NOT LISTED FOR SALE
-- Bed
-- Bath
3,234 Sq Ft
8,258 Sq Ft Lot Lot

Sale Details

Date Sold: December 2, 2021

Last sale price $91,700 $28 Per Sq Ft

35 Days on Market

Highlights

  • 0.19 Acre Lot
  • Woodwork
  • Forced Air Heating System
  • Property is near public transit

About This Home

As of December 2021

This is part of the package of 13-unit total including 1106 Butternut (6-unit w/one-bedroom each) 1104 Butternut Street (4-unit w/2 two-bedroom, 2 one-bedroom) as well as 1102 Butternut (2-family w/3-bedroom, 4-bedroom) Rear of 1102 1/2 Butternut Street for 2-bedroom single family. Total income of $110,580. Recent improvement including new roof, new flooring, some updated kitchens & bathrooms. It has updated Certificate of Compliance 3-year ago. Great income producer and easy to manage as they are right next to one another. Fully rented and approximately 14% cash on cash return.

Last Agent to Sell the Property

Susan Li

Listing by Coldwell Banker Prime Prop,Inc License #30LI0956504 Listed on: 03/03/2021

Coldwell Banker Prime Prop,Inc

Last Buyer's Agent

Susan Li

Listing by Coldwell Banker Prime Prop,Inc License #30LI0956504 Listed on: 03/03/2021

Coldwell Banker Prime Prop,Inc

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,384

Year Built

  • Built in 1890

Lot Details

  • 8,258 Sq Ft Lot
  • Lot Dimensions are 41x200

Home Design

  • Triplex
  • Stone Foundation
  • Vinyl Siding
  • Copper Plumbing

Interior Spaces

  • 3,234 Sq Ft Home
  • 3-Story Property
  • Woodwork
  • Laminate Flooring
  • Basement Fills Entire Space Under The House

Location

  • Property is near public transit

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas
  • Gas Water Heater
  • Cable TV Available

Listing and Financial Details

  • Rent includes water
  • Tax Lot 43
  • Assessor Parcel Number 311500-015-000-0001-043-000-0000

Community Details

Overview

  • 3 Units

Building Details

  • 3 Separate Gas Meters
  • Operating Expense $2,800
  • Gross Income $31,560

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,384

Year Built

Built in 1890

Lot Details

8,258 Sq Ft Lot

Listing Details

  • Property Sub Type: Multi Family
  • Property Type: Residential
  • Rent Includes: Water
  • Year Built: 1890
  • Lot Features: Near Public Transit
  • Directions: From Lodi St. to Butternut St.
  • Architectural Style: Triplex
  • Flooring: Laminate, Varies
  • Interior Features: Natural Woodwork
  • Year Built Details: Existing
  • Financial Info Electric: Circuit Breakers
  • Special Features: VirtualTour

Interior Features

  • Appliances: Gas Water Heater
  • Basement: Full
  • Basement YN: Yes
  • Stories: 3
  • Stories: 3

Exterior Features

  • Acres: 0.1896
  • Waterfront: No
  • Construction Type: Vinyl Siding, Copper Plumbing
  • Foundation Details: Stone

Garage/Parking

  • Parking Features: No Driveway

Utilities

  • Heating: Gas, Forced Air
  • HeatingYN: Yes
  • Utilities: Cable Available, Sewer Connected, Water Connected
  • Water Source: Connected, Public

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Junior High Dist: Syracuse

Lot Info

  • Parcel Number: 311500-015-000-0001-043-000-0000
  • Lot Dimensions: 41X200
  • Lot Size Sq Ft: 8258.0
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units In Community: 3
  • Number Of Units Total: 3
  • Annual Gross Income: 31560.0
  • Annual Operating Expense: 2800.0
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3

Tax Info

  • Tax Annual Amount: 3384.0
  • Tax Lot: 43
  • Tax Other Annual Assessment Amount: 24.0
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
12/02/2021 12/02/21 Sold $91,700 -23.6% $28 / Sq Ft
04/07/2021 04/07/21 Pending -- -- --
03/03/2021 03/03/21 For Sale $120,000 -- $37 / Sq Ft
Source: Central New York Information Services

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2025 $1,515 $60,000 $12,000 $48,000
2024 $1,670 $60,000 $12,000 $48,000
2023 $1,679 $60,000 $12,000 $48,000
2022 $1,723 $60,000 $12,000 $48,000
2021 $1,723 $60,000 $12,000 $48,000
2020 $1,755 $60,000 $12,000 $48,000
2019 $1,742 $60,000 $12,000 $48,000
2018 $1,742 $60,000 $12,000 $48,000
2017 $1,663 $60,000 $12,000 $48,000
2016 $1,681 $60,000 $12,000 $48,000
2015 -- $60,000 $12,000 $48,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Central New York Information Services

MLS Number: S1321279

Central New York Information Services
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