NOT LISTED FOR SALE

6885 River Rd Unit 68 Memphis, NY 13112

-- Bed
-- Bath
9,158 Sq Ft
2.66 Acres

Last Sold March 29, 2012

Last sale price $145,000 $16 Per Sq Ft

101 Days on Market

Highlights

  • 400 Feet of Waterfront
  • Wooded Lot
  • Woodwork
  • 2.66 Acre Lot
  • Wood Flooring
  • Forced Air Cooling System

About This Home

As of March 2012

Amazing investment opportunity. Start cashing the checks the first month. Fully rented 5 unit Waterfront property with 2 buildings. Generates $3,555 in monthly rental income. First building is a 3 unit with 6 garage spaces. Second building is a 1450 sq ft Ranch with a rented in-law apartment. Many new improvements including public water, new septic, roof, updating, new oil tanks, new heating & remodeled baths.

Last Agent to Sell the Property

David Zehner

Listing by Hunt Real Estate Era Listed on: 10/25/2011

Last Buyer's Agent

Bill Crocker

Listing by Hunt Real Estate Era

Hunt Real Estate Era

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,390

Year Built

  • Built in 1950

Lot Details

  • 2.66 Acre Lot
  • Lot Dimensions are 217 x 532
  • 400 Feet of Waterfront
  • River Front
  • Wooded Lot

Parking

  • 6 Car Garage

Home Design

  • Partial Copper Plumbing
  • Cedar

Interior Spaces

  • 9,158 Sq Ft Home
  • 1-Story Property
  • Woodwork
  • Ceiling Fan
  • Storage
  • Water Views
  • Range Hood

Flooring

  • Wood
  • Wall to Wall Carpet
  • Tile

Schools

  • Elbridge Elementary School
  • Jordan-Elbridge Middle School
  • Jordan-Elbridge High School

Utilities

  • Forced Air Cooling System
  • Multiple Heating Units
  • Heating System Uses Oil
  • Oil Water Heater
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 315689-046-000-0001-002-000-0000

Community Details

Overview

  • 5 Units

Building Details

  • 5 Separate Electric Meters
  • Operating Expense $16,600

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,390

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Age: 61
  • Annual Operating Expenses: 16600
  • NY Swis Code: Elbridge-312889
  • Total Assessed Value: 160000
  • Listing Type: Exclusive Right To Sell
  • Lot Dimension Depth: 217
  • Lot Dimension Front: 532
  • Lot Information: Beach/Water Access - See Remarks, Secondary Road, Water View, Wooded Lot
  • L P Per Acre: 65751.8797
  • List Price per Sq Ft: 19.0980
  • Nearest Cross Street: Old Route 31
  • Number of Stories: 1.0000
  • Property Type: Multi-Family Res (2-4) units
  • Ratio Close Price By Acres: 54511.28
  • Ratio Close Price By Sq Ft: 15.83
  • Ratio List Price By Acres: 65751.88
  • Ratio List Price By Sq Ft: 19.10
  • Regional Board Code: Syracuse
  • Regional Board Number: 6390
  • School Tax: 4124
  • Sale Price List Price: 0.8290
  • S P Per Acre: 54511.2782
  • S P Per Sq Ft: 15.8331
  • Sub Board Code: Syracuse
  • Type of Residence: 1 Lot - Multi Structures
  • Type of Sale: Normal
  • Value Range Search Low Price: 174900.00
  • Year Built Description: Existing
  • Age of Building: 72
  • Year Built: 1950
  • Directions To Property: From Baldwinsville Route 31 West to old Route 31 Right on oRiver Rd (6885)
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1
  • Year Built: 1950

Interior Features

  • Additional Interior Features: Ceiling Fan, Circuit Breakers - Some, Copper Plumbing - Some, Natural Woodwork - some, Storage
  • Floor Description: Hardwood-Some, Tile-Some, Wall To Wall Carpet-Some
  • Kitchen Appliances Included: Oven/Range Built-In-Some, Range Hood-Exhaust Fan
  • Number of Rooms: 3
  • Total Sq Ft: 9158

Exterior Features

  • Construction: Cedar, Concrete Block, Shake Shingle, Wood
  • Waterfront Name: Seneca River
  • Number of Acres: 2.6600
  • Waterfront Description: River/Stream/Creek
  • Waterfront Frontage: 400

Garage/Parking

  • Number of Electric Meters: 5
  • Number of Garage Spaces: 6.0000
  • Parking Driveway: 2 or More Spaces

Utilities

  • Heating Fuel Description: Oil
  • Hvac Type: Forced Air
  • Number of Heating Units: 2
  • Separate Utilities: Electricity
  • Sewer Description: Septic
  • Water Heater Fuel: Oil

Lot Info

  • Parcel Number: 315689-046-000-0001-002-000-0000

Rental Info

  • Certificate of Occupancy: Negotiable

Multi Family

  • Total Number Of Apartments: 5

Tax Info

  • Total Taxes: 7390

MLS Schools

  • Elementary School Name: Elbridge Elementary
  • High School Name: Jordan-Elbridge High
  • Middle School Name: Jordan-Elbridge Middle
  • School District Name: Jordan-Elbridge

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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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
03/29/2012 03/29/12 Sold $145,000 -17.1% $16 / Sq Ft
02/03/2012 02/03/12 Pending -- -- --
10/25/2011 10/25/11 For Sale $174,900 -- $19 / Sq Ft
Source: Central New York Information Services

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2012

    David Zehner

    Hunt Real Estate

  • Bill Crocker

    Buyer's Agent in 2012

    Bill Crocker

    Hunt Real Estate

    (716) 880-1919

    9 in this area

    126 Total Sales

    Bill Crocker
    Section Image
See All Agents

Map

Source: Central New York Information Services

MLS Number: S262488

Central New York Information Services

APN: 315689 046.-01-02.0

New York Onondaga County Memphis 13112

6885 River Rd Unit 68, Memphis, NY

Not Listed for Sale

MultiFamily

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