NOT LISTED FOR SALE

693 S Bay Rd Syracuse, NY 13212

Estimated Value: $399,905

Studio
-- Bath
3,059 Sq Ft
$131/Sq Ft Est. Value

Sale Details

Date Sold: August 11, 2023

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

Est. 23% increase in value since last sale

Current estimated payment $2,833 / mo

246 Days on Market

Highlights

  • Property is near public transit
  • Cooling System Mounted In Outer Wall Opening
  • High Speed Internet
  • Corner Lot
  • Forced Air Heating and Cooling System
  • 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 Brokerage Phone: 315-436-6992 License #10301217397 Listed on: 01/26/2022

Berkshire Hathaway CNY Realty

Last Buyer's Agent

Denise Van Patten

Listing by Berkshire Hathaway CNY Realty Brokerage Phone: 315-436-6992 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 60x162
  • Corner Lot
  • Rectangular Lot

Home Design

  • Triplex
  • Mixed Use
  • Block Foundation
  • Wood Siding
  • Aluminum Siding
  • Steel Siding
  • 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

  • Parking Available
  • Common or Shared Parking
  • Gravel Driveway
  • Paved Parking

Location

  • Property is near public transit

Schools

  • Cicero-North Syracuse High School

Utilities

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

Community Details

  • 3 Units
  • 3 Separate Gas Meters

Listing and Financial Details

  • Rent includes gardener, snow removal, trash collection, water
  • Tax Lot 1
  • Assessor Parcel Number 312201-019-000-0001-001-000-0000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,926

Year Built

Built in 1930

Lot Details

9,720 Sq Ft Lot

Listing Details

  • Business Type: Mixed
  • Property Sub Type: Mixed Use
  • Property Type: Residential
  • Rent Includes: Gardener, Other, See Remarks, Snow Removal, Trash Collection, Water
  • Year Built: 1930
  • Attribution Contact: 315-436-6992
  • Lot Features: Corner Lot, Near Public Transit, Rectangular, Rectangular Lot
  • Road Frontage Type: Main Thoroughfare
  • Directions: South Bay Road, Village of North Syracuse, just South of Church Street intersection.
  • Architectural Style: Triplex
  • Flooring: Laminate, Varies
  • Unit Levels: Two
  • Year Built Details: Existing
  • Financial Info Electric: Circuit Breakers
  • Special Features: VirtualTour

Interior Features

  • Appliances: Gas Water Heater
  • Basement: Full, Finished, Walk-Out Access
  • Basement YN: Yes
  • Stories: 2
  • Stories: 2

Exterior Features

  • Acres: 0.2231
  • Waterfront: No
  • Construction Type: Aluminum Siding, Steel Siding, Wood Siding, Copper Plumbing, PEX Plumbing
  • Foundation Details: Block

Garage/Parking

  • Parking Features: Common, Gravel, Paved, Parking Available, Two or More Spaces

Utilities

  • Cooling: Central Air, Window Unit(s), Wall Unit(s)
  • Cooling Y N: Yes
  • Heating: Gas, Forced Air
  • HeatingYN: Yes
  • Utilities: Cable Available, High Speed Internet Available, Sewer Connected, Water Connected
  • Water Source: Connected, Public

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Junior High Dist: North Syracuse
  • Ninth Grade High School: Cicero-North Syracuse High

Lot Info

  • Parcel Number: 312201-019-000-0001-001-000-0000
  • Lot Dimensions: 60X162
  • Lot Size Sq Ft: 9720.0
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units In Community: 3
  • Number Of Units Total: 3
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3

Tax Info

  • Tax Annual Amount: 5926.0
  • Tax Lot: 1

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
$399,905

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$74,905
Avg. Annual Appreciation
8.02%
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

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