702 Oak St Syracuse, NY 13203
Sedgwick NeighborhoodEstimated payment $1,129/month
Highlights
- Deck
- Property is near public transit
- Forced Air Heating System
- Pine-Richland High School Rated A
- Wood Flooring
- Rectangular Lot
About This Home
Welcome to 702 Oak St in Syracuse, NY. This two-unit multifamily home offers 2,042 square feet of living space with a total of 5 bedrooms and 2 bathrooms, making it an excellent opportunity for both new and seasoned investors. Both apartments are currently occupied, generating a gross monthly income of $1,900 and providing immediate cash flow from day one. Each unit has separately metered utilities, giving tenants responsibility for their own usage and keeping operating expenses lower for the owner. With stable tenants already in place, this property removes the stress of vacancy and ensures consistent rental income. Whether you’re looking to expand your real estate portfolio or purchase your first multifamily investment, 702 Oak St offers a balance of affordability, steady income, and long-term value.
Listing Agent
Listing by The O'Hara Group License #10401383970 Listed on: 09/11/2025
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $2,917
Year Built
- Built in 1910
Lot Details
- 5,148 Sq Ft Lot
- Lot Dimensions are 39x132
- Rectangular Lot
Parking
- On-Street Parking
Home Design
- Siding
- Copper Plumbing
Interior Spaces
- 2,042 Sq Ft Home
- 2-Story Property
- Basement Fills Entire Space Under The House
Flooring
- Wood
- Carpet
Bedrooms and Bathrooms
- 5 Bedrooms
- 2 Full Bathrooms
Utilities
- Forced Air Heating System
- Heating System Uses Gas
- Gas Water Heater
- Cable TV Available
Additional Features
- Deck
- Property is near public transit
Community Details
- 2 Units
- 2 Separate Gas Meters
Listing and Financial Details
- Tax Lot 41
- Assessor Parcel Number 311500-019-000-0005-041-000-0000
Map
Home Values in the Area
Average Home Value in this Area
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 | $1,177 | $46,000 | $8,200 | $37,800 |
| 2023 | $1,186 | $46,000 | $8,200 | $37,800 |
| 2022 | $1,215 | $46,000 | $8,200 | $37,800 |
| 2021 | $1,215 | $46,000 | $8,200 | $37,800 |
| 2020 | $1,244 | $46,000 | $8,200 | $37,800 |
| 2019 | $1,236 | $46,000 | $8,200 | $37,800 |
| 2018 | $1,236 | $46,000 | $8,200 | $37,800 |
| 2017 | $1,181 | $46,000 | $8,200 | $37,800 |
| 2016 | $1,195 | $46,000 | $8,200 | $37,800 |
| 2015 | -- | $46,000 | $8,200 | $37,800 |
| 2014 | -- | $46,000 | $8,200 | $37,800 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 09/11/2025 09/11/25 | For Sale | $169,000 | -- | $83 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $67,000 | -- | |
| Warranty Deed | $67,000 | -- | |
| Deed | $34,500 | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $50,250 | Purchase Money Mortgage | |
| Closed | $50,250 | Purchase Money Mortgage |
Source: Central New York Information Services
MLS Number: S1632133
APN: 311500-019-000-0005-041-000-0000
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