NOT LISTED FOR SALE

544 Valley Dr Syracuse, NY 13207

North Valley Neighborhood
6 Beds
-- Bath
4,608 Sq Ft
0.34 Acres

Last Sold March 12, 2024

Last sale price $405,000 $88 Per Sq Ft

10 Days on Market

Highlights

  • 0.34 Acre Lot
  • Wood Flooring
  • Baseboard Heating

About This Home

As of March 2024

Rare opportunity to own a 6 unit building all under one (new) roof with a 4 car garage for additional income. There are 2 - one bedroom units and 4 - two bedroom units. Each unit has its own boiler, hot water tank and is separately metered for gas and electric. Owner pays water and sewer as well for common area electrical for lighting. Plenty of off-street parking out back. Many upgrades throughout. Building is currently being sold at a 10.35% cap rate based on current income and expenses. 1 bedroom rents currently average $750 with market rents being around $950+. 2 bedroom rents are currently averaging $975 with market rents being around $1,050+. Lots of room for income growth with this property and priced well below replacement cost.

Last Agent to Sell the Property

Dante Belmonte

Listing by Hunt Real Estate ERA License #10401323828 Listed on: 01/01/2024

Hunt Real Estate ERA

Last Buyer's Agent

Dante Belmonte

Listing by Hunt Real Estate ERA License #10401323828 Listed on: 01/01/2024

Hunt Real Estate ERA

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,349

Year Built

  • Built in 1960

Lot Details

  • 0.34 Acre Lot
  • Lot Dimensions are 84x176

Parking

  • Driveway

Home Design

  • Shake Siding

Interior Spaces

  • 6 Bedrooms
  • 4,608 Sq Ft Home
  • 3-Story Property
  • Wood Flooring
  • Walk-Out Basement

Kitchen

  • Gas Oven
  • Gas Range

Utilities

  • Heating System Uses Gas
  • Baseboard Heating
  • Gravity Heating System
  • Gas Water Heater

Community Details

  • 6 Units
  • Eastview Subdivision

Listing and Financial Details

  • Rent includes water
  • Tax Lot 15
  • Assessor Parcel Number 311500-073-000-0025-015-000-0000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,349

Year Built

Built in 1960

Lot Details

0

Listing Details

  • Property Sub Type: Other
  • Property Type: Multi Family
  • Rent Includes: Water
  • Year Built: 1960
  • Lot Features: Residential Lot
  • Road Frontage Type: City Street
  • Subdivision Name: Eastview
  • Flooring: Hardwood, Luxury Vinyl, Varies
  • Year Built Details: Existing
  • ResoBuildingAreaSource: PublicRecords
  • Property Sub Type Additional: Other
  • Special Features: VirtualTour

Interior Features

  • Appliances: Gas Oven, Gas Range, Gas Water Heater, Refrigerator
  • Basement: Walk-Out Access
  • Total Bedrooms: 6
  • Stories: 3
  • Stories: 3

Exterior Features

  • Acres: 0.3426
  • Waterfront: No
  • Construction Type: Shake Siding
  • Exterior Features: Blacktop Driveway

Garage/Parking

  • Parking Features: Three or more Spaces, Driveway

Utilities

  • Heating: Gas, Baseboard, Gravity
  • HeatingYN: Yes
  • Utilities: Sewer Connected, Water Connected
  • Water Source: Connected, Public

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Junior High Dist: Syracuse

Lot Info

  • Parcel Number: 311500-073-000-0025-015-000-0000
  • Lot Dimensions: 84X176
  • Lot Size Sq Ft: 14924.0
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units Total: 6

Tax Info

  • Tax Annual Amount: 7349.0
  • Tax Lot: 15

Range of Values:

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

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/12/2024 03/12/24 Sold $405,000 -3.5% $88 / Sq Ft
01/01/2024 01/01/24 For Sale $419,900 +366.6% $91 / Sq Ft
05/03/2017 05/03/17 Sold $90,000 0.0% $20 / Sq Ft View Prior Sale
05/02/2017 05/02/17 Pending -- -- --
05/01/2017 05/01/17 For Sale $90,000 -- $20 / Sq Ft
Source: Central New York Information Services

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Dante Belmonte

    Seller's Agent in 2024

    Dante Belmonte

    Hunt Real Estate

    (315) 794-1522

    10 in this area

    371 Total Sales

    Dante Belmonte
    Section Image

  • N

    Seller's Agent in 2017

    NON MLS

    Syracuse Non-MLS

  • Christopher Newman

    Buyer's Agent in 2017

    Christopher Newman

    Acropolis Realty Group LLC

    (315) 412-1975

    4 in this area

    217 Total Sales

    Christopher Newman
    Section Image
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Map

Source: Central New York Information Services

MLS Number: S1515104

Central New York Information Services
New York Onondaga County Syracuse 13207 North Valley

544 Valley Dr, Syracuse, NY

Not Listed for Sale

MultiFamily

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