NOT LISTED FOR SALE
-- Bed
-- Bath
4,554 Sq Ft
5,227 Sq Ft Lot Lot

Sale Details

Date Sold: October 10, 2014

Last sale price $82,000 $18 Per Sq Ft

161 Days on Market

Highlights

  • Wood Flooring
  • Forced Air Heating System
  • Wood Siding

About This Home

As of October 2014

CASH COW! Well maintained and ALWAYS RENTED!! Great investment property close to inner harbour and Destiny USA project as well as downtown and hospitals. Building has 4 units with long term tenants (vacancy filled quickly by local organization). Cap rate of close to 12%. New furnace and two new boilers. Owner currently pays for heat. Off street parking for 4+ cars. $26,400 Gross Annual Rental income at 100% occupancy.

Last Agent to Sell the Property

Bill Carroll

Listing by Real Broker NY LLC License #40CA0943190 Listed on: 03/23/2014

Last Buyer's Agent

Joseph C. Scordo

Listing by Howard Hanna Real Estate License #40SC1149248

Howard Hanna Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,521

Year Built

  • Built in 1940

Lot Details

  • 5,227 Sq Ft Lot
  • Lot Dimensions are 45x119

Home Design

  • Quadruplex
  • Frame Construction
  • Wood Siding
  • Aluminum Siding
  • Steel Siding

Interior Spaces

  • 4,554 Sq Ft Home
  • 3-Story Property
  • Basement Fills Entire Space Under The House

Kitchen

  • Electric Oven
  • Electric Range
  • Range Hood

Flooring

  • Wood
  • Carpet
  • Linoleum
  • Laminate
  • Tile
  • Vinyl

Parking

  • No Garage
  • Parking Available
  • Paved Parking

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas
  • Vented Exhaust Fan
  • Gas Water Heater

Listing and Financial Details

  • Rent includes gardener, heat, snow removal, water
  • Assessor Parcel Number 311500-009-000-0002-035-000-0000

Community Details

Overview

  • 4 Units

Building Details

  • 4 Separate Gas Meters
  • Operating Expense $7,700
  • Gross Income $24,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,521

Year Built

Built in 1940

Lot Details

5,227 Sq Ft Lot

Listing Details

  • Property Sub Type: Multi Family
  • Property Type: Residential
  • Rent Includes: Gardener, Heat, Snow Removal, Water
  • Year Built: 1940
  • Lot Features: Residential Lot
  • Road Frontage Type: City Street
  • Directions: North Salina St. to Mary St. to left on Lilac - property on right.
  • Architectural Style: Fourplex
  • Flooring: Carpet, Hardwood, Laminate, Linoleum, Tile, Varies, Vinyl
  • Garage Yn: No
  • Year Built Details: Existing
  • Special Features: VirtualTour

Interior Features

  • Appliances: Exhaust Fan, Electric Oven, Electric Range, Gas Water Heater, Range Hood
  • Basement: Full
  • Basement YN: Yes
  • Stories: 3
  • Stories: 3

Exterior Features

  • Acres: 0.12
  • Waterfront: No
  • Construction Type: Aluminum Siding, Frame, Steel Siding, Wood Siding

Garage/Parking

  • Parking Features: No Garage, Paved, Parking Available, Two or More Spaces

Utilities

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

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Junior High Dist: Syracuse

Lot Info

  • Parcel Number: 311500-009-000-0002-035-000-0000
  • Lot Dimensions: 45X119
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units In Community: 4
  • Number Of Units Total: 4
  • Annual Gross Income: 24000.0
  • Annual Operating Expense: 7700.0
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4

Tax Info

  • Tax Annual Amount: 3521.0
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
10/10/2014 10/10/14 Sold $82,000 -28.4% $18 / Sq Ft
08/31/2014 08/31/14 Pending -- -- --
03/23/2014 03/23/14 For Sale $114,500 -- $25 / 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
2025 $2,160 $82,000 $15,400 $66,600
2024 $2,120 $70,000 $15,400 $54,600
2023 $2,128 $70,000 $15,400 $54,600
2022 $2,186 $70,000 $15,400 $54,600
2021 $2,186 $70,000 $15,400 $54,600
2020 $2,095 $70,000 $15,400 $54,600
2019 $3,648 $60,000 $15,400 $44,600
2018 $2,074 $60,000 $15,400 $44,600
2017 $1,974 $60,000 $15,400 $44,600
2016 $1,992 $60,000 $15,400 $44,600
2015 -- $60,000 $15,400 $44,600
2014 -- $60,000 $15,400 $44,600
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Central New York Information Services

MLS Number: S307346

Central New York Information Services
Your Personal Tour Guide

Ask me questions while you tour the home.