Estimated payment $1,369/month
Welcome to 1516 Valley Dr, a fantastic mixed-use building situated in Syracuse, NY. The street front boasts a successful store and print shop while the back is a residential 3 bedroom, 2 full bathroom house! Both units are currently rented out for a total gross monthly rent of $2,375 effective 1/1/2025. This presents terrific potential cashflow for an investor! Convenience is key, and this property delivers; nestled close to a wide variety of stores, restaurants, and shops, it also offers easy access to downtown Syracuse's vibrant amenities. Not to mention there is also off-street parking, a rare find in this bustling area! This property has the ability to be sold as a package with the one right next door, 1522 Valley Dr Syracuse, NY. MLS Number: S1577380. It does NOT need to be sold as a package.
Listing Agent
Listing by The O'Hara Group License #10401355679 Listed on: 12/05/2024
| 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 | -- | $68,200 | $12,700 | $55,500 |
| 2023 | $1,546 | $68,200 | $12,700 | $55,500 |
| 2022 | $1,580 | $68,200 | $12,700 | $55,500 |
| 2021 | $1,580 | $68,200 | $12,700 | $55,500 |
| 2020 | $1,629 | $68,200 | $12,700 | $55,500 |
| 2019 | $1,622 | $68,200 | $12,700 | $55,500 |
| 2018 | $1,622 | $68,200 | $12,700 | $55,500 |
| 2017 | $1,243 | $68,200 | $12,700 | $55,500 |
| 2016 | $1,264 | $68,200 | $12,700 | $55,500 |
| 2015 | -- | $68,200 | $12,700 | $55,500 |
| 2014 | -- | $68,200 | $12,700 | $55,500 |
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 01/14/2025 01/14/25 | Price Changed | $184,900 | -1.4% | $71 / Sq Ft |
| 12/05/2024 12/05/24 | For Sale | $187,500 | -- | $72 / Sq Ft |
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | -- | None Available | |
| Warranty Deed | $110,000 | None Available | |
| Warranty Deed | -- | None Available | |
| Interfamily Deed Transfer | -- | -- |
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $2,510,000 | Stand Alone Refi Refinance Of Original Loan |
Connor Schwartz is a seasoned real estate professional, investor, and licensed New York State real estate agent who assists in the oversight of all client transactions with the Trifecta Wealth Team of The O'Hara Group. With expertise in residential, investment, and commercial property sales, Connor is dedicated to guiding clients through every step of the real estate process, ensuring each deal successfully reaches the closing table. As an experienced investor himself, he is able to provide
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Source: Central New York Information Services
MLS Number: S1580056
APN: 311500-070-000-0015-009-000-0000
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