NOT LISTED FOR SALE

128 Armstrong Place Unit 30 Syracuse, NY 13207

Elmwood Neighborhood

Estimated Value: $170,000 - $207,366

6 Beds
2.5 Baths
2,420 Sq Ft
$79/Sq Ft Est. Value

Last Sold July 19, 2023

Last sale price $165,000 $68 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $1,134/month

9 Days on Market

Highlights

  • Wood Flooring
  • Patio
  • Property is near a bus stop
  • Forced Air Cooling System

About This Home

As of July 2023

Great Investment opportunity in Syracuse's Elmwood neighborhood! This side-by-side duplex has a cash-flow powerhouse potential for high gross income. With two units, each with three bedrooms, one bathroom, and a full basement in each unit, this property is a prime opportunity for immediate returns. Currently occupied by very long-term tenants on a month-to-month basis, this property offers stability and a steady rental income stream. You may also explore the possibility of an owner-occupant scenario, where you can reside in one unit while renting out the other, maximizing your investment potential. Seize the opportunity to generate substantial cash flow. Don't miss out on this chance to add a high-income-generating property to your portfolio.

Last Agent to Sell the Property

Ryan Yamini

Listing by Hunt Real Estate ERA License #10301217122 Listed on: 06/02/2023

Hunt Real Estate ERA

Last Buyer's Agent

Dante Belmonte

Listing by Hunt Real Estate ERA License #10401323828

Hunt Real Estate ERA

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,867

Year Built

  • Built in 1960

Lot Details

  • 6,720 Sq Ft Lot
  • Lot Dimensions are 112 x 60

Home Design

  • Shingle Roof
  • Asphalt Roof
  • Partial Copper Plumbing
  • Cedar

Interior Spaces

  • 2,420 Sq Ft Home
  • 2-Story Property
  • Partially Finished Basement
  • Basement Fills Entire Space Under The House

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • 6 Bedrooms

Utilities

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

Additional Features

  • Patio
  • Property is near a bus stop

Listing and Financial Details

  • Rent includes refuse removal, water
  • Tax Lot 18
  • Assessor Parcel Number 311500-074-000-0009-018-000-0000

Community Details

Overview

  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,867

Year Built

Built in 1960

Lot Details

0

Listing Details

  • NY Swis Code: Syracuse City-311500
  • Total Assessed Value: 82200
  • Foundation Description: Poured
  • Listing Type: Exclusive Right To Sell
  • Lot Dimension Depth: 112
  • Lot Dimension Front: 60
  • Lot Information: Near Bus Line, Neighborhood Street
  • Lot Number: 18
  • Nearest Cross Street: South Ave
  • Number of Stories: 2.0000
  • Property Type: Multi-Family Res (2-4) units
  • Ratio Close Price By Acres: 1069345.43
  • Ratio Close Price By Sq Ft: 68.18
  • Ratio List Price By Acres: 971484.12
  • Ratio List Price By Sq Ft: 61.94
  • Regional Board Code: Syracuse
  • Rent Includes: Refuse Removal, Water
  • Roof Description: Asphalt, Shingles
  • School Tax: 1390
  • Sub Board Code: Syracuse
  • Type of Sale: Normal
  • Year Built Description: Existing
  • Lot Sq Ft: 6720
  • Age of Building: 63
  • Year Built: 1960
  • Above Grade Finished Sq Ft: 2420
  • Directions To Property: South Ave up hill toward hospital. Armstrong is last street inside city limits. Take a right and house is up on right side.
  • Sq Ft Total Pub: 2420
  • Unit: 30
  • EnergyEquipment: None
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2
  • Year Built: 1960

Interior Features

  • Full Bathrooms: 2
  • Additional Interior Features: Circuit Breakers - Some, Copper Plumbing - Some, Electrical Fuses - some
  • Attic Description: Crawl Space
  • Basement Description: Full, Partially Finished
  • Floor Description: Hardwood-Some, Vinyl-Some
  • Half Bathrooms: 1
  • Total Bathrooms: 3.00
  • Total Bedrooms: 6
  • Total Sq Ft: 2420

Exterior Features

  • Construction: Cedar, Shake Shingle
  • Additional Exterior Features: Cable TV Available, Patio
  • Number of Acres: 0.1543

Garage/Parking

  • Number of Electric Meters: 2
  • Parking Driveway: 2 or More Spaces, Blacktop

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

Schools

  • School District: Syracuse

Lot Info

  • Parcel Number: 311500-074-000-0009-018-000-0000

Rental Info

  • Certificate of Occupancy: Negotiable

Multi Family

  • Total Number Of Apartments: 2

Tax Info

  • Total Taxes: 3867

MLS Schools

  • School District Name: Syracuse

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 2, 2023
Closed on
Jul 17, 2023
Sold by
Suka Properties Llc
Bought by
Ottman Joann
Seller's Agent
Ryan Yamini
Hunt Real Estate ERA
Buyer's Agent
Dante Belmonte
Hunt Real Estate ERA
List Price
$149,900
Sold Price
$165,000
Premium/Discount to List
$15,100
10.07%
Views
174
Current Estimated Value
$191,092

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$26,092
Avg. Annual Appreciation
6.65%

Purchase Details

Closed on
Aug 19, 2014
Sold by
Booth Andrew
Bought by
Suka Properties Llc

Purchase Details

Listed on
Aug 16, 2013
Closed on
Nov 7, 2013
Sold by
Williams Daryl
Bought by
Booth Andrew
Seller's Agent
Alan Lathrop
Integrated Real Estate Ser LLC
Buyer's Agent
Amber Hotaling
Illuminate Real Estate Service
List Price
$99,900
Sold Price
$92,000
Premium/Discount to List
-$7,900
-7.91%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.30%
Original Mortgage
$66,000
Interest Rate
4.36%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 2, 2006
Sold by
Gillman Kathleen M
Bought by
Williams Daryl
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Ottman Joann $165,000 None Available
Suka Properties Llc -- Christopher Smith
Booth Andrew $92,000 --
Williams Daryl $79,310 Robert Germain
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Booth Andrew $66,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/19/2023 07/19/23 Sold $165,000 +10.1% $68 / Sq Ft
06/11/2023 06/11/23 Pending -- -- --
06/02/2023 06/02/23 For Sale $149,900 +62.9% $62 / Sq Ft
11/15/2013 11/15/13 Sold $92,000 -7.9% $38 / Sq Ft View Prior Sale
09/04/2013 09/04/13 Pending -- -- --
08/16/2013 08/16/13 For Sale $99,900 -- $41 / Sq Ft
Source: Central New York Information Services

Tax History Compared to Growth

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 -- $82,200 $9,700 $72,500
2023 $1,589 $82,200 $9,700 $72,500
2022 $1,618 $82,200 $9,700 $72,500
2021 $1,618 $82,200 $9,700 $72,500
2020 $1,688 $82,200 $9,700 $72,500
2019 $1,685 $82,200 $9,700 $72,500
2018 $1,685 $82,200 $9,700 $72,500
2017 $1,621 $82,200 $9,700 $72,500
2016 $1,646 $82,200 $9,700 $72,500
2015 -- $82,200 $9,700 $72,500
2014 -- $82,200 $9,700 $72,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Central New York Information Services

MLS Number: S1473489

Central New York Information Services

APN: 311500-074-000-0009-018-000-0000