$184,900
UNDER CONTRACT $3K PRICE DROP

1516 Valley Dr Syracuse, NY 13207

South Valley Neighborhood

Estimated payment $1,331/month

Total Views 287,364
3 Beds
3.5 Baths
2,619 Sq Ft
$71 Price per Sq Ft

Highlights

  • Property is near public transit
  • Private Yard
  • Window Unit Cooling System
  • Wood Flooring
  • Woodwork
  • 2-minute walk to Rand Tract Park

About This Home

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

Connor Schwartz

Listing by The O'Hara Group License #10401355679 Listed on: 12/05/2024

Co-Listing Agent

Christopher VanAtter

Listing by The O'Hara Group License #10401383970

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,350

Year Built

  • Built in 1960

Lot Details

  • 4,250 Sq Ft Lot
  • Lot Dimensions are 40x106
  • Partially Fenced Property
  • Rectangular Lot
  • Private Yard

Parking

  • 4 Car Garage

Home Design

  • Vinyl Siding

Interior Spaces

  • 2,619 Sq Ft Home
  • 2-Story Property
  • Woodwork
  • Ceiling Fan

Flooring

  • Wood
  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 3 Bedrooms

Basement

  • Basement Fills Entire Space Under The House
  • Sump Pump

Location

  • Property is near public transit

Utilities

  • Window Unit Cooling System
  • Forced Air Heating System
  • Heating System Uses Gas
  • Gas Water Heater

Community Details

  • 2 Units
  • 2 Separate Gas Meters

Listing and Financial Details

  • Tax Lot 9
  • Assessor Parcel Number 311500-070-000-0015-009-000-0000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,350

Year Built

Built in 1960

Lot Details

0

Parking

4

Listing Details

  • Property Sub Type: Multi Family
  • Property Type: Residential
  • Year Built: 1960
  • Lot Features: Other, Near Public Transit, Rectangular, Rectangular Lot, See Remarks
  • Co List Office Mls Id: OHAR01
  • Co List Office Phone: 315-491-6088
  • Directions: When traveling south on Valley Dr, the property is located on the right and is the property with the print shop store front.
  • Flooring: Carpet, Hardwood, Laminate, Varies
  • Garage Yn: Yes
  • Interior Features: Ceiling Fan(s), Natural Woodwork
  • Unit Levels: Two
  • Year Built Details: Existing
  • Financial Info Electric: Circuit Breakers
  • Special Features: 4224

Interior Features

  • Appliances: Gas Water Heater
  • Basement: Full, Sump Pump
  • Basement YN: Yes
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Stories: 2
  • Stories: 2

Exterior Features

  • Fencing: Partial
  • Acres: 0.0976
  • Waterfront: No
  • Construction Type: Frame, Vinyl Siding
  • Exterior Features: Fence, Private Yard, See Remarks

Garage/Parking

  • Garage Spaces: 4.0
  • Parking Features: Paved, Two or More Spaces

Utilities

  • Cooling: Window Unit(s)
  • Cooling Y N: Yes
  • 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: 311500-070-000-0015-009-000-0000
  • Lot Dimensions: 40X106
  • Lot Size Sq Ft: 4250.0
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: All Utilities

Multi Family

  • Number Of Units In Community: 2
  • Number Of Units Total: 2
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2

Tax Info

  • Tax Annual Amount: 4350.0
  • Tax Lot: 9

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

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 -- $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
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
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
Source: Central New York Information Services

Purchase History

Date Type Sale Price Title Company
Warranty Deed -- None Available
Warranty Deed $110,000 None Available
Warranty Deed -- None Available
Interfamily Deed Transfer -- --
Source: Public Records

About the Listing Agent

Connor Schwartz
Connor Schwartz

Listing by The O'Hara Group

(315) 818-3623

Section Image

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 and leasing, 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

View Connor's Profile

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Source: Central New York Information Services

MLS Number: S1580056

Central New York Information Services

APN: 311500-070-000-0015-009-000-0000

New York Onondaga County Syracuse 13207 South Valley

1516 Valley Dr, Syracuse, NY

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Connor Schwartz
Connor Schwartz
Listing Agent Section Image
The O'Hara Group
(315) 818-3623