NOT LISTED FOR SALE

Estimated Value: $241,000 - $303,000

5 Beds
2 Baths
1,980 Sq Ft
$138/Sq Ft Est. Value

Last Sold November 12, 2024

Last sale price $275,000 $139 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $1,534/month

61 Days on Market

Highlights

  • Property is near public transit
  • High Speed Internet
  • 2-minute walk to Tipperary Hill Heritage Memorial
  • Forced Air Heating System
  • Carpet

About This Home

As of November 2024

Welcome to 424 Ulster Street, nestled in the charming and historic Tipperary Hill neighborhood of Syracuse, NY. This beautifully renovated two-family property is an excellent investment opportunity. The first-floor unit features 3 spacious bedrooms and 1 bathroom, while the upstairs unit offers 2 cozy bedrooms and 1 bathroom. Both units have been meticulously updated with wonderful finishes, including stainless steel appliances, ensuring a contemporary and comfortable living experience. Significant improvements include a new water heater, furnace, roof, and more providing peace of mind for years to come.The property also boasts convenient off street parking. Currently fully occupied, this property generates a robust gross annual income of over $41000. Whether you're an investor seeking a lucrative rental property or a homeowner looking for a well-maintained and income-generating home, 424 Ulster Street is a must see. Don't miss out on this exceptional opportunity in a sought after neighborhood. Showings begin Monday 8/5

Last Agent to Sell the Property

Ryan Yamini

Listing by Hunt Real Estate ERA License #10301217122 Listed on: 08/01/2024

Hunt Real Estate ERA

Last Buyer's Agent

Jeremy Allen

Listing by Acropolis Realty Group LLC License #10401329024

Acropolis Realty Group LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,177

Year Built

  • Built in 1890

Lot Details

  • 3,300 Sq Ft Lot
  • Lot Dimensions are 33x100

Home Design

  • Duplex
  • Block Foundation
  • Stone Foundation
  • Vinyl Siding
  • Copper Plumbing

Interior Spaces

  • 1,980 Sq Ft Home
  • 2-Story Property
  • Basement Fills Entire Space Under The House

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 2 Full Bathrooms

Location

  • Property is near public transit

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas
  • Gas Water Heater
  • Community Sewer or Septic
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Rent includes electricity, heat, hot water, trash collection, water
  • Tax Lot 27
  • Assessor Parcel Number 311500-111-000-0032-027-000-0000

Community Details

Overview

  • 2 Units
  • Geddes Subdivision

Building Details

  • 1 Separate Gas Meter
  • Gross Income $41,400

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,177

Year Built

Built in 1890

Lot Details

3,300 Sq Ft Lot

Listing Details

  • Property Sub Type: Multi Family
  • Property Type: Residential
  • Rent Includes: Electricity, Heat, Hot Water, Trash Collection, Water
  • Year Built: 1890
  • Lot Features: Near Public Transit, Residential Lot
  • Road Frontage Type: City Street
  • Subdivision Name: Geddes
  • Directions: W Wilbur Ave to Ulster St
  • Architectural Style: Duplex
  • Flooring: Carpet, Laminate, Varies
  • Unit Levels: Two
  • Year Built Details: Existing
  • Financial Info Electric: Circuit Breakers
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: VirtualTour

Interior Features

  • Appliances: Gas Water Heater
  • Basement: Full
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 5
  • Stories: 2
  • Stories: 2

Exterior Features

  • Acres: 0.0758
  • Waterfront: No
  • Construction Type: Vinyl Siding, Copper Plumbing
  • Foundation Details: Block, Stone

Garage/Parking

  • Parking Features: Two or More Spaces

Utilities

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

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Junior High Dist: Syracuse

Lot Info

  • Parcel Number: 311500-111-000-0032-027-000-0000
  • Lot Dimensions: 33X100
  • Lot Size Sq Ft: 3300.0
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units In Community: 2
  • Number Of Units Total: 2
  • Annual Gross Income: 41400.0
  • Number Of Separate Electric Meters: 1
  • Number Of Separate Gas Meters: 1

Tax Info

  • Tax Annual Amount: 3177.0
  • Tax Lot: 27

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 1, 2024
Closed on
Oct 29, 2024
Sold by
Romero Edward
Bought by
746 Westmoreland Llc
Seller's Agent
Ryan Yamini
Hunt Real Estate ERA
Buyer's Agent
Jeremy Allen
Acropolis Realty Group LLC
List Price
$289,000
Sold Price
$275,000
Premium/Discount to List
-$14,000
-4.84%
Views
67
Current Estimated Value
$272,399

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$2,601
Avg. Annual Appreciation
-0.72%

Purchase Details

Listed on
Apr 20, 2022
Closed on
Jun 22, 2022
Sold by
Morse Katherine E and Morse Jack R
Bought by
Romero Edward
Seller's Agent
Donald Grovine
Hunt Real Estate ERA
Buyer's Agent
Lauren Ulinski
Hunt Real Estate ERA
List Price
$105,000
Sold Price
$115,000
Premium/Discount to List
$10,000
9.52%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
44.02%
Original Mortgage
$86,250
Interest Rate
5.25%
Mortgage Type
Purchase Money Mortgage
Source: Public Records
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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
746 Westmoreland Llc $275,000 None Available
Romero Edward $115,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Romero Edward $86,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/12/2024 11/12/24 Sold $275,000 -4.8% $139 / Sq Ft
10/01/2024 10/01/24 Pending -- -- --
08/01/2024 08/01/24 For Sale $289,000 +151.3% $146 / Sq Ft
06/22/2022 06/22/22 Sold $115,000 +9.5% $58 / Sq Ft View Prior Sale
04/23/2022 04/23/22 Pending -- -- --
04/20/2022 04/20/22 For Sale $105,000 -- $53 / 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 $1,583 $84,000 $9,000 $75,000
2023 $1,609 $84,000 $9,000 $75,000
2022 $838 $66,000 $9,000 $57,000
2021 $838 $66,000 $9,000 $57,000
2020 $859 $66,000 $9,000 $57,000
2019 $854 $66,000 $9,000 $57,000
2018 $854 $66,000 $9,000 $57,000
2017 $817 $66,000 $9,000 $57,000
2016 $827 $66,000 $9,000 $57,000
2015 -- $66,000 $9,000 $57,000
2014 -- $66,000 $9,000 $57,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Central New York Information Services

MLS Number: S1556240

Central New York Information Services

APN: 311500-111-000-0032-027-000-0000

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