NOT LISTED FOR SALE

71 Phelps St Lyons, NY 14489

Estimated Value: $127,419 - $138,000

4 Beds
3 Baths
2,720 Sq Ft
$49/Sq Ft Est. Value

Sale Details

Date Sold: June 30, 2020

Last sale price $80,000 $29 Per Sq Ft

Est. 66% increase in value since last sale

Current estimated payment $985 / mo

76 Days on Market

Highlights

  • Wood Flooring
  • Baseboard Heating
  • High Speed Internet
  • Corner Lot

About This Home

As of June 2020

Well maintained 2 family side by side home ready for your investment. One side is a 3 bedroom, 1.5 bath unit (73) and the other is a 2 bedroom, 1 bath unit (71) This home is rarely vacant and has a great rental history with one long term tenant. All utilities are separate and paid by the tenants. Stove and refrigerator in each unit are included. New electric panels for both units, part of the roof was replaced 2 years ago, as well as 1 hot water tank. Sit back and enjoy the rental income, or use as a primary residence and let the tenants pay your mortgage. Either way, a sound investment at this price!!! Come take a look.

Last Agent to Sell the Property

John Flock

Listing by Towpath Homes License #10301216475 Listed on: 03/03/2020

Last Buyer's Agent

John Flock

Listing by Towpath Homes License #10301216475 Listed on: 03/03/2020

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,523

Year Built

  • Built in 1900

Lot Details

  • 4,792 Sq Ft Lot
  • Lot Dimensions are 59x85
  • Corner Lot

Parking

  • Unpaved Driveway

Home Design

  • Duplex
  • Block Foundation
  • Aluminum Siding
  • Steel Siding
  • Copper Plumbing

Interior Spaces

  • 2,720 Sq Ft Home
  • 2-Story Property
  • Basement Fills Entire Space Under The House
  • Washer Hookup

Flooring

  • Wood
  • Carpet
  • Ceramic Tile
  • Vinyl

Utilities

  • Heating System Uses Gas
  • Baseboard Heating
  • Hot Water Heating System
  • Gas Water Heater
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for all utilities
  • Tax Lot 165
  • Assessor Parcel Number 542800-071-111-0005-165-903-0000

Community Details

Overview

  • 2 Units

Building Details

  • 2 Separate Gas Meters
  • Operating Expense $3,700
  • Gross Income $13,200

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,523

Year Built

Built in 1900

Lot Details

4,792 Sq Ft Lot

Listing Details

  • Property Sub Type: Multi Family
  • Property Type: Residential
  • Year Built: 1900
  • ResoLaundryFeatures: Washer Hookup
  • Lot Features: Corner Lot
  • Road Frontage Type: Main Thoroughfare
  • Directions: Phelps Street (Rt 14) north of the downtown area to Sisson Street. House is on the corner of Phelps and Sission Streets
  • Architectural Style: Duplex
  • Flooring: Carpet, Ceramic Tile, Hardwood, Varies, Vinyl
  • Unit Levels: Two
  • Year Built Details: Existing
  • Financial Info Electric: Circuit Breakers
  • Special Features: None

Interior Features

  • Appliances: Gas Water Heater
  • Basement: Full
  • Basement YN: Yes
  • Stories: 2
  • Stories: 2

Exterior Features

  • Acres: 0.11
  • Waterfront: No
  • Construction Type: Aluminum Siding, Steel Siding, Copper Plumbing
  • Foundation Details: Block

Garage/Parking

  • Parking Features: Two or More Spaces, Unpaved

Utilities

  • Heating: Gas, Baseboard, Hot Water
  • HeatingYN: Yes
  • Utilities: Cable Available, High Speed Internet Available, Sewer Connected, Water Connected
  • Water Source: Connected, Public

Schools

  • Junior High Dist: Lyons

Lot Info

  • Parcel Number: 542800-071-111-0005-165-903-0000
  • Lot Dimensions: 59X85
  • Lot Size Sq Ft: 4792.0
  • ResoLotSizeUnits: Acres
  • Zoning Description: Residential 2 Unit

Rental Info

  • Tenant Pays: All Utilities

Multi Family

  • Number Of Units In Community: 2
  • Number Of Units Total: 2
  • Annual Gross Income: 13200.0
  • Annual Operating Expense: 3700.0
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2

Tax Info

  • Tax Annual Amount: 2523.0
  • Tax Lot: 165
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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
06/30/2020 06/30/20 Sold $80,000 -19.9% $29 / Sq Ft
05/18/2020 05/18/20 Pending -- -- --
03/03/2020 03/03/20 For Sale $99,900 -- $37 / Sq Ft
Source: Upstate New York Real Estate Information Services (UNYREIS)

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
2025 $3,169 $79,000 $10,100 $68,900
2024 $3,169 $65,700 $2,100 $63,600
2023 $3,226 $65,700 $2,100 $63,600
2022 $2,746 $65,700 $2,100 $63,600
2021 $2,731 $65,700 $2,100 $63,600
2020 $2,550 $65,700 $2,100 $63,600
2019 $2,514 $65,700 $2,100 $63,600
2018 -- $65,700 $2,100 $63,600
2017 -- $65,700 $2,100 $63,600
2016 $2,491 $65,700 $2,100 $63,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Upstate New York Real Estate Information Services (UNYREIS)

MLS Number: R1254557

Upstate New York Real Estate Information Services (UNYREIS)

APN: 542800-071-111-0005-165-903-0000

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