NOT LISTED FOR SALE

Estimated Value: $229,000 - $239,000

5 Beds
3 Baths
2,254 Sq Ft
$104/Sq Ft Est. Value

Last Sold January 29, 2024

Last sale price $200,000 $89 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $1,388/month

7 Days on Market

Highlights

  • Cathedral Ceiling
  • 2 Car Garage
  • Heating System Uses Gas
  • Wood Flooring
  • Wood Siding
  • 5-minute walk to Cummings Field

About This Home

As of January 2024

Huge opportunities with this 3-unit multifamily residential property located in East Syracuse! This property includes 3 separately metered apartments with separate electric meters, separate boilers (radiant heating) and separate hot water tanks. The first and second floor apartments feature separate living rooms and dining rooms. Can be an excellent investment opportunity with possible 8%+ cap rate. Property is being sold completely vacant and ready for whatever plans the new owner may have. Most recent rent roll totaled $3,200/month in gross rental income.

Last Agent to Sell the Property

Tony D'Anzica

Listing by DynaMax Realty, Inc. License #31DA1119388 Listed on: 11/09/2023

Last Buyer's Agent

Andrea Kremer

Listing by Rooftop Realty Group LLC License #10401316786

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,703

Year Built

  • Built in 1910

Lot Details

  • 5,465 Sq Ft Lot
  • Lot Dimensions are 51x105

Parking

  • 2 Car Garage

Home Design

  • Triplex
  • Block Foundation
  • Wood Siding
  • Shake Siding

Interior Spaces

  • 2,254 Sq Ft Home
  • 2-Story Property
  • Cathedral Ceiling
  • Basement Fills Entire Space Under The House
  • Washer Hookup

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Full Bathrooms

Utilities

  • Heating System Uses Gas
  • Radiant Heating System
  • Gas Water Heater

Community Details

  • 3 Units
  • 3 Separate Gas Meters

Listing and Financial Details

  • Tenant pays for all utilities
  • Rent includes trash collection, water
  • Tax Lot 30
  • Assessor Parcel Number 311500-021-000-0002-030-000-0000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,703

Year Built

Built in 1910

Lot Details

5,465 Sq Ft Lot

Parking

2

Listing Details

  • Property Sub Type: Multi Family
  • Property Type: Residential
  • Rent Includes: Trash Collection, Water
  • Year Built: 1910
  • ResoLaundryFeatures: Washer Hookup
  • Lot Features: Residential Lot
  • Road Frontage Type: City Street
  • Directions: From Teall Avenue take James Street toward East Syracuse and take a left on Mildred Avenue
  • Architectural Style: Triplex
  • Flooring: Hardwood, Other, See Remarks, Varies, Vinyl
  • Garage Yn: Yes
  • Interior Features: Cathedral Ceiling(s)
  • Unit Levels: Two
  • Year Built Details: Existing
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: VirtualTour

Interior Features

  • Appliances: Gas Water Heater
  • Basement: Full
  • Basement YN: Yes
  • Full Bathrooms: 3
  • Total Bedrooms: 5
  • Stories: 2
  • Stories: 2

Exterior Features

  • Acres: 0.1255
  • Waterfront: No
  • Construction Type: Other, Shake Siding, See Remarks, Wood Siding
  • Foundation Details: Block

Garage/Parking

  • Garage Spaces: 2.0
  • Parking Features: Paved, Two or More Spaces

Utilities

  • Heating: Gas, Radiant
  • HeatingYN: Yes
  • Utilities: Sewer Connected, Water Connected
  • Water Source: Connected, Public

Schools

  • Junior High Dist: Syracuse

Lot Info

  • Parcel Number: 311500-021-000-0002-030-000-0000
  • Lot Dimensions: 51X105
  • Lot Size Sq Ft: 5465.0
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: All Utilities

Multi Family

  • Number Of Units In Community: 3
  • Number Of Units Total: 3
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3

Tax Info

  • Tax Annual Amount: 4703.0
  • Tax Lot: 30

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 9, 2023
Closed on
Jan 29, 2024
Sold by
Eagles Vision Llc
Bought by
Lin Chen P
Seller's Agent
Tony D'Anzica
DynaMax Realty, Inc.
Buyer's Agent
Andrea Kremer
Rooftop Realty Group LLC
List Price
$197,000
Sold Price
$200,000
Premium/Discount to List
$3,000
1.52%
Views
22
Current Estimated Value
$234,468

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$34,468
Avg. Annual Appreciation
7.71%
Original Mortgage
$150,000
Outstanding Balance
$147,514
Interest Rate
6.95%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$86,954

Purchase Details

Closed on
Oct 21, 2007
Sold by
Bartlett John Jay
Bought by
Adams Brian

Purchase Details

Closed on
Oct 12, 2005
Sold by
Bartlett John Jay
Bought by
Cleveland Donna L
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
Lin Chen P $200,000 None Available
Adams Brian $113,300 --
Adams Brian $113,300 --
Cleveland Donna L -- --
Cleveland Donna L -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lin Chen P $150,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/29/2024 01/29/24 Sold $200,000 +1.5% $89 / Sq Ft
11/16/2023 11/16/23 Pending -- -- --
11/09/2023 11/09/23 For Sale $197,000 -- $87 / 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 $2,012 $92,000 $10,600 $81,400
2023 $2,035 $92,000 $10,600 $81,400
2022 $1,998 $92,000 $10,600 $81,400
2021 $1,998 $84,700 $10,600 $74,100
2020 $2,058 $84,700 $10,600 $74,100
2019 $2,048 $84,700 $10,600 $74,100
2018 $2,048 $84,700 $10,600 $74,100
2017 $1,963 $84,700 $10,600 $74,100
2016 $1,988 $84,700 $10,600 $74,100
2015 -- $84,700 $10,600 $74,100
2014 -- $84,700 $10,600 $74,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Central New York Information Services

MLS Number: S1508647

Central New York Information Services

APN: 311500-021-000-0002-030-000-0000

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