$270,000
$10K PRICE DROP

240 Genesee Park Dr Unit 42 Syracuse, NY 13224

Salt Springs Neighborhood

Estimated payment $1,869/month

Total Views 4,949,368
9 Beds
3 Baths
3,612 Sq Ft
$75 Price per Sq Ft

Highlights

  • Property is near public transit
  • Balcony
  • 2 Car Garage
  • Wood Flooring
  • Forced Air Heating System
  • Wood Siding

About This Home

Outstanding 3-family between LeMoyne College and SU. It has a 2-car garage with ample parking. First floor is a 3-bedroom, 1 full bath. There are 4 bedrooms and 1 full bath in the 2 units. The two-bedrooms, 1 full bath on the 3rd unit. Both 2nd and 3rd units are all updated and remodeled. Tenants pay their own utilities. There are replacement windows in each unit. Great income producers and with upside potential of 14% cash on cash return.

Listing Agent

Susan Li

Listing by Coldwell Banker Prime Prop,Inc Brokerage Phone: 315-446-2910 License #30LI0956504 Listed on: 07/08/2023

Coldwell Banker Prime Prop,Inc

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,523

Year Built

  • Built in 1930

Lot Details

  • 6,006 Sq Ft Lot
  • Lot Dimensions are 45x132

Parking

  • 2 Car Garage

Home Design

  • Triplex
  • Stone Foundation
  • Wood Siding
  • Copper Plumbing

Interior Spaces

  • 3,612 Sq Ft Home
  • 2-Story Property
  • Basement Fills Entire Space Under The House

Flooring

  • Wood
  • Laminate

Bedrooms and Bathrooms

  • 9 Bedrooms
  • 3 Full Bathrooms

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas
  • Gas Water Heater
  • Cable TV Available

Additional Features

  • Balcony
  • Property is near public transit

Listing and Financial Details

  • Tax Lot 12
  • Assessor Parcel Number 311500-037-000-0010-012-000-0000

Community Details

Overview

  • 3 Units
  • Fairview Subdivision

Building Details

  • 3 Separate Gas Meters
  • Operating Expense $4,200
  • Gross Income $50,400

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,523

Year Built

Built in 1930

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Multi Family
  • Property Type: Residential
  • Rent Includes: Water
  • Year Built: 1930
  • Attribution Contact: 315-446-2910
  • Lot Features: Near Public Transit, Residential Lot
  • Road Frontage Type: City Street
  • Subdivision Name: Fairview
  • Directions: From Salt Springs Rd to Genesee Park Dr.
  • Architectural Style: Triplex
  • Flooring: Hardwood, Laminate, Varies
  • Garage Yn: Yes
  • Unit Levels: Two
  • Year Built Details: Existing
  • Financial Info Electric: Circuit Breakers
  • Special Features: VirtualTour

Interior Features

  • Appliances: Gas Water Heater
  • Basement: Full
  • Basement YN: Yes
  • Full Bathrooms: 3
  • Total Bedrooms: 9
  • Stories: 2
  • Stories: 2

Exterior Features

  • Acres: 0.1379
  • Waterfront: No
  • Construction Type: Wood Siding, Copper Plumbing
  • Exterior Features: Balcony
  • Foundation Details: Stone
  • Patio And Porch Features: Balcony

Garage/Parking

  • Garage Spaces: 2.0
  • Parking Features: Paved, Two or More Spaces

Utilities

  • Heating: Gas, Forced Air
  • 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: 311500-037-000-0010-012-000-0000
  • Lot Dimensions: 45X132
  • Lot Size Sq Ft: 6006.0
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units In Community: 3
  • Number Of Units Total: 3
  • Annual Gross Income: 50400.0
  • Annual Operating Expense: 4200.0
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3

Tax Info

  • Tax Annual Amount: 4523.0
  • Tax Lot: 12
  • Tax Other Annual Assessment Amount: 178.0

Map

Range of Values:

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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 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 -- $110,000 $5,400 $104,600
2023 $1,966 $85,800 $5,400 $80,400
2022 $2,010 $85,800 $5,400 $80,400
2021 $2,010 $85,800 $5,400 $80,400
2020 $2,072 $85,800 $5,400 $80,400
2019 $4,443 $85,800 $5,400 $80,400
2018 $2,062 $85,800 $5,400 $80,400
2017 $1,976 $85,800 $5,400 $80,400
2016 $2,002 $85,800 $5,400 $80,400
2015 -- $85,800 $5,400 $80,400
2014 -- $85,800 $5,400 $80,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/11/2025 06/11/25 Price Changed $270,000 -3.6% $75 / Sq Ft
07/08/2023 07/08/23 For Sale $280,000 -- $78 / Sq Ft
Source: Central New York Information Services

Purchase History

Date Type Sale Price Title Company
Warranty Deed $225,000 None Available
Warranty Deed $225,000 None Available
Deed $110,000 Vaughn Lang
Deed $44,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $1,831,200 Commercial
Closed $1,831,200 Commercial
Previous Owner $82,500 Purchase Money Mortgage
Source: Public Records

About the Listing Agent

Susan Li

Listing by Coldwell Banker Prime Prop,Inc

(315) 953-0086

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I grew up in Onondaga County and in 1985, I graduated from Syracuse University and have lived in Chicago, New York City & New Jersey. In 1994, I came home to Syracuse and am a long time resident of Camillus. I moved to Manlius in 2002. I am considered by my clients to be an expert in the area. Give me a call and I will deliver the premier service you deserve.

Susan's Other Listings

  • 1613 Burnet Ave, Syracuse, NY 13206

    $139,900 Under Contract

    • 3 Beds
    • 1 Bath
    • 836 Sq Ft
    • 1613 Burnet Ave
    • Syracuse, NY

    Adorable updated walkup bungalow with 3 bedrooms & 1 full bath in the Eastwood area within proximity to restaurants, stores & bus line. It has a long driveway to accommodate more than 2 cars. There is a shed in the backyard. House has been totally renovated with replacement windows throughout, new luxury vinyl plank floorings all over. This home has been freshly painted throughout. Bright and

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  • 402 W Yates St, East Syracuse, NY 13057

    $145,000

    • 6 Beds
    • 2 Baths
    • 2,591 Sq Ft
    • 402 W Yates St
    • East Syracuse, NY

    This is a package deal to be sold with 313 Garden City Dr. in Mattydale for $290,000. 2-family in the village of East Syracuse. Each has 3-bedroom, 1 full bath if both side has been remodeled. There have upside growth potential in rental incomes. There are also 2-car garage. Property has tons of potentials. Separate utilities and ready for new owner.

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  • 1027 Highland St Unit 29, Syracuse, NY 13203

    $720,000 Pending

    • 9 Beds
    • 7,275 Sq Ft
    • 1027 Highland St
    • Unit 29
    • Syracuse, NY

    Within walking distance to Schiller Park, downtown & stores, this 9-unit well kept, walk up garden apartment consists of 3 one-bedroom & 6 two-bedrooms. Most of the units have been updated and each apartment has a parking spot. Upper apartments have sliding glass door out to balcony area. There is a 2-car garage, on-site coin-op laundry area and two boiler systems. Landlord is absorbing the

    Susan Li Coldwell Banker Prime Prop,Inc

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  • 827 Park St, Syracuse, NY 13208

    $1,595,000

    • 12 Beds
    • 7,446 Sq Ft
    • 827 Park St
    • Syracuse, NY

    One of a kind upscale 12 unit apartment building with 1 bedroom each and tenants pay their own utilities. Property has been beautifully remodeled including new windows, electrical circuit breakers, 12 new kitchens, 12 new bathrooms, new flooring, new appliances and newly paved driveway. Sold as a package with 600 South Ave. for $1,595,000.

    Susan Li Coldwell Banker Prime Prop,Inc

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  • 301 E Manlius St, East Syracuse, NY 13057

    $299,000

    • 4 Beds
    • 4 Baths
    • 2,288 Sq Ft
    • 301 E Manlius St
    • East Syracuse, NY

    Charming village atmosphere watching the trains go by, this 4-unit apartment w/1 bedroom each has been updated w/4 updated bathrooms & kitchens. There is a 2-car garage and additional 4-car parking spot for the tenants. Roof is about 3-year old. Four funances are about 5 years old, updated electrical panels as well as new pressure treated deck. There is only one gas meter & one electrical

    Susan Li Coldwell Banker Prime Prop,Inc

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  • 600 South Ave, Syracuse, NY 13207

    $1,595,000

    • 6 Beds
    • 4,176 Sq Ft
    • 600 South Ave
    • Syracuse, NY

    This 6 unit building has been totally renovated with new vinyl siding, new windows throughout, new flooring, new front entrance, new water heaters, 6 new kitchens and bathrooms and within walking distance to grocery store, downtown and schools. Being sold as a package with 827 Park St. for $1,595,000. Great investment opportunity!

    Susan Li Coldwell Banker Prime Prop,Inc

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  • 900 N Alvord St, Syracuse, NY 13208

    $638,999

    • 11 Beds
    • 7,966 Sq Ft
    • 900 N Alvord St
    • Syracuse, NY

    Attention All Investors! Amazing sun-drenched corner lot showcase 11-unit with large one-bedroom each. Most of the units have been updated and the last three has just been remodeled w/3 new kitchens & 3 new bathrooms. Improvements including new roof which is stripped to new plywood and new shingles. All new luxury vinyl plank floorings throughout in all common area hallways. There is a one-car

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  • 3707 S Salina St, Syracuse, NY 13205

    $139,900 Under Contract

    • 5 Beds
    • 2 Baths
    • 2,034 Sq Ft
    • 3707 S Salina St
    • Syracuse, NY

    Great income producer, this 2-family investment property with new roof, new plywood, new shingles and updated bathrooms, two new furnaces, two new hot water heaters and with almost 19% cash on cash return. There are new replacement windows. House is in decent condition and turn key operation ready for new owner.

    Susan Li Coldwell Banker Prime Prop,Inc

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  • 108 Onondaga Ave, Syracuse, NY 13204

    $52,000

    • 7 Beds
    • 4 Baths
    • 4,352 Sq Ft
    • 108 Onondaga Ave
    • Syracuse, NY

    Looking for fixer upper, contractors, flippers and investors please! This 4-unit home is screaming for tender loving care and will need total renovation. There is one unit of studio, two units of 2-bedroom, one unit of 3-bedroom. It will need major work but Onondaga St is getting a lot of attention from the City and investors. If you can spend the time, sweat equities and imagination, you can

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Source: Central New York Information Services

MLS Number: S1482290

Central New York Information Services

APN: 311500-037-000-0010-012-000-0000