Estimated payment $978/month
Boasting an 18% Cap Rate, do not miss out on this highly profitable Syracuse duplex. 1148-1150 Cannon St. is a prime investment opportunity ready to generate income from day one. This property has recently undergone key improvements, including a fully renovated bathroom, making it even more attractive to tenants. Currently grossing $2,500 monthly in rent, this property promises a strong cash flow, appealing to real estate investors looking to expand their portfolio with a hassle-free, income-generating asset. Don't miss out on securing a property with solid returns in a thriving market.
Listing Agent
Listing by eXp Realty Brokerage Phone: 888-276-0630 License #10401349971 Listed on: 08/21/2024
| 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 | -- | $45,000 | $6,800 | $38,200 |
| 2023 | $1,175 | $45,000 | $6,800 | $38,200 |
| 2022 | $1,204 | $45,000 | $6,800 | $38,200 |
| 2021 | $1,204 | $45,000 | $6,800 | $38,200 |
| 2020 | $1,232 | $45,000 | $6,800 | $38,200 |
| 2019 | $2,532 | $45,000 | $6,800 | $38,200 |
| 2018 | $1,223 | $45,000 | $6,800 | $38,200 |
| 2017 | $1,169 | $45,000 | $6,800 | $38,200 |
| 2016 | $1,183 | $45,000 | $6,800 | $38,200 |
| 2015 | -- | $45,000 | $6,800 | $38,200 |
| 2014 | -- | $45,000 | $6,800 | $38,200 |
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 12/10/2024 12/10/24 | Pending | -- | -- | -- |
| 08/21/2024 08/21/24 | For Sale | $140,000 | +63.7% | $54 / Sq Ft |
| 02/08/2023 02/08/23 | Sold | $85,500 | -4.9% | $33 / Sq Ft |
| 10/10/2022 10/10/22 | Pending | -- | -- | -- |
| 09/29/2022 09/29/22 | For Sale | $89,900 | -- | $35 / Sq Ft |
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $85,000 | None Available | |
| Deed | $11,000 | Mary Lannon Fangio | |
| Deed | $24,000 | Robert L. Jr. Jokl | |
| Deed | $27,000 | Paul J. Dolan | |
| Deed | $30,000 | David Savlov | |
| Deed | -- | -- | |
| Deed | $27,000 | -- | |
| Deed | -- | -- |
$136,500
Tenants on premises and require 48 hours notice. Part of a 6 property, 16 unit package that includes 1864 Bellevue St., 314 Grant Ave., 313 Liberty St., 517 Geddes St., 308 Erie St. and 290 W. Seneca Tpke. Package is listed for $935,000. Fully rented 3-family with separate utilities, great income producers and w/14% cash on cash return.
Susan Li Coldwell Banker Prime Prop,Inc
$169,900
Spacious 2-family with 3-bedroom on the first floor and 4-bedroom on the second unit. Open porch, new floorings, updated kitchens, bathrooms, furnaces and hot water heaters are all in good working condition. Separate utilities and each unit pays their own. Property is in good shape and ready for new tenants to move in. Solid investment opportunity!
Susan Li Coldwell Banker Prime Prop,Inc
$140,000
North Valley 3-unit money maker with many updates/repairs including replacing some windows, new cabinets, flooring, drywall work, plumbing and lead paint remediation (over $30K invested in the last few years). Large garage is currently rented for $250/month. Good opportunity!
Jeff Guida Yaman Real Estate
$144,900
Selling vacant. Tenants have been given 90-day notice. Large double lot with the home having lots of updates. Roof 1 yr old, 1st floor furnace 1 yr old, 2nd floor furnace 7 yrs old, 2nd floor has updated vinyl windows, circuit breakers, updated flooring in both apartments, copper plumbing, and vinyl siding exterior.
Alan Lathrop Integrated Real Estate Ser LLC
$140,000
This is a rare chance to secure a sizable footprint in a growing corridor, perfect for future development with flexible potential. The sale includes several adjacent vacant lots that the owner purchased in November 2024 from GSPDC, which presents exciting development potential (will not sell separately):- 1541-43 South Ave (Tax ID: 078.-01-28.0)- 1537-39 South Ave (Tax ID:
Samira Jaber The Rapid Realty Group
$114,900
Include in offers #26:"Existing surveys will be provided only. Sold as is where is" Nice money maker at a great price. Just finish the work that has been started, and you can get a great return on your money. 3 bedrooms in each large apartment. Be the 1st to get your offers in. Updated mechanicals and newer roof. Block foundation! 2 car garage
Alan Lathrop Integrated Real Estate Ser LLC
$169,900
Syracuse Investment Opportunity! This multi family home is locally owned and managed and is in good condition. This home is part of a portfolio of 5 multi family properties. The seller would prefer to sell all properties together yet will consider selling them seperately. Financials are available to serious buyers. The portfolio properties are: 410 Chemung St, 429-431 Grant Ave, 157 Annetta St,
Patrick Sheftic Berkshire Hathaway CNY Realty
$119,900
Brick 6-unit apartment building in need of full rehab. Roof is fairly new and in great shape. Each unit has large 2 bedroom floor plans and is ready for a new owner to take it to the next level. Parking out back, most windows have been replaced. Bring a flashlight!
Dante Belmonte Hunt Real Estate ERA
$169,900
Excellent investment opportunity on Syracuse’s West Side with strong income potential and owner-occupant flexibility. This well-maintained duplex features two spacious 3-bedroom, 1-bath units with separate utilities — a key advantage for reducing landlord expenses. The first-floor unit has been recently renovated and is move-in ready, while the second-floor unit is tenant occupied, offering
Ryan Yamini Hunt Real Estate ERA
Source: Central New York Information Services
MLS Number: S1560008
APN: 311500-076-000-0015-019-000-0000
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