Seller's Agent in 2021
Susan Li
Coldwell Banker Prime Prop,Inc
(315) 278-7860
21 in this area
195 Total Sales
1102 Butternut St Syracuse, NY 13208
Northside Neighborhood
--
Bed
--
Bath
3,234
Sq Ft
8,259
Sq Ft Lot
Highlights
- 0.19 Acre Lot
- Woodwork
- Forced Air Heating System
- Property is near public transit
About This Home
As of December 2021This 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.
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
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Home Values in the Area
Average Home Value in this Area
Property History
| 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
| 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 | $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
-
Susan Li
Map
Source: Central New York Information Services
MLS Number: S1321279
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