NOT LISTED FOR SALE
Studio
-- Bath
22,218 Sq Ft
9,148 Sq Ft Lot

Sale Details

Date Sold: December 13, 2022

Last sale price $590,000 $27 Per Sq Ft

17 Days on Market

Highlights

  • Wood Flooring
  • Forced Air Heating System
  • High Speed Internet
  • Storage
  • Ceiling Fan

About This Home

As of December 2022

Your chance to own a piece of Palmyra history, and a pillar of Downtown Palmyra! This listing is for 8 - 2 bedroom apartments, 2 storefronts, and a Laundromat in the heart of Palmyra! 6 of the apartments are townhouse style up and down, and 2 are one floor, all recently remodeled and in excellent shape. The living rooms and bedrooms are incredibly spacious, and a lot with walk in closets! The 2 storefronts are right on Main st, both are very large, and highly desired, each with own bathrooms. There is a laundromat in the middle of the two store fonts with 2 coin op washers, and 2 coin op dryers, and hookups for 6 of each! There is also a locked office in the back that could be utilized to wash and fold laundry. The basement is huge and spacious all utilities are metered separately for all apartments, and newer water heaters, and pex lines to most! If all of this wasn't enough there is off street parking for all of the apartments, and 2 garage bays that can be rented separately, and big enough for 4 cars. Over $98,000 a year in Gross rents! Showings are Monday 10/24 from 3 to 5. Weds 10/26 from 4 to 6, and Thursday 10/27 from 3 to 5. No delayed negotiations, bring an offer!

Last Agent to Sell the Property

Eric McQuistion

Listing by G & M Properties License #10311205218 Listed on: 10/22/2022

Last Buyer's Agent

Joshua Cresswell

Listing by RE/MAX Plus License #10401309954

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Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $21,743

Year Built

  • Built in 1850

Lot Details

  • 9,148 Sq Ft Lot
  • Lot Dimensions are 57x162

Home Design

  • Brick Exterior Construction
  • Slab Foundation
  • Copper Plumbing

Interior Spaces

  • 22,218 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Storage

Kitchen

  • Electric Oven
  • Electric Range

Flooring

  • Wood
  • Carpet
  • Laminate
  • Ceramic Tile
  • Vinyl

Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Parking

  • Garage
  • Garage Door Opener
  • Gravel Driveway
  • Shared Driveway
  • Dirt Driveway

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas
  • PEX Plumbing
  • Gas Water Heater
  • High Speed Internet
  • Cable TV Available

Community Details

  • 10 Units
  • Gross Income $98,760

Listing and Financial Details

  • Rent includes snow removal, trash collection, water
  • Tax Lot 737
  • Assessor Parcel Number 543601-064-111-0011-737-681-0000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$21,743

Year Built

Built in 1850

Lot Details

9,148 Sq Ft Lot

Listing Details

  • Property Sub Type: Commercial
  • Property Type: Multi Family
  • Rent Includes: Snow Removal, Trash Collection, Water
  • Year Built: 1850
  • Road Frontage Type: Main Thoroughfare
  • Directions: East on 31 out to Palmyra, property is on the corner of 31 & Fayette st
  • Flooring: Carpet, Ceramic Tile, Hardwood, Laminate, Tile, Varies, Vinyl
  • Interior Features: Ceiling Fan(s), Storage
  • Unit Levels: Two
  • Year Built Details: Existing
  • Financial Info Electric: Circuit Breakers
  • Property Sub Type Additional: Commercial
  • Special Features: None

Interior Features

  • Appliances: Electric Oven, Electric Range, Gas Water Heater, Refrigerator
  • Basement: Full, Walk-Out Access
  • Basement YN: Yes
  • Stories: 2
  • Stories: 2

Exterior Features

  • Acres: 0.21
  • Waterfront: No
  • Construction Type: Brick, Block, Concrete, Copper Plumbing, PEX Plumbing
  • Exterior Features: Concrete Driveway, Dirt Driveway, Gravel Driveway
  • Foundation Details: Slab

Garage/Parking

  • Parking Features: One Space, Garage Door Opener, Shared Driveway

Utilities

  • Heating: Electric, Gas, Forced Air
  • HeatingYN: Yes
  • Utilities: Cable Available, High Speed Internet Available, Sewer Connected, Water Connected
  • Water Source: Connected, Public

Condo/Co-op/Association

  • Community Features: None
  • Senior Community: No

Schools

  • Junior High Dist: Palmyra-Macedon

Lot Info

  • Parcel Number: 543601-064-111-0011-737-681-0000
  • Lot Dimensions: 57X162
  • Lot Size Sq Ft: 9148.0
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units Total: 10
  • Annual Gross Income: 98760.0

Tax Info

  • Tax Annual Amount: 21743.0
  • Tax Lot: 737

Ownership 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 Name Owned For Owner Type

Purchase Details

Listed on
Oct 22, 2022
Closed on
Dec 7, 2022
Sold by
Bought by
Seller's Agent
Eric McQuistion
G & M Properties
Buyer's Agent
Joshua Cresswell
RE/MAX Plus
List Price
$649,900
Sold Price
$590,000
Premium/Discount to List
-$59,900
-9.22%
Views
14

Purchase Details

Closed on
Sep 1, 2017
Sold by
Bought by

Purchase Details

Closed on
Nov 28, 2011
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$293,000
Interest Rate
4.12%
Mortgage Type
Commercial
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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Purchase 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 Buyer Sale Price Title Company
$590,000 None Available
$415,000 None Available
$293,000 John J Gilbert
Source: Public Records

Mortgage 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 Status Borrower Loan Amount
Previous Owner $293,000
Previous Owner $295,000
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
12/13/2022 12/13/22 Sold $590,000 -9.2% $27 / Sq Ft
11/08/2022 11/08/22 Pending -- -- --
10/22/2022 10/22/22 For Sale $649,900 0.0% $29 / Sq Ft
03/05/2018 03/05/18 Rented $695 0.0% --
02/26/2018 02/26/18 Under Contract -- -- --
02/12/2018 02/12/18 For Rent $695 -- --
Source: Upstate New York Real Estate Information Services (UNYREIS)

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 $19,971 $407,900 $18,100 $389,800
2024 $19,971 $407,900 $18,100 $389,800
2023 $19,635 $407,900 $18,100 $389,800
2022 $21,982 $407,900 $18,100 $389,800
2021 $23,697 $407,900 $18,100 $389,800
2020 $23,774 $407,900 $18,100 $389,800
2019 $19,074 $407,900 $18,100 $389,800
2018 -- $295,000 $18,100 $276,900
2017 -- $295,000 $18,100 $276,900
2016 $14,792 $295,000 $18,100 $276,900
2015 -- $295,000 $18,100 $276,900
2014 -- $295,000 $18,100 $276,900
Source: Public Records

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Map

Source: Upstate New York Real Estate Information Services (UNYREIS)

MLS Number: R1440085

Upstate New York Real Estate Information Services (UNYREIS)

APN: 543601-064-111-0011-737-681-0000

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