NOT LISTED FOR SALE
5 Beds
-- Bath
4,897 Sq Ft
0.31 Acres

Last Sold May 29, 2024

Last sale price $630,000 $129 Per Sq Ft

97 Days on Market

Highlights

  • 0.31 Acre Lot
  • 2 Fireplaces
  • Forced Air Heating System
  • Wood Flooring
  • Furnished
  • 3-minute walk to Cummings Field

About This Home

As of May 2024

Five apartments in elegant historic French colonial mansion in in Syracuse (Eastwood). Turn-key and ideal 1031 property. Features recently renovated to modern luxury apartments, lots of natural light, high ceilings, original hardwood floors, separately metered, plenty of on premise parking. Close proximity to shopping and restaurants. Close to Syracuse University, Le Moyne, downtown and all highways. Also can be purchased together with another five unit building at 121 Park Drive in the Village of Manlius. Seller is a licensed real estate broker. Gross Income $97,641, Annual operating income $39,074, Correct Net Op Income $58,567. Sq ft shown provided by seller from recent floor plans.

Last Agent to Sell the Property

Robert Piazza

Listing by Dropped Members Brokerage Email: northernstarrealty@gmail.com License #49PI1141449 Listed on: 11/06/2023

Last Buyer's Agent

Sandra VanCamp

Listing by Hunt Real Estate ERA/Columbus License #30VA0959377

Hunt Real Estate ERA/Columbus

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,344

Year Built

  • Built in 1890

Lot Details

  • 0.31 Acre Lot
  • Lot Dimensions are 80x169

Parking

  • Driveway

Home Design

  • Wood Siding

Interior Spaces

  • 5 Bedrooms
  • 4,897 Sq Ft Home
  • 3-Story Property
  • Furnished
  • 2 Fireplaces
  • Basement Fills Entire Space Under The House

Kitchen

  • Gas Oven
  • Gas Range
  • Microwave

Flooring

  • Wood
  • Vinyl

Utilities

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

Listing and Financial Details

  • Rent includes all utilities, common area maintenance, electricity, hot water, snow removal, trash collection, cable TV, water
  • Tax Lot 23
  • Assessor Parcel Number 311500-021-000-0002-023-001-0000

Community Details

Building Details

  • 1 Separate Gas Meter
  • Operating Expense $31,730
  • Gross Income $97,641

Additional Features

  • 5 Units
  • Community Storage Space

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,344

Year Built

Built in 1890

Lot Details

0

Listing Details

  • Property Sub Type: Other
  • Property Type: Multi Family
  • Rent Includes: All Utilities, Common Area Maintenance, Electricity, Hot Water, Snow Removal, Trash Collection, Cable TV, Water
  • Year Built: 1890
  • Attribution Contact: northernstarrealty@gmail.com
  • Lot Features: Residential Lot
  • Road Frontage Type: City Street
  • Directions: James St opposite Shotwell Park.
  • Flooring: Hardwood, Varies, Vinyl
  • Year Built Details: Existing
  • ResoBuildingAreaSource: Other
  • Property Sub Type Additional: Other
  • Special Features: VirtualTour

Interior Features

  • Appliances: Gas Oven, Gas Range, Gas Water Heater, Microwave, Refrigerator
  • Basement: Full
  • Basement YN: Yes
  • Total Bedrooms: 5
  • Fireplaces: 2
  • Stories: 3
  • Stories: 3

Exterior Features

  • Acres: 0.3118
  • Waterfront: No
  • Construction Type: Wood Siding
  • Exterior Features: Blacktop Driveway

Garage/Parking

  • Parking Features: Two Spaces

Utilities

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

Condo/Co-op/Association

  • Community Features: Storage Facilities
  • Senior Community: No

Schools

  • Junior High Dist: Syracuse

Lot Info

  • Parcel Number: 311500-021-000-0002-023-001-0000
  • Lot Dimensions: 80X169
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Rental Info

  • Furnished: Furnished

Multi Family

  • Number Of Units Total: 5
  • Annual Gross Income: 97641.0
  • Annual Operating Expense: 31730.0
  • Number Of Separate Electric Meters: 6
  • Number Of Separate Gas Meters: 1

Tax Info

  • Tax Annual Amount: 7344.0
  • Tax Lot: 23

Range of Values:

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Average Value
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Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/29/2024 05/29/24 Sold $630,000 -2.3% $129 / Sq Ft
02/11/2024 02/11/24 Pending -- -- --
11/15/2023 11/15/23 Price Changed $645,000 -7.2% $132 / Sq Ft
11/06/2023 11/06/23 For Sale $695,000 0.0% $142 / Sq Ft
08/25/2023 08/25/23 Price Changed $1,565 -6.0% $2 / Sq Ft
08/21/2023 08/21/23 Price Changed $1,665 +11.4% $2 / Sq Ft
08/07/2023 08/07/23 For Rent $1,495 0.0% --
06/22/2023 06/22/23 For Rent $1,495 0.0% --
06/14/2023 06/14/23 For Rent $1,495 0.0% --
05/09/2023 05/09/23 Price Changed $1,495 -4.5% $2 / Sq Ft
05/09/2023 05/09/23 Price Changed $1,565 -1.9% $2 / Sq Ft
05/03/2023 05/03/23 Price Changed $1,595 -3.0% $2 / Sq Ft
05/01/2023 05/01/23 For Rent $1,645 0.0% --
03/30/2023 03/30/23 Price Changed $1,645 +17.9% $2 / Sq Ft
12/20/2022 12/20/22 Price Changed $1,395 -2.1% $1 / Sq Ft
12/18/2022 12/18/22 Price Changed $1,425 -8.9% $1 / Sq Ft
12/14/2022 12/14/22 For Rent $1,565 -- --
Source: Central New York Information Services

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Central New York Information Services

MLS Number: S1508611

Central New York Information Services