Seller's Agent in 2025
Zachary Johnson
Acropolis Realty Group LLC
(315) 380-2926
39 in this area
206 Total Sales
318 E Division St Syracuse, NY 13208
Northside Neighborhood
4
Beds
--
Bath
6,366
Sq Ft
3,267
Sq Ft Lot
Highlights
- Wood Flooring
- Baseboard Heating
- Rectangular Lot
- Forced Air Heating System
About This Home
As of June 2025Prime Investment Opportunity – 5-Unit Mixed-Use Property
This well-maintained 5-unit mixed-use building presents an excellent investment opportunity with strong rental income and upside potential. The property consists of four occupied residential units and one vacant commercial storefront, offering a diverse income stream.
Key Features:
• Strong Cash Flow – Currently grossing $5,332 per month, with the potential to reach the mid-$6,000s once the commercial space is leased.
• Reliable Tenancy – A majority of the residential rent is subsidized, ensuring consistent and secure rental payments.
• Separate Utilities – Individually metered gas and electric, minimizing landlord expenses.
• Opportunity for Growth – The vacant storefront provides the chance to add value with a new tenant
This property is perfect for investors seeking stable income with room to increase returns. Don’t miss out on this versatile and income-generating asset!
Last Agent to Sell the Property
Listing by Acropolis Realty Group LLC License #10301222752 Listed on: 02/25/2025
Last Buyer's Agent
Listing by Acropolis Realty Group LLC License #10301222752 Listed on: 02/25/2025
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $5,678
Year Built
- Built in 1940
Lot Details
- 3,267 Sq Ft Lot
- Lot Dimensions are 33x99
- Rectangular Lot
Parking
- No Garage
Home Design
- Brick Exterior Construction
Interior Spaces
- 4 Bedrooms
- 6,366 Sq Ft Home
- 2-Story Property
- Basement Fills Entire Space Under The House
Flooring
- Wood
- Laminate
- Vinyl
Utilities
- Forced Air Heating System
- Heating System Uses Gas
- Baseboard Heating
- Gas Water Heater
Community Details
- 5 Units
Listing and Financial Details
- Rent includes water
- Tax Lot 4
- Assessor Parcel Number 311500-008-000-0011-004-000-0000
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Feb 25, 2025
Closed on
Jun 13, 2025
Sold by
Hrm201 Properties Llc
Bought by
E Div St Hldgs Llc
Seller's Agent
Zachary Johnson
Acropolis Realty Group LLC
Buyer's Agent
Zachary Johnson
Acropolis Realty Group LLC
List Price
$299,900
Sold Price
$285,000
Premium/Discount to List
-$14,900
-4.97%
Views
26
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,917
Avg. Annual Appreciation
1.94%
Original Mortgage
$400,000
Outstanding Balance
$367,706
Interest Rate
6.89%
Mortgage Type
New Conventional
Estimated Equity
-$79,789
Purchase Details
Listed on
Apr 27, 2022
Closed on
Dec 21, 2022
Sold by
Hinuera Properties Llc
Bought by
Hrm201 Properties Llc
Seller's Agent
Zachary Johnson
Acropolis Realty Group LLC
Buyer's Agent
Zachary Johnson
Acropolis Realty Group LLC
List Price
$245,000
Sold Price
$245,000
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.26%
Original Mortgage
$196,000
Interest Rate
6.33%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Listed on
Jun 18, 2019
Closed on
Oct 8, 2019
Sold by
Ocny Realty Inc
Bought by
Hinuera Properties Llc
Seller's Agent
Laurie Burlingame
Hunt Real Estate ERA
Buyer's Agent
Frank Procopio
Hunt Real Estate ERA
List Price
$125,000
Sold Price
$125,000
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
23.82%
Original Mortgage
$93,750
Interest Rate
3.65%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan
Purchase Details
Closed on
Feb 17, 2006
Sold by
Geo Real Estate Serv Llc
Bought by
S & W Residential & Com Llc
Purchase Details
Closed on
Jun 7, 2004
Sold by
Sluzat Gary
Bought by
Geo Real Estate Services Llc
Purchase Details
Closed on
Jul 24, 1996
Sold by
Rosario Romeo Isidoro and Rosario Romeo
Bought by
Sluzar Gary
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $285,000 | -- | |
| Warranty Deed | $245,000 | None Available | |
| Warranty Deed | $125,000 | -- | |
| Warranty Deed | $125,000 | -- | |
| Deed | $115,000 | -- | |
| Deed | $115,000 | -- | |
| Deed | -- | Warren Wolfson | |
| Deed | -- | Warren Wolfson | |
| Deed | $50,000 | -- | |
| Deed | $50,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $400,000 | New Conventional | |
| Previous Owner | $196,000 | Purchase Money Mortgage | |
| Previous Owner | $93,750 | Stand Alone Refi Refinance Of Original Loan | |
| Previous Owner | $93,750 | Stand Alone Refi Refinance Of Original Loan |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 06/17/2025 06/17/25 | Sold | $285,000 | -5.0% | $45 / Sq Ft | |
| 05/02/2025 05/02/25 | Pending | -- | -- | -- | |
| 02/25/2025 02/25/25 | For Sale | $299,900 | +22.4% | $47 / Sq Ft | |
| 12/21/2022 12/21/22 | Sold | $245,000 | 0.0% | $38 / Sq Ft | View Prior Sale |
| 10/06/2022 10/06/22 | Pending | -- | -- | -- | |
| 10/03/2022 10/03/22 | For Sale | $245,000 | 0.0% | $38 / Sq Ft | |
| 05/03/2022 05/03/22 | Pending | -- | -- | -- | |
| 04/25/2022 04/25/22 | For Sale | $245,000 | +96.0% | $38 / Sq Ft | |
| 10/30/2019 10/30/19 | Sold | $125,000 | 0.0% | $20 / Sq Ft | View Prior Sale |
| 06/26/2019 06/26/19 | For Sale | $125,000 | 0.0% | $20 / Sq Ft | |
| 06/23/2019 06/23/19 | Pending | -- | -- | -- | |
| 06/18/2019 06/18/19 | For Sale | $125,000 | -- | $20 / Sq Ft |
Source: Central New York Information Services
Tax History Compared to Growth
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 | $3,134 | $90,000 | $9,800 | $80,200 |
| 2023 | $3,138 | $90,000 | $9,800 | $80,200 |
| 2022 | $3,230 | $90,000 | $9,800 | $80,200 |
| 2021 | $3,230 | $90,000 | $9,800 | $80,200 |
| 2020 | $3,256 | $90,000 | $9,800 | $80,200 |
| 2019 | $4,178 | $90,000 | $9,800 | $80,200 |
| 2018 | $3,222 | $90,000 | $9,800 | $80,200 |
| 2017 | $1,612 | $90,000 | $9,800 | $80,200 |
| 2016 | $1,622 | $90,000 | $9,800 | $80,200 |
| 2015 | -- | $90,000 | $9,800 | $80,200 |
| 2014 | -- | $90,000 | $9,800 | $80,200 |
Source: Public Records
Agents Affiliated with this Home
-
Zachary Johnson
-
Laurie Burlingame
Seller's Agent in 2019
Laurie Burlingame
Hunt Real Estate
(315) 935-1338
13 in this area
53 Total Sales
-
Frank Procopio
Buyer's Agent in 2019
Frank Procopio
Hunt Real Estate
(315) 928-5394
12 in this area
92 Total Sales
Map
Source: Central New York Information Services
MLS Number: S1589939
APN: 311500-008-000-0011-004-000-0000
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