NOT LISTED FOR SALE
-- Bed
-- Bath
4,164 Sq Ft
3,951 Sq Ft Lot

Last Sold October 12, 2022

Last sale price $80,500 $19 Per Sq Ft

19 Days on Market

Highlights

  • Wood Flooring
  • Private Yard
  • 2 Car Garage
  • Full Attic
  • Forced Air Cooling System
  • Multiple Heating Units

About This Home

As of October 2022

Enormous potential awaits you in this rare 4-unit property. This property is PRICED TO SELL! Close to shopping, downtown, parks & bus lines, this conveniently located property contains 3 1BR /1BA apartments, 1 2BR /1BA apartment (each with separate gas/electric meters), off-street parking, 2-car garage and the following upgrades: new roof (2019), new furnace (2019, Apt#2); new hot water tank, toilet & 2 new windows (2016, Apt#3), new bathroom sink/toilet (2017, Apt#4); new bathroom tub surround including new shower valve, shower water supply lines and tub spout (2021, Apt.#4); fully remodeled bathroom, including plumbing (2017, Apt#1); new kitchen floor & 3 new windows (2019, Apt.#1); new gas stove (2020, Apt.#4); new refrigerators (2018, Apt.#3 & 2020, Apt.#1). Soffit/fascia was repaired in 2020 and aluminum siding was repaired in 2019. A Certificate of Compliance was issued in June 2019. Apt.#2 needs work, but even when factoring the cost of renovations this investment property still yields 10+% cap rate when fully occupied. Apts. #2 and 4 are vacant and will remain vacant for now for ease of showing. Tenant in Apt.#3 is scheduled to vacate July 31. Property will be sold "AS IS".

Last Agent to Sell the Property

Tony D'Anzica

Listing by DynaMax Realty, Inc. License #31DA1119388 Listed on: 07/21/2022

Last Buyer's Agent

Stacey Romano

Listing by Howard Hanna Real Estate License #10301218857

Howard Hanna Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,012

Year Built

  • Built in 1920

Lot Details

  • 3,951 Sq Ft Lot
  • Lot Dimensions are 99 x 39
  • Private Yard

Home Design

  • Asphalt Roof
  • Partial Copper Plumbing

Interior Spaces

  • 4,164 Sq Ft Home
  • 2-Story Property
  • Basement Fills Entire Space Under The House
  • Full Attic

Flooring

  • Wood
  • Vinyl

Parking

  • 2 Car Garage
  • Driveway

Utilities

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

Listing and Financial Details

  • Rent includes grounds maintenance, lawn maintenance, no utilities, refuse removal, water
  • Tax Lot 27
  • Assessor Parcel Number 311500-010-000-0019-027-000-0000

Community Details

Overview

  • 4 Units

Building Details

  • 4 Separate Electric Meters
  • 4 Separate Gas Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,012

Year Built

Built in 1920

Lot Details

3,951 Sq Ft Lot

Listing Details

  • NY Swis Code: Syracuse City-311500
  • Total Assessed Value: 44000
  • Listing Type: Exclusive Right To Sell
  • Lot Dimension Depth: 99
  • Lot Dimension Front: 39
  • Lot Information: Neighborhood Street, Primary Road
  • Lot Number: 27
  • Nearest Cross Street: Warham Street
  • Number of Stories: 2.0000
  • Property Type: Multi-Family Res (2-4) units
  • Ratio Close Price By Acres: 887541.35
  • Ratio Close Price By Sq Ft: 19.33
  • Ratio List Price By Acres: 936052.92
  • Ratio List Price By Sq Ft: 20.39
  • Regional Board Code: Syracuse
  • Rent Includes: Grounds Maintenance, Lawn Maintenance, No Utilities, Refuse Removal, Water
  • Roof Description: Asphalt
  • School Tax: 744
  • Sub Board Code: Syracuse
  • Type of Residence: 4 Unit
  • Type of Sale: Normal
  • Year Built Description: Existing
  • Lot Sq Ft: 3951
  • Age of Building: 102
  • Year Built: 1920
  • Directions To Property: From Grant Blvd go south onto Butternut Street. Property is on the right after Warham Street
  • Sq Ft Total Pub: 4164
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2
  • Year Built: 1920

Interior Features

  • Additional Interior Features: Circuit Breakers - Some, Copper Plumbing - Some
  • Attic Description: Full
  • Basement Description: Full
  • Floor Description: Hardwood-Some, Vinyl-Some
  • Total Sq Ft: 4164

Exterior Features

  • Construction: Aluminum/Steel
  • Additional Exterior Features: Private Yard - see Remarks
  • Number of Acres: 0.0907

Garage/Parking

  • Number of Electric Meters: 4
  • Number of Garage Spaces: 2.0000
  • Parking Driveway: 1 Space, Blacktop, Garage

Utilities

  • Heating Fuel Description: Gas
  • Hvac Type: Forced Air
  • Number of Gas Meters: 4
  • Number of Heating Units: 4
  • Separate Utilities: Electricity, Gas, Heat
  • Sewer Description: Sewer Connected
  • Water Heater Fuel: Gas

Lot Info

  • Parcel Number: 311500-010-000-0019-027-000-0000

Rental Info

  • Certificate of Occupancy: Not Supplied

Multi Family

  • Total Number Of Apartments: 4

Tax Info

  • Total Taxes: 4012

MLS Schools

  • School District Name: Syracuse
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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
10/12/2022 10/12/22 Sold $80,500 -5.2% $19 / Sq Ft
08/09/2022 08/09/22 Pending -- -- --
07/21/2022 07/21/22 For Sale $84,900 +69.8% $20 / Sq Ft
06/08/2012 06/08/12 Sold $50,000 -33.2% $12 / Sq Ft View Prior Sale
03/08/2012 03/08/12 Pending -- -- --
08/02/2011 08/02/11 For Sale $74,900 -- $18 / 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 $1,842 $44,000 $15,900 $28,100
2023 $1,839 $44,000 $15,900 $28,100
2022 $1,897 $44,000 $15,900 $28,100
2021 $1,897 $44,000 $15,900 $28,100
2020 $1,899 $44,000 $15,900 $28,100
2019 $1,876 $44,000 $15,900 $28,100
2018 $1,876 $44,000 $15,900 $28,100
2017 $1,780 $44,000 $15,900 $28,100
2016 $1,793 $44,000 $15,900 $28,100
2015 -- $44,000 $15,900 $28,100
2014 -- $44,000 $15,900 $28,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Central New York Information Services

MLS Number: S1418085

Central New York Information Services
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