$3,400,000
$450K PRICE DROP

Estimated payment $19,087/month

Total Views 25,701
8 Beds
-- Bath
21,420 Sq Ft
$159 Price per Sq Ft

Highlights

  • 1.01 Acre Lot
  • Wood Flooring
  • Cooling System Mounted In Outer Wall Opening
  • Property is near public transit
  • Main Floor Bedroom
  • Storage

About This Home

Excellent investment opportunity featuring a commercial building with 8 income generating residential townhouse units. Each unit, take note, they are all the exact same floor plan, includes 3 bedrooms, 2.5 bathrooms, a private 2 car garage and an in unit washer and dryer for tenant convenience. Designed for modern living, every townhouse also boasts a private outdoor courtyard. This low maintenance property offers strong rental potential and long term value. Ideal for investors seeking stable cash flow and future growth.

Listing Agent

Dominick Ciciarelli

Listing by Ciciarelli Real Estate LLC License #10491209998 Listed on: 06/09/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $16,747

Year Built

  • Built in 1980

Lot Details

  • 1.01 Acre Lot
  • Lot Dimensions are 220x200
  • Rectangular Lot

Parking

  • 1 Car Garage
  • Garage Door Opener
  • Driveway

Home Design

  • Brick Exterior Construction
  • Frame Construction
  • Wood Siding
  • Copper Plumbing
  • Cedar

Interior Spaces

  • 21,420 Sq Ft Home
  • 3-Story Property
  • Ceiling Fan
  • Sliding Doors
  • Storage

Kitchen

  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

  • 8 Bedrooms
  • Main Floor Bedroom

Laundry

  • Dryer
  • Washer

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Wall Furnace
  • Electric Water Heater

Additional Features

  • Accessible Utilities
  • Property is near public transit

Community Details

  • 8 Units
  • 8 Separate Gas Meters

Listing and Financial Details

  • Tax Lot 13
  • Assessor Parcel Number 311500-019-000-0007-013-000-0000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$16,747

Year Built

Built in 1980

Lot Details

0

Parking

1

Listing Details

  • Property Sub Type: Other
  • Property Type: Multi Family
  • Rent Includes: Common Area Maintenance, Snow Removal, Water
  • Year Built: 1980
  • ResoLaundryFeatures: Accessible Utilities or Laundry
  • Lot Features: Near Public Transit, Rectangular, Rectangular Lot
  • Road Frontage Type: Main Thoroughfare
  • Directions: Right on James St. in between Sedgwick Dr. and Dewitt St.
  • Flooring: Carpet, Ceramic Tile, Hardwood, Laminate, Tile, Varies
  • Garage Yn: Yes
  • Interior Features: Ceiling Fan(s), Sliding Glass Door(s), Storage, Bedroom on Main Level
  • Year Built Details: Existing
  • Financial Info Electric: Circuit Breakers
  • Property Sub Type Additional: Other
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dryer, Dishwasher, Electric Water Heater, Microwave, Refrigerator, Washer
  • Basement: None
  • Basement YN: No
  • Total Bedrooms: 8
  • Door Features: Sliding Doors
  • Stories: 3
  • Stories: 3

Exterior Features

  • Acres: 1.01
  • Waterfront: No
  • Construction Type: Brick, Cedar, Frame, Other, Wood Siding, Copper Plumbing
  • Exterior Features: Blacktop Driveway

Garage/Parking

  • Garage Spaces: 1.0
  • Parking Features: Two Spaces, Garage, Garage Door Opener

Utilities

  • Cooling: Wall Unit(s)
  • Cooling Y N: Yes
  • Heating: Electric, Wall Furnace
  • HeatingYN: Yes
  • Utilities: Sewer Connected, Water Connected
  • Water Source: Connected, Public

Condo/Co-op/Association

  • Community Features: Other, See Remarks

Schools

  • Junior High Dist: Syracuse

Lot Info

  • Parcel Number: 311500-019-000-0007-013-000-0000
  • Lot Dimensions: 220X200
  • Lot Size Sq Ft: 44015.0
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units Total: 8
  • Number Of Separate Electric Meters: 8
  • Number Of Separate Gas Meters: 8

Tax Info

  • Tax Annual Amount: 16747.0
  • Tax Lot: 13

Map

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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 $6,482 $350,000 $64,000 $286,000
2023 $6,591 $350,000 $64,000 $286,000
2022 $6,707 $350,000 $64,000 $286,000
2021 $6,707 $350,000 $64,000 $286,000
2020 $7,010 $350,000 $64,000 $286,000
2019 $16,430 $350,000 $64,000 $286,000
2018 $7,003 $350,000 $64,000 $286,000
2017 $6,742 $350,000 $64,000 $286,000
2016 $6,847 $350,000 $64,000 $286,000
2015 -- $350,000 $64,000 $286,000
2014 -- $350,000 $64,000 $286,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/02/2026 01/02/26 Price Changed $3,400,000 -8.1% $159 / Sq Ft
09/25/2025 09/25/25 Price Changed $3,700,000 -3.9% $173 / Sq Ft
06/09/2025 06/09/25 For Sale $3,850,000 -- $180 / Sq Ft
Source: Central New York Information Services

Source: Central New York Information Services

MLS Number: S1611781

Central New York Information Services