NOT LISTED FOR SALE

Estimated Value: $182,000 - $241,000

6 Beds
4 Baths
2,748 Sq Ft
$79/Sq Ft Est. Value

Last Sold April 24, 2020

Last sale price $65,000 $24 Per Sq Ft

Est. 234% increase in value since last sale

Current estimated payment $1,373/month

8 Days on Market

Highlights

  • Wood Flooring
  • Forced Air Cooling System
  • Ceiling Fan
  • Corner Lot
  • Property is near a bus stop
  • 3-minute walk to Lewis Park

About This Home

As of April 2020

Great Investor Opportunity! Same owner for 50 years is ready to retire, so you benefit! Live in one unit and rent the other two, or rent all 3 for maximum passive income! Older solid home needs work, but has great income potential! Apartment 2 is vacant & ready to show, Apartments 1 & 3 shown by appointment only, have longterm month-to-month tenants, currently renting well below market rates. Water heater just 3 years old! Great Location on busline, one block off of West Genesee, close to Tipp Hill, 690 & 81! Walk to shops, library, dining, easy commute to downtown! Great rental investment opportunity at a great price!! Property being sold AS IS. VERY Motivated Seller prefers CASH offer.

Last Agent to Sell the Property

Sabrina Voll-MacDougall

Listing by NextHome CNY Realty License #10401275423 Listed on: 02/17/2020

NextHome CNY Realty

Last Buyer's Agent

Gabe Seifter

Listing by Hunt Real Estate ERA License #10301220827

Hunt Real Estate ERA

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1925

Lot Details

  • 3,974 Sq Ft Lot
  • Lot Dimensions are 72 x 55
  • Corner Lot
  • Rectangular Lot

Home Design

  • Block Foundation
  • Stone Foundation
  • Asphalt Roof
  • Partial Copper Plumbing

Interior Spaces

  • 2,748 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Basement Fills Entire Space Under The House
  • Scuttle Attic Hole

Flooring

  • Wood
  • Wall to Wall Carpet
  • Laminate
  • Vinyl

Parking

  • Shared Driveway
  • On-Street Parking

Location

  • Property is near a bus stop

Utilities

  • Forced Air Cooling System
  • Heating System Uses Gas
  • Gas Water Heater
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Rent includes heat, hot water, refuse removal, water
  • Tax Lot 9
  • Assessor Parcel Number 311500-111-000-0003-009-000-0000

Community Details

Overview

  • 3 Units
  • Tipperary Hill Community
  • Tipperary Hill Subdivision

Building Details

  • 3 Separate Electric Meters
  • 3 Separate Gas Meters

Property Details

Home Type

Multi-Family

Year Built

Built in 1925

Lot Details

0

Listing Details

  • NY Swis Code: Syracuse City-311500
  • Total Assessed Value: 92300
  • Foundation Description: Block, Stone
  • Listing Type: Exclusive Right To Sell
  • Lot Dimension Depth: 72
  • Lot Dimension Front: 55
  • Lot Information: Corner Lot, Near Bus Line, Neighborhood Street
  • Lot Number: 9
  • Lot Shape: Rectangular
  • Nearest Cross Street: West Genesee St
  • Number of Stories: 2.0000
  • Property Type: Multi-Family Res (2-4) units
  • Ratio Close Price By Acres: 712719.30
  • Ratio Close Price By Sq Ft: 23.65
  • Ratio List Price By Acres: 767543.86
  • Ratio List Price By Sq Ft: 25.47
  • Regional Board Code: Syracuse
  • Rent Includes: Heat, Hot Water, Refuse Removal, Water
  • Roof Description: Asphalt
  • School Tax: 2470
  • Sub Board Code: Syracuse
  • Type of Residence: 3 Unit, Side by Side, Upper/Lower
  • Type of Sale: Normal
  • Year Built Description: Existing
  • Lot Sq Ft: 3974
  • Age of Building: 97
  • Year Built: 1925
  • Directions To Property: West Genesee to Milton, property is on left on corner of Milton Ave and Erie St
  • Subdivision Comm Complex: Tipperary Hill
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2
  • Year Built: 1925

Interior Features

  • Additional Interior Features: Ceiling Fan, Circuit Breakers - Some, Copper Plumbing - Some, Electrical Fuses - some
  • Attic Description: Scuttle Access
  • Basement Description: Full
  • Floor Description: Hardwood-Some, Laminate-Some, Vinyl-Some, Wall To Wall Carpet-Some, Wood-Some
  • Total Sq Ft: 2748

Exterior Features

  • Construction: Aluminum/Steel
  • Additional Exterior Features: Cable TV Available, High Speed Internet
  • Number of Acres: 0.0912

Garage/Parking

  • Number of Electric Meters: 3
  • Parking Driveway: 2 or More Spaces, Blacktop, Shared, Street

Utilities

  • Heating Fuel Description: Gas
  • Hvac Type: Forced Air
  • Number of Gas Meters: 3
  • Number of Heating Units: 1
  • Separate Utilities: Electricity, Gas
  • Sewer Description: Sewer Connected
  • Water Heater Fuel: Gas

Schools

  • School District: Syracuse

Lot Info

  • Parcel Number: 311500-111-000-0003-009-000-0000

Rental Info

  • Certificate of Occupancy: Not Supplied

Multi Family

  • Total Number Of Apartments: 3

Tax Info

  • Total Taxes: 5513

MLS Schools

  • School District Name: Syracuse

Range of Values:

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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
04/24/2020 04/24/20 Sold $65,000 -7.1% $24 / Sq Ft
02/25/2020 02/25/20 Pending -- -- --
02/17/2020 02/17/20 For Sale $70,000 -- $25 / Sq Ft
Source: Central New York Information Services

Tax History Compared to Growth

Source: Public Records

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 -- $160,000 $11,200 $148,800
2023 $2,791 $160,000 $11,200 $148,800
2022 $2,123 $96,000 $11,200 $84,800
2021 $2,123 $96,000 $11,200 $84,800
2020 $2,151 $92,300 $11,200 $81,100
2019 $2,143 $92,300 $11,200 $81,100
2018 $2,143 $92,300 $11,200 $81,100
2017 $2,055 $92,300 $11,200 $81,100
2016 $2,083 $92,300 $11,200 $81,100
2015 -- $92,300 $11,200 $81,100
2014 -- $92,300 $11,200 $81,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Central New York Information Services

MLS Number: S1251960

Central New York Information Services

APN: 311500-111-000-0003-009-000-0000