NOT LISTED FOR SALE

250 W 2nd St Oswego, NY 13126

Estimated Value: $149,000 - $244,883

4 Beds
3 Baths
2,240 Sq Ft
$88/Sq Ft Est. Value

Last Sold October 25, 2023

Last sale price $200,000 $89 Per Sq Ft

Est. 2% decrease in value since last sale

Current estimated payment $1,270/month

62 Days on Market

Highlights

  • Forced Air Cooling System
  • Tile Flooring
  • 4-minute walk to Linear Park

About This Home

As of October 2023

Introducing a fantastic investment opportunity in this well-maintained 3 unit multi-family listing! This updated house offers two rented units, providing immediate rental income for the an investor. The building has been meticulously maintained and features updated amenities, ensuring a comfortable environment for all tenants. This property is an excellent addition to any investment portfolio, providing a reliable source of passive income. Don't miss out on this opportunity to own a valuable piece of real estate in a great location.

Last Agent to Sell the Property

Ryan Galloway

Listing by Century 21 Galloway Realty License #10401343808 Listed on: 06/27/2023

Century 21 Galloway Realty

Last Buyer's Agent

Ryan Galloway

Listing by Century 21 Galloway Realty License #10401343808 Listed on: 06/27/2023

Century 21 Galloway Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,785

Year Built

  • Built in 1900

Lot Details

  • 3,300 Sq Ft Lot
  • Lot Dimensions are 100 x 33

Parking

  • On-Street Parking

Home Design

  • Vinyl Construction Material

Interior Spaces

  • 2,240 Sq Ft Home
  • 2-Story Property
  • Basement Fills Entire Space Under The House

Flooring

  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms

Utilities

  • Forced Air Cooling System
  • Multiple Heating Units
  • Heating System Uses Gas
  • Gas Water Heater

Listing and Financial Details

  • Rent includes hot water, water
  • Tax Lot 7
  • Assessor Parcel Number 351200-128-071-0002-007-000-0000

Community Details

Overview

  • 3 Units
  • Section 12871 Community
  • Section 12871 Subdivision

Building Details

  • 3 Separate Electric Meters
  • 3 Separate Gas Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,785

Year Built

Built in 1900

Lot Details

0

Listing Details

  • NY Swis Code: Oswego-City-351200
  • Total Assessed Value: 67000
  • Listing Type: Exclusive Right To Sell
  • Lot Dimension Depth: 100
  • Lot Dimension Front: 33
  • Lot Information: Neighborhood Street
  • Lot Number: 7
  • Nearest Cross Street: Erie Street
  • Number of Stories: 2.0000
  • Property Type: Multi-Family Res (2-4) units
  • Ratio Close Price By Acres: 2638522.43
  • Ratio Close Price By Sq Ft: 89.29
  • Ratio List Price By Acres: 3298153.03
  • Ratio List Price By Sq Ft: 111.61
  • Regional Board Code: Syracuse
  • Rent Includes: Hot Water, Water
  • School Tax: 1194
  • Sub Board Code: Syracuse
  • Type of Residence: 3 Unit
  • Type of Sale: Normal
  • Year Built Description: Existing
  • Lot Sq Ft: 3300
  • Age of Building: 123
  • Year Built: 1900
  • Above Grade Finished Sq Ft: 2240
  • Directions To Property: Turn off of Erie Street onto W 2nd Street
  • Sq Ft Total Pub: 2240
  • Subdivision Comm Complex: Section 12871
  • EnergyEquipment: None
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2
  • Year Built: 1900

Interior Features

  • Full Bathrooms: 3
  • Attic Description: Crawl Space
  • Basement Description: Full
  • Floor Description: Tile-Some, Vinyl-Some
  • Total Bathrooms: 3.00
  • Total Bedrooms: 4
  • Total Sq Ft: 2240

Exterior Features

  • Construction: Vinyl
  • Number of Acres: 0.0758

Garage/Parking

  • Number of Electric Meters: 3
  • Parking Driveway: Street

Utilities

  • Heating Fuel Description: Gas
  • Hvac Type: Forced Air
  • Number of Gas Meters: 3
  • Number of Heating Units: 3
  • Sewer Description: Sewer Connected
  • Water Heater Fuel: Gas

Schools

  • School District: Oswego

Lot Info

  • Parcel Number: 351200-128-071-0002-007-000-0000

Rental Info

  • Certificate of Occupancy: Not Required

Multi Family

  • Total Number Of Apartments: 3

Tax Info

  • Total Taxes: 2785

MLS Schools

  • School District Name: Oswego

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 27, 2023
Closed on
Oct 16, 2023
Sold by
250 West 2Nd Oswego Llc
Bought by
Green Circle Group Llc
Seller's Agent
Ryan Galloway
Century 21 Galloway Realty
Buyer's Agent
Ryan Galloway
Century 21 Galloway Realty
List Price
$275,000
Sold Price
$200,000
Premium/Discount to List
-$75,000
-27.27%
Views
63
Current Estimated Value
$196,971

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$3,029
Avg. Annual Appreciation
-4.99%
Original Mortgage
$326,500
Outstanding Balance
$321,727
Interest Rate
7.31%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
-$139,621
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Green Circle Group Llc $200,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Green Circle Group Llc $326,500
Previous Owner Javco Properties Llc $320,329
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/25/2023 10/25/23 Sold $200,000 -20.0% $89 / Sq Ft
08/28/2023 08/28/23 Pending -- -- --
08/04/2023 08/04/23 Price Changed $250,000 -9.1% $112 / Sq Ft
06/27/2023 06/27/23 For Sale $275,000 -- $123 / Sq Ft
Source: Central New York Information Services

Tax History Compared to Growth

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 $6,151 $200,000 $17,000 $183,000
2023 $1,745 $67,000 $9,900 $57,100
2022 $1,769 $67,000 $9,900 $57,100
2021 $1,799 $67,000 $9,900 $57,100
2020 $1,271 $67,000 $9,900 $57,100
2019 $2,085 $67,000 $9,900 $57,100
2018 $2,085 $67,000 $9,900 $57,100
2017 $2,078 $67,000 $9,900 $57,100
2016 $644 $67,000 $9,900 $57,100
2015 -- $67,000 $9,900 $57,100
2014 -- $67,000 $9,900 $57,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Central New York Information Services

MLS Number: S1480682

Central New York Information Services

APN: 351200-128-071-0002-007-000-0000