NOT LISTED FOR SALE

1258 W Belden Ave Syracuse, NY 13204

Park Ave Neighborhood

Estimated Value: $126,000 - $139,000

3 Beds
2 Baths
1,740 Sq Ft
$77/Sq Ft Est. Value

Last Sold June 20, 2023

Last sale price $87,000 $50 Per Sq Ft

Est. 55% increase in value since last sale

Current estimated payment $819/month

4 Days on Market

Highlights

  • Wood Flooring
  • Forced Air Cooling System
  • Partially Fenced Property
  • Full Attic
  • Property is near bus stop

About This Home

As of June 2023

Turnkey investment property available for sale. Offered at a 17% cap rate. Potential gross rents of 24k/year. Minimal maintenance and vacancy. Great opportunity to add strong numbers to your portfolio or build wealth as an owner-occupant. New roof in 2019. Both units have remodeled kitchens & bathrooms. Downstairs unit is a 1 bed 1 bath. Upstairs unit 2 bed 1 bath. Home is being sold as-is. Multiple offers received. Best and final offer deadline set for of Sunday March 26th at 730pm.

Last Agent to Sell the Property

Steven Barrett

Listing by Divergence Realty Group LLC License #10491212072 Listed on: 03/22/2023

Last Buyer's Agent

Tonya Britton

Listing by Empire Realty Group License #10401333644

Empire Realty Group

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,582

Year Built

  • Built in 1920

Lot Details

  • 3,300 Sq Ft Lot
  • Lot Dimensions are 132 x 25
  • Partially Fenced Property

Parking

  • No Driveway

Home Design

  • Block Foundation
  • Asphalt Roof

Interior Spaces

  • 1,740 Sq Ft Home
  • 2-Story Property
  • Basement Fills Entire Space Under The House
  • Full Attic

Flooring

  • Wood
  • Luxury Vinyl Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Location

  • Property is near bus stop

Utilities

  • Forced Air Cooling System
  • Multiple Heating Units
  • Heating System Uses Gas
  • Gas Water Heater

Listing and Financial Details

  • Rent includes lawn maintenance
  • Tax Lot 12
  • Assessor Parcel Number 311500-108-002-0002-012-000-0000

Community Details

Overview

  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • Operating Expense $4,800
  • Gross Income $24,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,582

Year Built

Built in 1920

Lot Details

3,300 Sq Ft Lot

Listing Details

  • Annual Operating Expenses: 4800
  • NY Swis Code: Syracuse City-311500
  • Total Assessed Value: 48000
  • Foundation Description: Block
  • Gross Annual Income: 24000
  • Listing Type: Exclusive Right To Sell
  • Lot Dimension Depth: 132
  • Lot Dimension Front: 25
  • Lot Information: Near Bus Line, Neighborhood Street
  • Lot Number: 12
  • Nearest Cross Street: West Genesee
  • Number of Stories: 2.0000
  • Property Type: Multi-Family Res (2-4) units
  • Ratio Close Price By Acres: 1147757.26
  • Ratio Close Price By Sq Ft: 50.00
  • Ratio List Price By Acres: 1317941.95
  • Ratio List Price By Sq Ft: 57.41
  • Regional Board Code: Syracuse
  • Rent Includes: Lawn Maintenance
  • Roof Description: Asphalt
  • School Tax: 1345
  • Sub Board Code: Syracuse
  • Type of Residence: 2 Unit
  • Type of Sale: Normal
  • Year Built Description: Existing
  • Lot Sq Ft: 3300
  • Age of Building: 103
  • Year Built: 1920
  • Above Grade Finished Sq Ft: 1740
  • Directions To Property: West Genesee street to Eureka right on West Belden.
  • Sq Ft Total Pub: 1740
  • Attribution Contact: 315-882-0027
  • EnergyEquipment: None
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2
  • Year Built: 1920

Interior Features

  • Full Bathrooms: 2
  • Additional Interior Features: Circuit Breakers - Some
  • Attic Description: Full
  • Basement Description: Full
  • Floor Description: Hardwood-Some, Vinyl-Luxury-Some, Wood-Some
  • Total Bathrooms: 2.00
  • Total Bedrooms: 3
  • Total Sq Ft: 1740

Exterior Features

  • Construction: Wood
  • Additional Exterior Features: Partially Fenced Yard
  • Number of Acres: 0.0758

Garage/Parking

  • Number of Electric Meters: 2
  • Parking Driveway: No Driveway

Utilities

  • Heating Fuel Description: Gas
  • Hvac Type: Forced Air
  • Number of Gas Meters: 2
  • Number of Heating Units: 2
  • Sewer Description: Sewer Connected
  • Water Heater Fuel: Gas

Lot Info

  • Parcel Number: 311500-108-002-0002-012-000-0000

Rental Info

  • Certificate of Occupancy: Supplied

Multi Family

  • Total Number Of Apartments: 2

Tax Info

  • Total Taxes: 2582

MLS Schools

  • School District Name: Syracuse

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 22, 2023
Closed on
Jun 15, 2023
Sold by
Barrett John and Barrett Steven
Bought by
1258 West Belden Llc
Seller's Agent
Steven Barrett
Divergence Realty Group LLC
Buyer's Agent
Tonya Britton
Empire Realty Group
List Price
$99,900
Sold Price
$87,000
Premium/Discount to List
-$12,900
-12.91%
Views
56
Current Estimated Value
$134,667

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$47,667
Avg. Annual Appreciation
17.08%
Original Mortgage
$67,900
Interest Rate
6.67%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
Mar 2, 2018
Closed on
Mar 29, 2018
Sold by
Slade Michael J and Slade Lisa A
Bought by
Barrett John and Barrett Steven
Seller's Agent
Jack Caltabiano
Hunt Real Estate Era
Buyer's Agent
Steven Barrett
Divergence Realty Group LLC
List Price
$32,500
Sold Price
$32,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
20.76%
Original Mortgage
$25,000
Interest Rate
4.43%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 30, 2003
Sold by
Slade Michael J
Bought by
Slade Michael J and Slade Lisa A
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
1258 West Belden Llc $87,000 None Available
Barrett John $32,500 --
Barrett John $32,500 --
Slade Michael J -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner 1258 West Belden Llc $67,900
Previous Owner Barrett John $25,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/20/2023 06/20/23 Sold $87,000 -12.9% $50 / Sq Ft
03/26/2023 03/26/23 Pending -- -- --
03/22/2023 03/22/23 For Sale $99,900 +207.4% $57 / Sq Ft
04/02/2018 04/02/18 Sold $32,500 0.0% $19 / Sq Ft View Prior Sale
03/02/2018 03/02/18 Pending -- -- --
03/02/2018 03/02/18 For Sale $32,500 -- $19 / 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
2024 $1,199 $48,000 $5,300 $42,700
2023 $1,209 $48,000 $5,300 $42,700
2022 $1,238 $48,000 $5,300 $42,700
2021 $1,238 $48,000 $5,300 $42,700
2020 $1,268 $48,000 $5,300 $42,700
2019 $2,532 $48,000 $5,300 $42,700
2018 $1,261 $48,000 $5,300 $42,700
2017 $1,206 $48,000 $5,300 $42,700
2016 $1,220 $48,000 $5,300 $42,700
2015 -- $48,000 $5,300 $42,700
2014 -- $48,000 $5,300 $42,700
Source: Public Records

Agents Affiliated with this Home

  • Steven Barrett

    Seller's Agent in 2023

    Steven Barrett

    Divergence Realty Group LLC

    (315) 882-0027

    3 in this area

    64 Total Sales

    Steven Barrett
    Section Image
  • Tonya Britton

    Buyer's Agent in 2023

    Tonya Britton

    Empire Realty Group

    (315) 807-1751

    2 in this area

    64 Total Sales

    Tonya Britton
    Section Image

  • J

    Seller's Agent in 2018

    Jack Caltabiano

    Hunt Real Estate

    Section Image
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Map

Source: Central New York Information Services

MLS Number: S1459146

Central New York Information Services

APN: 311500-108-002-0002-012-000-0000

New York Onondaga County Syracuse 13204 Park Ave

1258 W Belden Ave, Syracuse, NY

Not Listed for Sale

MultiFamily

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