NOT LISTED FOR SALE

121 Lakeview Ave Syracuse, NY 13204

Park Ave Neighborhood
-- Bed
-- Bath
4,575 Sq Ft
4,356 Sq Ft Lot Lot

Sale Details

Date Sold: December 15, 2020

Last sale price $82,000 $18 Per Sq Ft

69 Days on Market

Highlights

  • Property is near public transit
  • Woodwork
  • Laundry Facilities
  • Wood Flooring
  • Forced Air Heating System
  • 4-minute walk to Frazer Park

About This Home

As of December 2020

DFT - Great returns on this 4 unit investment property with updated furnaces (4) and hot water heaters as well as newer roof. Property is currently 1/2 occupied with 4 identical 2 bedroom apartments with $2,550/mo gross income when rented. Owner recently obtained c of C. Located just a few blocks from near Westside development area and walking distance to new shopping center with Aldi's and public transportation. Excellent opportunity for cash flow investment!

Last Agent to Sell the Property

Bill Carroll

Listing by Real Broker NY LLC License #40CA0943190 Listed on: 03/11/2020

Last Buyer's Agent

Bill Carroll

Listing by Real Broker NY LLC License #40CA0943190 Listed on: 03/11/2020

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,071

Year Built

  • Built in 1920

Lot Details

  • 4,356 Sq Ft Lot
  • Lot Dimensions are 33x132

Parking

  • On-Street Parking

Home Design

  • Quadruplex
  • Block Foundation
  • Frame Construction
  • Vinyl Siding
  • Siding
  • Copper Plumbing

Interior Spaces

  • 4,575 Sq Ft Home
  • 2-Story Property
  • Woodwork
  • Basement Fills Entire Space Under The House

Flooring

  • Wood
  • Laminate

Location

  • Property is near public transit

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas
  • Gas Water Heater
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for all utilities
  • Rent includes water
  • Tax Lot 54
  • Assessor Parcel Number 311500-109-000-0001-054-000-0000

Community Details

Building Details

  • 4 Separate Gas Meters
  • Operating Expense $1,200
  • Gross Income $30,600

Additional Features

  • 4 Units
  • Laundry Facilities

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,071

Year Built

Built in 1920

Lot Details

4,356 Sq Ft Lot

Listing Details

  • Property Sub Type: Multi Family
  • Property Type: Residential
  • Rent Includes: Water
  • Year Built: 1920
  • ResoLaundryFeatures: Common Area
  • Lot Features: Near Public Transit, Residential Lot
  • Road Frontage Type: City Street
  • Directions: From Downtown or 690W take Geddes St. cross W. Genessee St to RT on Richmond to 2nd left on Liberty St. to RT on Lakeview (2nd house on left).
  • Architectural Style: Fourplex
  • Flooring: Hardwood, Laminate, Resilient, Varies
  • Interior Features: Natural Woodwork
  • Unit Levels: Two
  • Year Built Details: Existing
  • Financial Info Electric: Circuit Breakers
  • Special Features: VirtualTour

Interior Features

  • Appliances: Gas Water Heater
  • Basement: Full
  • Basement YN: Yes
  • Stories: 2
  • Stories: 2

Exterior Features

  • Acres: 0.1
  • Waterfront: No
  • Construction Type: Composite Siding, Frame, Vinyl Siding, Copper Plumbing
  • Foundation Details: Block

Garage/Parking

  • Parking Features: No Driveway, On Street

Utilities

  • Heating: Gas, Forced Air
  • HeatingYN: Yes
  • Utilities: Cable Available, High Speed Internet Available, Sewer Connected, Water Connected
  • Water Source: Connected, Public

Schools

  • Junior High Dist: Syracuse

Lot Info

  • Parcel Number: 311500-109-000-0001-054-000-0000
  • Lot Dimensions: 33X132
  • Lot Size Sq Ft: 4356.0
  • ResoLotSizeUnits: Acres
  • Zoning Description: Residential Multi Use

Rental Info

  • Tenant Pays: All Utilities

Multi Family

  • Number Of Units In Community: 4
  • Number Of Units Total: 4
  • Annual Gross Income: 30600.0
  • Annual Operating Expense: 1200.0
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4

Tax Info

  • Tax Annual Amount: 4071.0
  • Tax Lot: 54
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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 List to Sale Price per Sq Ft Prior Sale
12/15/2020 12/15/20 Sold $82,000 -8.4% $18 / Sq Ft
10/23/2020 10/23/20 Price Changed $89,500 0.0% $20 / Sq Ft
10/23/2020 10/23/20 For Sale $89,500 +5.3% $20 / Sq Ft
05/19/2020 05/19/20 Pending -- -- --
03/11/2020 03/11/20 For Sale $85,000 +54.5% $19 / Sq Ft
12/29/2017 12/29/17 Sold $55,000 -8.2% $12 / Sq Ft View Prior Sale
10/05/2017 10/05/17 Pending -- -- --
07/10/2017 07/10/17 For Sale $59,900 0.0% $13 / Sq Ft
06/09/2017 06/09/17 Pending -- -- --
01/20/2017 01/20/17 Price Changed $59,900 -14.3% $13 / Sq Ft
10/20/2016 10/20/16 For Sale $69,900 +18.5% $15 / Sq Ft
04/16/2014 04/16/14 Sold $59,000 -1.5% $13 / Sq Ft View Prior Sale
03/17/2014 03/17/14 Pending -- -- --
01/07/2014 01/07/14 For Sale $59,900 -- $13 / 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
2025 $2,103 $80,000 $13,100 $66,900
2024 $2,120 $70,000 $13,100 $56,900
2023 $2,128 $70,000 $13,100 $56,900
2022 $2,141 $70,000 $13,100 $56,900
2021 $2,141 $65,900 $13,100 $52,800
2020 $2,168 $65,900 $13,100 $52,800
2019 $2,148 $65,900 $13,100 $52,800
2018 $2,148 $65,900 $13,100 $52,800
2017 $2,046 $65,900 $13,100 $52,800
2016 $2,066 $65,900 $13,100 $52,800
2015 -- $65,900 $13,100 $52,800
2014 -- $65,900 $13,100 $52,800
Source: Public Records

Agents Affiliated with this Home

  • Bill Carroll

    Seller's Agent in 2020

    Bill Carroll

    Real Broker NY LLC

    (315) 430-9092

    2 in this area

    224 Total Sales

    Bill Carroll
    Section Image
  • Ryan Yamini

    Seller's Agent in 2017

    Ryan Yamini

    Hunt Real Estate

    (315) 752-5505

    2 in this area

    202 Total Sales

    Ryan Yamini
    Section Image
  • Richard Morose

    Buyer's Agent in 2017

    Richard Morose

    Syracuse Realty Group

    (315) 651-6974

    2 Total Sales

    Richard Morose
    Section Image

  • G

    Seller's Agent in 2014

    G.Peter Rushford

    A&M of CNY Properties, LLC

See All Agents

Map

Source: Central New York Information Services

MLS Number: S1256385

Central New York Information Services
New York Onondaga County Syracuse 13204 Park Ave

121 Lakeview Ave, Syracuse, NY

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