NOT LISTED FOR SALE

693 S Bay Rd Syracuse, NY 13212

Estimated Value: $416,293

Studio
-- Bath
3,059 Sq Ft
$136/Sq Ft Est. Value

Last Sold August 11, 2023

Last sale price $325,000 $106 Per Sq Ft

Est. 28% increase in value since last sale

Current estimated payment $2,875/month

246 Days on Market

Highlights

  • Corner Lot
  • No Interior Steps
  • High Speed Internet
  • Forced Air Cooling System
  • Property is near bus stop
  • 4-minute walk to North Syracuse Veteran's Memorial Park

About This Home

As of August 2023

Rare Opportunity to Own Two Fully Refurbished Airbnb's near the Syracuse Airport as well a Rental apartment that generates $850 month, Three Separate sources of Monthly Income! Zoned Multi Family/Commercial as well as Hotel/Motel. Each Airbnb has the potential to generate $2000 per month. There is currently a long term tenant in Unit #3 that is month to month and current on his rent. Upper Airbnb was just completed and now offers Brand New Flooring, New Bath, Paint throughout and New Kitchen. Full Roof Tear down in 2021- Front Roof will be will be completed prior to closing. Owner Refurbished lower level and made into Airbnb 2019. Proof of funds or updated PreQual required to show. There are guests and tenants in the building so please be patient when trying to arrange showings. Airbnb utilities are paid by owner. 1st Floor utilities are paid by owner - reimbursed by traditional tenant. Close to Airport, Thruway, Highway, Shopping and Destiny Mall. Great Investment Property or Rent and Live for Free!

Last Agent to Sell the Property

Denise Van Patten

Listing by Berkshire Hathaway CNY Realty License #10301217397 Listed on: 01/26/2022

Berkshire Hathaway CNY Realty

Last Buyer's Agent

Denise Van Patten

Listing by Berkshire Hathaway CNY Realty License #10301217397 Listed on: 01/26/2022

Berkshire Hathaway CNY Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,926

Year Built

  • Built in 1930

Lot Details

  • 9,720 Sq Ft Lot
  • Lot Dimensions are 162 x 60
  • Corner Lot
  • Rectangular Lot

Home Design

  • Mixed Use
  • Block Foundation
  • Built-Up Roof
  • Asphalt Roof
  • Partial Copper Plumbing

Interior Spaces

  • 3,059 Sq Ft Home
  • 2-Story Property
  • Laminate Flooring

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Parking

  • Stone Driveway
  • Shared Driveway

Accessible Home Design

  • No Interior Steps
  • Accessible Ramps
  • Stepless Entry

Location

  • Property is near bus stop

Schools

  • Cicero-North Syracuse High School

Utilities

  • Forced Air Cooling System
  • Cooling System Mounted In Outer Wall Opening
  • Window Unit Cooling System
  • Multiple Heating Units
  • Heating System Uses Gas
  • Gas Available
  • PEX Plumbing
  • Gas Water Heater
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Rent includes lawn maintenance, refuse removal, snow removal, water
  • Tax Lot 1
  • Assessor Parcel Number 312201-019-000-0001-001-000-0000

Community Details

Overview

  • 3 Units

Building Details

  • 3 Separate Electric Meters
  • 3 Separate Gas Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,926

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Accessibility: No Interior Steps, No Step Entry, Ramp
  • NY Swis Code: North Syracuse Village-Cicero-312201
  • Total Assessed Value: 135000
  • Foundation Description: Block
  • Listing Type: Exclusive Right To Sell
  • Lot Dimension Depth: 162
  • Lot Dimension Front: 60
  • Lot Information: Corner Lot, Near Bus Line, Primary Road
  • Lot Number: 1
  • Lot Shape: Rectangular
  • Nearest Cross Street: Church Street
  • Number of Stories: 2.0000
  • Property Type: Multi-Family Res (2-4) units
  • Ratio Close Price By Acres: 1456745.85
  • Ratio Close Price By Sq Ft: 106.24
  • Ratio List Price By Acres: 1456745.85
  • Ratio List Price By Sq Ft: 106.24
  • Regional Board Code: Syracuse
  • Rent Includes: Lawn Maintenance, Refuse Removal, Snow Removal, Water
  • Roof Description: Asphalt, Built-Up/Tar
  • School Tax: 3163
  • Sub Board Code: Syracuse
  • Type of Residence: 3 Unit, Mixed Use
  • Type of Sale: Normal
  • Village: North Syracuse-Village
  • Year Built Description: Existing
  • Lot Sq Ft: 9720
  • Ad Copy: Airbnb located near the Syracuse Airport
  • Ad Headline: Airbnb near Airport
  • Age of Building: 93
  • Year Built: 1930
  • Directions To Property: South Bay Road, Village of North Syracuse, just South of Church Street intersection.
  • Sq Ft Total Pub: 3059
  • Attribution Contact: 315-436-6992
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2
  • Year Built: 1930

Interior Features

  • Additional Interior Features: Circuit Breakers - Some, Copper Plumbing - Some, Freestanding/Window AC, Pex Plumbing- Some
  • Basement Description: Exterior Walkout, Finished, Full
  • Floor Description: Laminate-Some
  • Total Sq Ft: 3059

Exterior Features

  • Construction: Aluminum/Steel, Wood
  • Additional Exterior Features: Cable TV Available, High Speed Internet
  • Number of Acres: 0.2231

Garage/Parking

  • Number of Electric Meters: 3
  • Parking Driveway: 2 or More Spaces, Blacktop, Common, Parking Area, Stone/Gravel

Utilities

  • Heating Fuel Description: Gas
  • Hvac Type: AC-Central, Forced Air, Wall A/C Units-Some
  • Number of Gas Meters: 3
  • Number of Heating Units: 3
  • Separate Utilities: Air Conditioning, Electricity, Gas, Heat
  • Sewer Description: Sewer Connected
  • Water Heater Fuel: Gas

Lot Info

  • Parcel Number: 312201-019-000-0001-001-000-0000

Rental Info

  • Certificate of Occupancy: Not Required

Multi Family

  • Total Number Of Apartments: 3

Tax Info

  • Total Taxes: 5926

MLS Schools

  • High School Name: Cicero-North Syracuse High
  • School District Name: North Syracuse

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 26, 2022
Closed on
Aug 11, 2023
Sold by
Werner Steven L
Bought by
Sweet Bradley
Seller's Agent
Denise Van Patten
Berkshire Hathaway CNY Realty
Buyer's Agent
Denise Van Patten
Berkshire Hathaway CNY Realty
List Price
$325,000
Sold Price
$325,000
Views
9
Current Estimated Value
$416,293

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$91,293
Avg. Annual Appreciation
10.59%
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
Sweet Bradley $325,000 None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/11/2023 08/11/23 Sold $325,000 0.0% $106 / Sq Ft
09/29/2022 09/29/22 Pending -- -- --
01/26/2022 01/26/22 For Sale $325,000 +182.9% $106 / Sq Ft
01/16/2019 01/16/19 Sold $114,900 0.0% $38 / Sq Ft View Prior Sale
11/09/2018 11/09/18 Pending -- -- --
10/15/2018 10/15/18 Price Changed $114,900 -11.5% $38 / Sq Ft
10/02/2018 10/02/18 Price Changed $129,900 -10.4% $42 / Sq Ft
07/17/2018 07/17/18 For Sale $145,000 +26.2% $47 / Sq Ft
07/04/2018 07/04/18 Off Market $114,900 -- --
07/02/2018 07/02/18 Price Changed $145,000 +3.6% $47 / Sq Ft
06/29/2018 06/29/18 For Sale $140,000 -- $46 / 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 $8,527 $175,000 $11,200 $163,800
2023 $7,114 $135,000 $11,200 $123,800
2022 $6,009 $135,000 $11,200 $123,800
2021 $5,922 $135,000 $11,200 $123,800
2020 $5,927 $135,000 $11,200 $123,800
2019 -- $135,000 $11,200 $123,800
2018 $11,170 $135,000 $11,200 $123,800
2017 $9,228 $135,000 $11,200 $123,800
2016 $10,842 $135,000 $11,200 $123,800
2015 -- $135,000 $11,200 $123,800
2014 -- $135,000 $11,200 $123,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Central New York Information Services

MLS Number: S1385822

Central New York Information Services

APN: 312201-019-000-0001-001-000-0000