Dgroup Llc | $154,900 | -- | |
| Mcj Ryan Llc | -- | -- | |
| Mcj Ryan Llc | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Khatun Fatema | $172,500 | |
| Previous Owner | Vilela Mary G | $112,500 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 03/07/2025 03/07/25 | Sold | $230,000 | +0.7% | $64 / Sq Ft | |
| 01/21/2025 01/21/25 | Pending | -- | -- | -- | |
| 01/06/2025 01/06/25 | For Sale | $228,500 | +140.5% | $64 / Sq Ft | |
| 07/01/2016 07/01/16 | Sold | $95,000 | +9499900.0% | $27 / Sq Ft | View Prior Sale |
| 02/02/2016 02/02/16 | Pending | -- | -- | -- | |
| 01/05/2016 01/05/16 | For Sale | $1 | -- | $0 / 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 | $2,204 | $110,000 | $15,100 | $94,900 |
| 2023 | $1,991 | $88,000 | $15,100 | $72,900 |
| 2022 | $0 | $88,000 | $15,100 | $72,900 |
| 2021 | $4,781 | $88,000 | $15,100 | $72,900 |
| 2020 | $2,099 | $88,000 | $15,100 | $72,900 |
| 2019 | $2,089 | $88,000 | $15,100 | $72,900 |
| 2018 | $2,089 | $88,000 | $15,100 | $72,900 |
| 2017 | $2,003 | $88,000 | $15,100 | $72,900 |
| 2016 | $2,029 | $88,000 | $15,100 | $72,900 |
| 2015 | -- | $88,000 | $15,100 | $72,900 |
| 2014 | -- | $88,000 | $15,100 | $72,900 |
Source: Public Records
Agents Affiliated with this Home
-
Zachary Johnson
-
Kevin Neuser
Buyer's Agent in 2025
Kevin Neuser
Howard Hanna
(315) 559-4756
5 in this area
163 Total Sales
-
S
Seller's Agent in 2016
Sean Corcoran
Dropped Members
-
R
Buyer's Agent in 2016
R. Michael Liepke
Dropped Members
Map
Source: Central New York Information Services
MLS Number: S1582992
APN: 311500-112-000-0024-009-000-0000
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