NOT LISTED FOR SALE
-- Bed
-- Bath
5,959 Sq Ft
7,405 Sq Ft Lot

Sale Details

Date Sold: March 18, 2016

Last sale price $84,500 $14 Per Sq Ft

81 Days on Market

Highlights

  • Property is near public transit
  • Attic
  • Woodwork
  • Wood Flooring
  • Corner Lot
  • Forced Air Heating System

About This Home

As of March 2016

Four apartments with extra finished space in basement for office or future expansion. Cap rate is currently 12% with a projected cap rate of 19% once rents are set to today's rates. Many updates thru-out as shown in pictures. See attachments for cap rate spread sheet.

Last Agent to Sell the Property

Fritz Lathrop

Listing by Integrated Real Estate Ser LLC License #30LA0731266 Listed on: 06/01/2015

Integrated Real Estate Ser LLC

Last Buyer's Agent

Edward Servatius

Listing by Dropped Members License #40SE1092512

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,281

Year Built

  • Built in 1950

Lot Details

  • 7,405 Sq Ft Lot
  • Lot Dimensions are 55x132
  • Partially Fenced Property
  • Corner Lot

Parking

  • 3 Car Garage

Home Design

  • Quadruplex
  • Brick Exterior Construction
  • Block Foundation
  • Aluminum Siding
  • Steel Siding

Interior Spaces

  • 5,959 Sq Ft Home
  • 3-Story Property
  • Woodwork
  • Finished Basement
  • Basement Fills Entire Space Under The House
  • Attic

Kitchen

  • Oven
  • Free-Standing Range
  • Range Hood

Flooring

  • Wood
  • Linoleum
  • Vinyl

Location

  • Property is near public transit

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas
  • Vented Exhaust Fan
  • Hot Water Heating System
  • Gas Water Heater
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for all utilities
  • Assessor Parcel Number 311500-078-000-0008-011-000-0000

Community Details

Overview

  • 4 Units

Building Details

  • 5 Separate Gas Meters
  • Operating Expense $2,200
  • Gross Income $24,900

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,281

Year Built

Built in 1950

Lot Details

7,405 Sq Ft Lot

Parking

3

Listing Details

  • Property Sub Type: Multi Family
  • Property Type: Residential
  • Year Built: 1950
  • Lot Features: Corner Lot, Near Public Transit, Residential Lot
  • Road Frontage Type: City Street
  • Directions: Corner of Forest and Midland
  • Architectural Style: Fourplex
  • Flooring: Hardwood, Linoleum, Varies, Vinyl
  • Garage Yn: Yes
  • Interior Features: Attic, Natural Woodwork
  • Year Built Details: Existing
  • Financial Info Electric: Circuit Breakers
  • Special Features: VirtualTour

Interior Features

  • Appliances: Exhaust Fan, Free-Standing Range, Gas Water Heater, Oven, Range Hood
  • Basement: Full, Finished
  • Basement YN: Yes
  • Stories: 3
  • Stories: 3

Exterior Features

  • Fencing: Partial
  • Acres: 0.17
  • Waterfront: No
  • Construction Type: Aluminum Siding, Brick, Steel Siding
  • Exterior Features: Fence
  • Foundation Details: Block

Garage/Parking

  • Garage Spaces: 3.0
  • Parking Features: Paved, Two or More Spaces

Utilities

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

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Junior High Dist: Syracuse

Lot Info

  • Parcel Number: 311500-078-000-0008-011-000-0000
  • Lot Dimensions: 55X132
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: All Utilities

Multi Family

  • Number Of Units In Community: 4
  • Number Of Units Total: 4
  • Annual Gross Income: 24900.0
  • Annual Operating Expense: 2200.0
  • Number Of Separate Electric Meters: 5
  • Number Of Separate Gas Meters: 5

Tax Info

  • Tax Annual Amount: 4281.0
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/18/2016 03/18/16 Sold $84,500 -6.0% $14 / Sq Ft
08/21/2015 08/21/15 Pending -- -- --
06/01/2015 06/01/15 For Sale $89,900 +53.7% $15 / Sq Ft
05/20/2013 05/20/13 Sold $58,500 -9.9% $10 / Sq Ft View Prior Sale
03/05/2013 03/05/13 Pending -- -- --
09/14/2012 09/14/12 For Sale $64,900 -- $11 / Sq Ft
Source: Central New York Information Services

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $2,168 $82,000 $17,300 $64,700
2024 $2,463 $70,000 $17,300 $52,700
2023 $2,465 $70,000 $17,300 $52,700
2022 $2,538 $70,000 $17,300 $52,700
2021 $2,538 $70,000 $17,300 $52,700
2020 $2,558 $70,000 $17,300 $52,700
2019 $2,531 $70,000 $17,300 $52,700
2018 $2,531 $70,000 $17,300 $52,700
2017 $2,407 $70,000 $17,300 $52,700
2016 $2,428 $70,000 $17,300 $52,700
2015 -- $70,000 $17,300 $52,700
2014 -- $70,000 $17,300 $52,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Central New York Information Services

MLS Number: S333662

Central New York Information Services
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