202 Union Ave Syracuse, NY 13203
Northside NeighborhoodEstimated payment $1,417/month
Highlights
- Property is near public transit
- Forced Air Heating System
- Rectangular Lot
- Wood Flooring
- Baseboard Heating
About This Home
Fully renovated two-family investment opportunity in the heart of Syracuse's Northside, ideallly located directly across from St. Joseph's Hospital - an unbeatable location for strong tenant demand including medical professionals and traveling nurses. This spacious duplex features a 3 bedroom 1 bath lower unit and a 1 bedroom 1 bath upper unit, both offering updated interiors and functional layout. Seperate utilities, a full basement for storage and off street parking make it both efficient and attractive fopr tenants. Total monthly gross rent is 2450.00$ (downstairs if currently rented for 1450.00$ upstairs is projected to rent for 1000.00$) for a total Gross Annual Income of 29,400.00. At the purchase price of 214,900.00$ this property delivers an approximate 13.7% Gross Cap Rate, making it a standout addition to any investment portfolio.
Listing Agent
Listing by Howard Hanna Real Estate License #10401385083 Listed on: 02/22/2026
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $3,114
Year Built
- Built in 1910
Lot Details
- 4,070 Sq Ft Lot
- Lot Dimensions are 37x110
- Rectangular Lot
Home Design
- Duplex
- Block Foundation
- Vinyl Siding
Interior Spaces
- 1,987 Sq Ft Home
- 2-Story Property
- Basement Fills Entire Space Under The House
Flooring
- Wood
- Laminate
Bedrooms and Bathrooms
- 4 Bedrooms
- 2 Full Bathrooms
Location
- Property is near public transit
Utilities
- Forced Air Heating System
- Heating System Uses Gas
- Baseboard Heating
- Gas Water Heater
Community Details
- 2 Units
- 2 Separate Gas Meters
Listing and Financial Details
- Tax Lot 1
- Assessor Parcel Number 311500-017-000-0009-001-000-0000
Map
Home Values in the Area
Average Home Value in this Area
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 | $1,327 | $60,000 | $5,700 | $54,300 |
| 2023 | $1,342 | $60,000 | $5,700 | $54,300 |
| 2022 | $1,188 | $43,500 | $5,700 | $37,800 |
| 2021 | $1,188 | $43,500 | $5,700 | $37,800 |
| 2020 | $1,213 | $43,500 | $5,700 | $37,800 |
| 2019 | $1,205 | $43,500 | $5,700 | $37,800 |
| 2018 | $1,205 | $43,500 | $5,700 | $37,800 |
| 2017 | $1,151 | $43,500 | $5,700 | $37,800 |
| 2016 | $1,164 | $43,500 | $5,700 | $37,800 |
| 2015 | -- | $43,500 | $5,700 | $37,800 |
| 2014 | -- | $43,500 | $5,700 | $37,800 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 03/31/2026 03/31/26 | Price Changed | $214,900 | -2.3% | $108 / Sq Ft | |
| 03/02/2026 03/02/26 | Price Changed | $219,900 | -2.2% | $111 / Sq Ft | |
| 02/22/2026 02/22/26 | For Sale | $224,900 | +87.6% | $113 / Sq Ft | |
| 12/29/2025 12/29/25 | Sold | $119,900 | +0.8% | $60 / Sq Ft | View Prior Sale |
| 10/06/2025 10/06/25 | Pending | -- | -- | -- | |
| 09/19/2025 09/19/25 | For Sale | $119,000 | -- | $60 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $119,000 | -- | |
| Deed | $44,000 | Robert L Ravera | |
| Deed | $8,979 | -- | |
| Deed | $50,037 | -- | |
| Interfamily Deed Transfer | -- | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $122,050 | Purchase Money Mortgage |
Source: Central New York Information Services
MLS Number: S1663123
APN: 311500-017-000-0009-001-000-0000
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Ask me questions while you tour the home.