$270,000
UNDER CONTRACT $10K PRICE DROP

240 Genesee Park Dr Unit 42 Syracuse, NY 13224

Salt Springs Neighborhood

Estimated payment $1,796/month

Total Views 5,346,454
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: 4224

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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Value Increase
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Percent Increase
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Adjusted for Inflation
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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 $2,204 $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 List to Sale Price per Sq Ft
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
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

Section Image

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

  • 111 Doll Pkwy, Syracuse, NY 13214

    $199,900 Under Contract

    • 3 Beds
    • 1 Bath
    • 1,516 Sq Ft
    • 111 Doll Pkwy
    • Syracuse, NY

    Mid Century all brick ranch style home w/brand new roof totally tear down with new plywood & new shingles. House has been in the family for over 30 years & it's spotless and clean. Highlights of this home is the vaulted ceiling in the family room with post and beam. Hardwood floors throughout. There is an eat-in kitchen and formal dining room. Three bedrooms and full bath. New furnace and hot

    Susan Li Coldwell Banker Prime Prop,Inc

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  • 113 Grumbach Ave, Syracuse, NY 13203

    $197,500 Under Contract

    • 4 Beds
    • 2 Baths
    • 1,888 Sq Ft
    • 113 Grumbach Ave
    • Syracuse, NY

    Fabulous 2-family with parking spaces available. Each unit has 2-bedrooms, one full bath and both units have their own laundry room with washer/dryer hook-up. Both furnaces and hot water heaters are all newer in good working condition. Newer replacement windows, vinyl siding & roof. Spacious living room, dining room and kitchen. Ready for owner to living in one unit and rent out the other one or

    Susan Li Coldwell Banker Prime Prop,Inc

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  • 220 Seward St, Syracuse, NY 13203

    $39,000

    • 2 Beds
    • 2 Baths
    • 1,229 Sq Ft
    • 220 Seward St
    • Syracuse, NY

    Calling for all fixer uppers, contractors, flippers, and possible home owners. House needs major renovation and if you do some works, it will save you a lot. It can be an investment property or live in one and rent the other one out. There is one-bedroom in each unit and separate utilities. Within proximity to school, stores, downtown and medical center.

    Susan Li Coldwell Banker Prime Prop,Inc

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  • 402 W Yates St, East Syracuse, NY 13057

    $145,000 Pending

    • 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.

    Susan Li Coldwell Banker Prime Prop,Inc

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  • 827 Park St, Syracuse, NY 13208

    $1,450,000

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

    One of a kind upscale 12 unit apartment building all with one bedroom each & one bathroom each. . Tenants pay their own utilities. Property has been beautifully remodeled including new windows, all electrical circuit breakers, 12 new kitchens, 12 new bathrooms, new floorings, new appliances and a newly paved driveway. Sold as a package with 600 South Ave. (S1649223) for $1,495,000.

    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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  • 209 Lincoln Ave, Syracuse, NY 13204

    $29,900 Pending

    • Land
    • 0.09 Acre
    • $332,222 per Acre
    • 209 Lincoln Ave
    • Syracuse, NY

    There are 3 lots included in the sales. 207 Lincoln Ave which has a house caught on fire and has been demolished, 209 Lincoln Ave. as well as 211 Lincoln Ave. There are over 0.36 acres with 120 feet of road frontage according to the city map. Price to sell and motivated seller wants to make a deal! There is no back taxes and survey & abstract of title will be buyers' responsibilities.

    Susan Li Coldwell Banker Prime Prop,Inc

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  • 600 South Ave, Syracuse, NY 13207

    $1,450,000

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

    This 6 unit building has been totaling renovated with new vinyl siding, new windows, new flooring, new front entrance, new water heaters, new kitchens and bathrooms. Within walking distance to grocery store, downtown and schools. 100% occupancy. Being sold as a package with 827 Park St.(S1649229) for $1,495,000. Great investment opportunity!

    Susan Li Coldwell Banker Prime Prop,Inc

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  • 900 N Alvord St, Syracuse, NY 13208

    $575,000

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

    Attention all investors! Amazing 11 bedroom, 11 bath building for sale fully renovated except for 2 units still in progress. 8 apartments currently rented. When full you are looking at $11,800 per month, a 14.5% cash on cash return. Tenants pay their own heat and electric. A new roof was installed 1/25. The building also has a one car rentable garage and a two car rentable driveway. Building is

    Susan Li Coldwell Banker Prime Prop,Inc

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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