NOT LISTED FOR SALE
-- Bed
-- Bath
3,466 Sq Ft
9,975 Sq Ft Lot

Last Sold December 02, 2021

Last sale price $156,600 $45 Per Sq Ft

35 Days on Market

Highlights

  • 0.23 Acre Lot
  • Forced Air Heating System
  • Wood Siding
  • 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

  • $5,471

Year Built

  • Built in 1920

Lot Details

  • 9,975 Sq Ft Lot
  • Lot Dimensions are 47x210

Parking

  • No Garage

Home Design

  • Wood Siding
  • Vinyl Siding
  • Copper Plumbing

Interior Spaces

  • 3,466 Sq Ft Home
  • 2-Story Property
  • Laminate Flooring
  • Basement Fills Entire Space Under The House

Kitchen

  • Electric Oven
  • Electric Range

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 all utilities, heat, water
  • Tax Lot 45
  • Assessor Parcel Number 311500-015-000-0001-045-000-0000

Community Details

Overview

  • 6 Units

Building Details

  • 1 Separate Gas Meter
  • Operating Expense $8,228
  • Gross Income $48,060

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,471

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Sub Type: Other
  • Property Type: Multi Family
  • Rent Includes: All Utilities, Heat, Water
  • Year Built: 1920
  • Lot Features: Near Public Transit, Residential Lot
  • Road Frontage Type: City Street
  • Flooring: Laminate, Varies
  • Garage Yn: No
  • Unit Levels: Two
  • Year Built Details: Existing
  • Financial Info Electric: Circuit Breakers
  • Property Sub Type Additional: Other
  • Special Features: VirtualTour

Interior Features

  • Appliances: Electric Oven, Electric Range, Gas Water Heater, Refrigerator
  • Basement: Full
  • Basement YN: Yes
  • Stories: 2
  • Stories: 2

Exterior Features

  • Acres: 0.229
  • Waterfront: No
  • Construction Type: Vinyl Siding, Wood Siding, Copper Plumbing

Garage/Parking

  • Parking Features: None, No Driveway, No Garage

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: 311500-015-000-0001-045-000-0000
  • Lot Dimensions: 47X210
  • Lot Size Sq Ft: 9975.0
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units Total: 6
  • Annual Gross Income: 48060.0
  • Annual Operating Expense: 8228.0
  • Number Of Separate Electric Meters: 1
  • Number Of Separate Gas Meters: 1

Tax Info

  • Tax Annual Amount: 5471.0
  • Tax Lot: 45
  • Tax Other Annual Assessment Amount: 28.0

Range of Values:

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Average Value
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Sold Price
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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 $156,600 -7.9% $45 / Sq Ft
04/07/2021 04/07/21 Pending -- -- --
03/03/2021 03/03/21 For Sale $170,000 -- $49 / 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: S1321283

Central New York Information Services