NOT LISTED FOR SALE
-- Bed
-- Bath
3,848 Sq Ft
7,350 Sq Ft Lot

Last Sold December 02, 2021

Last sale price $131,700 $34 Per Sq Ft

35 Days on Market

Highlights

  • Deck
  • Property is near a bus stop
  • Baseboard Heating

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 in 2017. 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

  • $3,727

Year Built

  • Built in 1920

Lot Details

  • 7,350 Sq Ft Lot
  • Lot Dimensions are 210 x 35

Home Design

  • Stone Foundation
  • Shingle Roof
  • Asphalt Roof
  • Partial Copper Plumbing

Interior Spaces

  • 3,848 Sq Ft Home
  • 2-Story Property
  • Laminate Flooring
  • Basement Fills Entire Space Under The House

Parking

  • No Driveway
  • On-Street Parking

Utilities

  • Multiple Heating Units
  • Baseboard Heating
  • Heating System Uses Gas
  • Gas Water Heater

Additional Features

  • Deck
  • Property is near a bus stop

Listing and Financial Details

  • Rent includes water
  • Tax Lot 44
  • Assessor Parcel Number 311500-015-000-0001-044-000-0000
  • $21 special tax assessment

Community Details

Overview

  • 4 Units

Building Details

  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • Operating Expense $1,800
  • Gross Income $30,960

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,727

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Annual Operating Expenses: 1800
  • Annual Special Assessment: 21
  • NY Swis Code: Syracuse City-311500
  • Total Assessed Value: 60000
  • Foundation Description: Stone
  • Gross Annual Income: 30960
  • Listing Type: Exclusive Right To Sell
  • Lot Dimension Depth: 210
  • Lot Dimension Front: 35
  • Lot Information: Near Bus Line
  • Lot Number: 44
  • Nearest Cross Street: Spring St
  • Number of Stories: 2.0000
  • Property Type: Multi-Family Res (2-4) units
  • Ratio Close Price By Acres: 780675.76
  • Ratio Close Price By Sq Ft: 34.23
  • Ratio List Price By Acres: 859513.93
  • Ratio List Price By Sq Ft: 37.68
  • Regional Board Code: Syracuse
  • Rent Includes: Water
  • Roof Description: Asphalt, Shingles
  • School Tax: 1029
  • Sub Board Code: Syracuse
  • Tax Information: Taxes include Special Assessments
  • Type of Residence: 4 Unit
  • Type of Sale: Normal
  • Year Built Description: Existing
  • Lot Sq Ft: 7350
  • Age of Building: 102
  • Year Built: 1920
  • Directions To Property: From Lodi St to Butternut St.
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2
  • Year Built: 1920

Interior Features

  • Additional Interior Features: Circuit Breakers - Some, Copper Plumbing - Some
  • Attic Description: Crawl Space
  • Basement Description: Full
  • Floor Description: Laminate-Some
  • Total Sq Ft: 3848

Exterior Features

  • Construction: Wood
  • Additional Exterior Features: Deck
  • Number of Acres: 0.1687

Garage/Parking

  • Number of Electric Meters: 4
  • Parking Driveway: No Driveway, Street

Utilities

  • Heating Fuel Description: Gas
  • Hvac Type: Baseboard, Hot Water
  • Number of Gas Meters: 4
  • Number of Heating Units: 4
  • Sewer Description: Sewer Connected
  • Water Heater Fuel: Gas

Schools

  • School District: Syracuse

Lot Info

  • Parcel Number: 311500-015-000-0001-044-000-0000

Rental Info

  • Certificate of Occupancy: Supplied

Multi Family

  • Total Number Of Apartments: 4

Tax Info

  • Total Taxes: 3727

MLS Schools

  • School District Name: Syracuse

Range of Values:

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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 Change Sq Ft Price
12/02/2021 12/02/21 Sold $131,700 -9.2% $34 / Sq Ft
04/07/2021 04/07/21 Pending -- -- --
03/03/2021 03/03/21 For Sale $145,000 -- $38 / Sq Ft
Source: Central New York Information Services

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Central New York Information Services

MLS Number: S1321280

Central New York Information Services