1148 Cannon St Unit 50 Syracuse, NY 13205
Brighton NeighborhoodEstimated payment $950/month
Highlights
- Wood Flooring
- Attic
- Forced Air Heating System
- Fred S Engle Middle School Rated A-
- Balcony
About This Home
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
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $2,534
Year Built
- Built in 1900
Lot Details
- 4,752 Sq Ft Lot
- Lot Dimensions are 36x132
Home Design
- Duplex
- Vinyl Siding
Interior Spaces
- 2,592 Sq Ft Home
- 2-Story Property
- Basement Fills Entire Space Under The House
- Attic
Flooring
- Wood
- Laminate
Bedrooms and Bathrooms
- 8 Bedrooms
- 3 Full Bathrooms
Outdoor Features
- Balcony
Utilities
- Forced Air Heating System
- Heating System Uses Gas
- Gas Water Heater
Listing and Financial Details
- Tax Lot 19
- Assessor Parcel Number 311500-076-000-0015-019-000-0000
Community Details
Overview
- 2 Units
- Harper Tr Subdivision
Building Details
- 2 Separate Gas Meters
Map
Home Values in the Area
Average Home Value in this Area
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 | -- | $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 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 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 | View Prior Sale |
| 10/10/2022 10/10/22 | Pending | -- | -- | -- | |
| 09/29/2022 09/29/22 | For Sale | $89,900 | -- | $35 / Sq Ft |
Purchase History
| 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 | -- | -- |
Source: Central New York Information Services
MLS Number: S1560008
APN: 311500-076-000-0015-019-000-0000
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