NOT LISTED FOR SALE

163 E 9th St Oswego, NY 13126

Estimated Value: $491,761 - $519,000

5 Beds
2 Baths
10,204 Sq Ft
$50/Sq Ft Est. Value

Last Sold December 23, 2019

Last sale price $196,000 $19 Per Sq Ft

Est. 158% increase in value since last sale

Current estimated payment $3,501/month

4 Days on Market

Highlights

  • Wood Flooring
  • Forced Air Heating System
  • Walk-Up Access

About This Home

As of December 2019

Incredible income producing investment grossing over $50,000 a year with room to increase rents. Property consists of two separate buildings on one lot. Front building is comprised of 2 units (3bd/1bth & 2bd/1bth) Back building is comprised of 4 units (3 - 3bd/1bth & 1 - 2bd/1bth). Conveniently located just under a mile from Great Lake Ontario. Current owners have done extensive upgrades across the board including new roofs, updated electrical, and updated plumbing.

Last Agent to Sell the Property

Frank Procopio

Listing by Hunt Real Estate ERA License #10301221680 Listed on: 09/13/2019

Hunt Real Estate ERA

Last Buyer's Agent

Frank Procopio

Listing by Hunt Real Estate ERA License #10301221680 Listed on: 09/13/2019

Hunt Real Estate ERA

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,111

Year Built

  • Built in 1890

Lot Details

  • 9,338 Sq Ft Lot
  • Lot Dimensions are 46x203

Home Design

  • Slab Foundation
  • Aluminum Siding
  • Steel Siding
  • Vinyl Siding

Interior Spaces

  • 10,204 Sq Ft Home
  • 2-Story Property

Kitchen

  • Electric Oven
  • Electric Range

Flooring

  • Wood
  • Carpet
  • Laminate
  • Vinyl

Laundry

  • Dryer
  • Washer

Basement

  • Walk-Up Access
  • Exterior Basement Entry

Parking

  • No Garage
  • Gravel Driveway

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas
  • Gas Water Heater

Listing and Financial Details

  • Rent includes common area maintenance, snow removal, trash collection, water
  • Tax Lot 28
  • Assessor Parcel Number 351200-128-041-0006-028-000-0000

Community Details

Overview

  • 6 Units
  • Section #12841 Subdivision

Building Details

  • 6 Separate Gas Meters
  • Operating Expense $24,210
  • Gross Income $50,244

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,111

Year Built

Built in 1890

Lot Details

0

Listing Details

  • Property Sub Type: Other
  • Property Type: Multi Family
  • Rent Includes: Common Area Maintenance, Snow Removal, Trash Collection, Water
  • Year Built: 1890
  • Lot Features: Residential Lot
  • Road Frontage Type: City Street
  • Subdivision Name: Section #12841
  • Directions: E Bridge St to E 9th St
  • Flooring: Carpet, Hardwood, Laminate, Varies, Vinyl
  • Garage Yn: No
  • Unit Levels: Two
  • Year Built Details: Existing
  • Property Sub Type Additional: Other
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dryer, Electric Oven, Electric Range, Gas Water Heater, Refrigerator, Washer
  • Basement: Exterior Entry, Walk-Up Access
  • Stories: 2
  • Stories: 2

Exterior Features

  • Acres: 0.2144
  • Waterfront: No
  • Construction Type: Aluminum Siding, Steel Siding, Vinyl Siding
  • Exterior Features: Blacktop Driveway, Gravel Driveway
  • Foundation Details: Slab

Garage/Parking

  • Parking Features: Three or more Spaces, Driveway, No Garage

Utilities

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

Condo/Co-op/Association

  • Community Features: Other, See Remarks

Schools

  • Junior High Dist: Oswego

Lot Info

  • Parcel Number: 351200-128-041-0006-028-000-0000
  • Lot Dimensions: 46X203
  • Lot Size Sq Ft: 9338.0
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units Total: 6
  • Annual Gross Income: 50244.0
  • Annual Operating Expense: 24210.0
  • Number Of Separate Electric Meters: 6
  • Number Of Separate Gas Meters: 6

Tax Info

  • Tax Annual Amount: 7111.0
  • Tax Lot: 28

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 27, 2018
Sold by
Broco Inc
Bought by
East Ivybridge Drive Llc
Current Estimated Value
$505,381

Purchase Details

Closed on
Nov 13, 2009
Sold by
C & G Rentals Inc
Bought by
Hudanish Thomas P and Grillo Carl A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$119,250
Interest Rate
4.86%
Mortgage Type
Commercial
Source: Public Records

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

Purchase History

Date Buyer Sale Price Title Company
East Ivybridge Drive Llc -- None Available
East Ivybridge Drive Llc -- None Available
Hudanish Thomas P $152,500 None Available
Hudanish Thomas P $152,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Hudanish Thomas P $119,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/23/2019 12/23/19 Sold $196,000 +3.2% $19 / Sq Ft
09/17/2019 09/17/19 Pending -- -- --
09/13/2019 09/13/19 For Sale $189,900 -- $19 / Sq Ft
Source: Central New York Information Services

Tax History Compared to Growth

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 $9,854 $300,000 $24,000 $276,000
2023 $4,558 $175,000 $32,800 $142,200
2022 $3,100 $175,000 $32,800 $142,200
2021 $3,100 $175,000 $32,800 $142,200
2020 $3,100 $175,000 $32,800 $142,200
2018 $4,729 $152,000 $32,800 $119,200
2017 $4,714 $152,000 $32,800 $119,200
2016 $7,055 $152,000 $32,800 $119,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Central New York Information Services

MLS Number: S1225270

Central New York Information Services

APN: 351200-128-041-0006-028-000-0000