This centrally located two family home is minutes from Burnet Park Zoo, Western light shopping center, Wegmans and downtown Syracuse. Loads of updates from bathrooms, Anderson windows, furnaces to kitchens. Very clean and in move in condition. Plenty of parking spaces, private partially fenced backyard. 1004 sq/ft each unit. Very good opportunity for owner occupied, rental income will pay for mortgage. Solid investment for investor with great cash flow.
Listing by Berkshire Hathaway CNY RealtyLicense #10401260111
Property Details
Home Type
Multi-Family
Est. Annual Taxes
$2,360
Year Built
Built in 1860
Lot Details
6,534 Sq Ft Lot
Lot Dimensions are 127 x 50
Rectangular Lot
Home Design
Duplex
Stone Foundation
Vinyl Construction Material
Interior Spaces
2,008 Sq Ft Home
2-Story Property
Basement Fills Entire Space Under The House
Kitchen
Electric Range
Range Hood
Microwave
Dishwasher
Flooring
Wood
Wall to Wall Carpet
Linoleum
Ceramic Tile
Parking
No Garage
Stone Driveway
Utilities
Forced Air Cooling System
Multiple Heating Units
Heating System Uses Gas
Electric Water Heater
Listing and Financial Details
Assessor Parcel Number 311500-091-000-0004-003-000-0000
Community Details
Overview
2 Units
Building Details
2 Separate Electric Meters
2 Separate Gas Meters
Property Details
Home Type
Multi-Family
Est. Annual Taxes
$2,360
Year Built
Built in 1860
Lot Details
0
Listing Details
Age: 154
NY Swis Code: Syracuse City-311500
Total Assessed Value: 45000
Foundation Description: Stone
Listing Type: Exclusive Right To Sell
Lot Dimension Depth: 127
Lot Dimension Front: 50
Lot Information: Neighborhood Street
Lot Shape: Rectangular
L P Per Acre: 383333.3300
List Price per Sq Ft: 28.6354
Nearest Cross Street: Lydell St
Number of Stories: 2.0000
Property Type: Multi-Family Res (2-4) units
Ratio Close Price By Acres: 370000.00
Ratio Close Price By Sq Ft: 27.64
Ratio List Price By Acres: 383333.33
Ratio List Price By Sq Ft: 28.64
Regional Board Code: Syracuse
Regional Board Number: 6390
School Tax: 781
Sale Price List Price: 0.9652
S P Per Acre: 370000.0000
S P Per Sq Ft: 27.6400
Sub Board Code: Syracuse
Type of Residence: 2 Unit, Duplex
Type of Sale: Normal
Value Range Search Low Price: 57500.00
Year Built Description: Existing
Age of Building: 162
Year Built: 1860
Directions To Property: Near Western Lights shopping mall and Burnett Park Zoo. From intersection of Valesko Rd and S.Avery ave take Grand Ave heading east. House is on right hand side across from the old Burnet Park Zoo entrance.
Special Features: None
Property Sub Type: MultiFamily
Stories: 2
Year Built: 1860
Interior Features
Basement Description: Full
Floor Description: Ceramic-Some, Hardwood-Some, Linoleum/Vinyl, Wall To Wall Carpet-Some
Kitchen Appliances Included: Dishwasher, Microwave, Oven/Range Electric-Some, Range Hood-Exhaust Fan
Number of Rooms: 9
Total Sq Ft: 2008
Exterior Features
Construction: Vinyl
Number of Acres: 0.1500
Garage/Parking
Garage Description: No Garage
Number of Electric Meters: 2
Parking Driveway: 2 or More Spaces, Stone/Gravel
Utilities
Heating Fuel Description: Gas
Hvac Type: Forced Air
Number of Gas Meters: 2
Number of Heating Units: 2
Separate Utilities: Electricity, Gas, Heat
Sewer Description: Sewer Connected
Water Heater Fuel: Electric
Schools
School District: Syracuse
Lot Info
Parcel Number: 311500-091-000-0004-003-000-0000
Rental Info
Certificate of Occupancy: Negotiable
Multi Family
Total Number Of Apartments: 2
Tax Info
Total Taxes: 2360
MLS Schools
School District Name: Syracuse
Ownership History
DateNameOwned ForOwner Type
Aug 2014 - PresentFotusky Timothy11 Years
Private Individual
Purchase Details
Listed on
May 20, 2014
Closed on
Aug 27, 2014
Sold by
Rinaldo Ronald
Bought by
Fotusky Timothy
Seller's Agent
Domenick Losurdo
MyTown Realty LLC
Buyer's Agent
Tim VanBeveren
Berkshire Hathaway CNY Realty
List Price
$58,500
Sold Price
$55,500
Premium/Discount to List
-$3,000
-5.13%
Current Estimated Value
$127,041
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Looking for fixer upper, contractors, flippers and investors please! This 4-unit home is screaming for tender loving care and will need total renovation. There is one unit of studio, two units of 2-bedroom, one unit of 3-bedroom. It will need major work but Onondaga St is getting a lot of attention from the City and investors. If you can spend the time, sweat equities and imagination, you can
Calling all investors, contractors, and savvy buyers! This two-family property is your next value-add project. Each unit features 3 spacious bedrooms, offering strong rental potential once brought back to life. Major renovations are needed, but the bones are there and the upside is undeniable.Highlights include:Separate gas and electric meters for each unitTwo large 3-bedroom unitsIdeal layout
Part of the Legacy Program Cluster 2, this home is currently configured as a three-unit and must be converted to a two-family home. First and second floors are three bedroom, one bathroom apartments. Third floor could potentially offer two more bedrooms to the second floor apartment if codes allows. Large hole in roof, major water damage. $60k purchase price for cluster of 5 properties. Property
Greater Syracuse Land BankGreater Syracuse Land Bank
This multi-unit home offers an amazing opportunity for investors or renovators. This duplex offers two separate units, each with 2 bedrooms and 1 bathroom. Whether you're looking to renovate the property and rent out both units for a steady income stream or transform it into a spacious single-family home, the possibilities are endless. This property is priced to reflect the current condition.
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Average Value
Not Available
List Price
Sold Price
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Tax AssessmentTax Assessment
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This home is located at 405 Grand Ave, Syracuse, NY 13204 and is currently priced at $55,500, approximately $27 per square foot. This property was built in 1860. 405 Grand Ave is a home located in Onondaga County with nearby schools including Delaware Academy, Westside Academy at Blodgett, and Most Holy Rosary School.
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