This is a rare chance to secure a sizable footprint in a growing corridor, perfect for future development with flexible potential. The sale includes several adjacent vacant lots that the owner purchased in November 2024 from GSPDC, which presents exciting development potential (will not sell separately): - 1541-43 South Ave (Tax ID: 078.-01-28.0) - 1537-39 South Ave (Tax ID: 078-01-29.0) - 1535 South Ave (Tax ID: 078.-01-30.0) - 1531 South Ave (Tax ID: 078.-01-31.0) - 1525 South Ave (Tax ID: 078.-01-33.1) The 20' x 132' strip from the adjacent 1537-39 South Ave allows for a potential private driveway. The remaining portion of 1537-39 South Ave has been merged with 1535, 1531, and 1525 South Ave to create a new consolidated parcel—Lot 6B (1525 South Ave)—totaling 23,496 SF. This area is intended for future mixed-use development. Newly Formed Lots: - Lot 11A (1541-43 South Ave): Encompasses 6,996 SF, including space for the planned driveway. Total Combined Land Area: 30,492 SF
The downstairs unit is currently occupied by a reliable tenant since October 2024, paying $1,100/month on a flexible month-to-month lease. The upstairs unit is vacant and ready for new occupants, previously occupied by the owner, offering a chance for immediate rental income or personal use. The property is professionally managed by a reputable property management company, ensuring hassle-free maintenance and lawn care.
** Information regarding the vacant lots is attached**
Listing by The Rapid Realty GroupLicense #10491211566Listed on: 07/15/2025
Property Details
Home Type
Multi-Family
Est. Annual Taxes
$2,243
Year Built
Built in 1930
Lot Details
4,356 Sq Ft Lot
Lot Dimensions are 33x132
Rectangular Lot
Home Design
Wood Siding
Interior Spaces
2,064 Sq Ft Home
2-Story Property
Basement Fills Entire Space Under The House
Flooring
Wood
Carpet
Vinyl
Bedrooms and Bathrooms
6 Bedrooms
2 Full Bathrooms
Location
Property is near public transit
Utilities
Forced Air Heating System
Heating System Uses Gas
Gas Water Heater
Listing and Financial Details
Tax Lot 28
Assessor Parcel Number 311500-078-000-0001-028-000-0000
Community Details
Overview
2 Units
Bissell & Hunt Subdivision
Building Details
2 Separate Gas Meters
Property Details
Home Type
Multi-Family
Est. Annual Taxes
$2,243
Year Built
Built in 1930
Lot Details
0
Listing Details
Property Sub Type: Multi Family
Property Type: Residential
Rent Includes: Gardener, Trash Collection, Water
Year Built: 1930
Unit: 43
Lot Features: Near Public Transit, Rectangular, Rectangular Lot
Road Frontage Type: Main Thoroughfare
Subdivision Name: Bissell & Hunt
Directions: West Onondaga St to South Ave
Flooring: Carpet, Hardwood, Varies, Vinyl
Unit Levels: Two
Year Built Details: Existing
Special Features: VirtualTour
Interior Features
Appliances: Gas Water Heater
Basement: Full
Basement YN: Yes
Full Bathrooms: 2
Total Bedrooms: 6
Stories: 2
Stories: 2
Exterior Features
Acres: 0.1
Waterfront: No
Construction Type: Wood Siding
Garage/Parking
Parking Features: No Driveway
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: 311500-078-000-0001-028-000-0000
Lot Dimensions: 33X132
Lot Size Sq Ft: 4356.0
ResoLotSizeUnits: Acres
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: 2243.0
Tax Lot: 28
Map
Range of Values:
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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
Tax History
Year
Tax Paid
Tax AssessmentTax 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.
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