NOT LISTED FOR SALE

309 E Seneca St Manlius, NY 13104

Estimated Value: $497,069

Studio
-- Bath
9,746 Sq Ft
$51/Sq Ft Est. Value

Last Sold June 22, 2022

Last sale price $260,000 $27 Per Sq Ft

Est. 91% increase in value since last sale

Current estimated payment $3,526/month

158 Days on Market

Highlights

  • Property is near public transit
  • Wood Flooring
  • Cooling System Mounted In Outer Wall Opening
  • Fayetteville Elementary School Rated A
  • Corner Lot
  • 1-minute walk to Mill Run Park

About This Home

As of June 2022

Well located 8 unit, mixed-use building in the Village of Manlius. Three ground level retail spaces & Five apartments make up the building configuration. 8/8 units occupied with all residential tenants on Month to Month rental agreements. Middle retail tenant signed a one year lease term as of July 1, 2021. Corner retail tenants are long term on month to month agreements. Rents are historically low. TLC Needed in common areas. Any residential turnover should have a substantial rental increase. 4 / 5 Residential Units renovated within past 10 years. The retail spaces are in great condition for their business use with separate utilities. Most residential tenants pay their own utilities, see private comments. Roof is 6 years old (complete tear off service). Current Gross Income is $49,200 for the past 12 months.

Last Agent to Sell the Property

Christopher Snyder

Listing by CNY Broker LLC License #10491213267 Listed on: 03/05/2021

Last Buyer's Agent

Christopher Snyder

Listing by CNY Broker LLC License #10491213267 Listed on: 03/05/2021

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,723

Year Built

  • Built in 1900

Lot Details

  • 5,663 Sq Ft Lot
  • Lot Dimensions are 89x60
  • Corner Lot

Parking

  • 1 Car Garage
  • Driveway

Home Design

  • Vinyl Siding
  • Stone

Interior Spaces

  • 9,746 Sq Ft Home
  • 2-Story Property

Kitchen

  • Gas Oven
  • Gas Range

Flooring

  • Wood
  • Carpet
  • Laminate
  • Tile
  • Vinyl

Basement

  • Basement Fills Entire Space Under The House
  • Walk-Up Access
  • Exterior Basement Entry

Location

  • Property is near public transit

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Forced Air Heating System
  • Heating System Uses Gas
  • Gas Water Heater

Listing and Financial Details

  • Rent includes hot water, snow removal, trash collection, water
  • Tax Lot 9
  • Assessor Parcel Number 313803-025-000-0007-009-000-0000

Community Details

Overview

  • 5 Units

Building Details

  • 7 Separate Gas Meters
  • Operating Expense $25,098
  • Gross Income $49,200

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,723

Year Built

Built in 1900

Lot Details

0

Parking

1

Listing Details

  • Property Sub Type: Commercial
  • Property Type: Multi Family
  • Rent Includes: Hot Water, Snow Removal, Trash Collection, Water
  • Year Built: 1900
  • Lot Features: Corner Lot, Near Public Transit
  • Directions: East Seneca Street in the Village of Manlius
  • Flooring: Carpet, Hardwood, Laminate, Resilient, Tile, Varies, Vinyl
  • Garage Yn: Yes
  • Unit Levels: Two
  • Year Built Details: Existing
  • Property Sub Type Additional: Commercial
  • Special Features: None

Interior Features

  • Appliances: Gas Oven, Gas Range, Gas Water Heater, Refrigerator
  • Basement: Exterior Entry, Full, Walk-Up Access
  • Basement YN: Yes
  • Stories: 2
  • Stories: 2

Exterior Features

  • Acres: 0.13
  • Waterfront: No
  • Construction Type: Stone, Vinyl Siding
  • Exterior Features: See Remarks

Garage/Parking

  • Garage Spaces: 1.0
  • Parking Features: Three or more Spaces, Driveway, Garage

Utilities

  • Cooling: Wall Unit(s)
  • Cooling Y N: Yes
  • Heating: Gas, Forced Air
  • HeatingYN: Yes
  • Utilities: Sewer Connected, Water Connected
  • Water Source: Connected, Public

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Junior High Dist: Fayetteville-Manlius

Lot Info

  • Parcel Number: 313803-025-000-0007-009-000-0000
  • Lot Dimensions: 89X60
  • Lot Size Sq Ft: 5663.0
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units Total: 5
  • Annual Gross Income: 49200.0
  • Annual Operating Expense: 25098.0
  • Number Of Separate Electric Meters: 7
  • Number Of Separate Gas Meters: 7

Tax Info

  • Tax Annual Amount: 10723.0
  • Tax Lot: 9

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 27, 2005
Sold by
Griffin Angeline
Bought by
Ahf Properties Inc
Current Estimated Value
$497,069
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

Purchase History

Date Buyer Sale Price Title Company
Ahf Properties Inc $200,000 Pat Kelly
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/22/2022 06/22/22 Sold $260,000 -45.3% $27 / Sq Ft
08/10/2021 08/10/21 Pending -- -- --
03/26/2021 03/26/21 Price Changed $475,000 -14.4% $49 / Sq Ft
03/05/2021 03/05/21 For Sale $555,000 -- $57 / Sq Ft
Source: Central New York Information Services

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 $11,278 $270,000 $26,000 $244,000
2023 $10,385 $231,000 $19,500 $211,500
2022 $11,160 $224,000 $19,500 $204,500
2021 $11,403 $217,000 $19,500 $197,500
2020 $10,727 $198,000 $61,300 $136,700
2019 -- $198,000 $61,300 $136,700
2018 $13,237 $198,000 $61,300 $136,700
2017 $9,230 $198,000 $61,300 $136,700
2016 $9,335 $198,000 $61,300 $136,700
2015 -- $198,000 $61,300 $136,700
2014 -- $180,600 $61,300 $119,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Central New York Information Services

MLS Number: S1322124

Central New York Information Services

APN: 313803-025-000-0007-009-000-0000