NOT LISTED FOR SALE

Estimated Value: $134,000 - $167,994

6 Beds
2 Baths
2,424 Sq Ft
$59/Sq Ft Est. Value

Last Sold October 30, 2023

Last sale price $150,000 $62 Per Sq Ft

Est. 5% decrease in value since last sale

Current estimated payment $1,013/month

19 Days on Market

Highlights

  • Wood Flooring
  • Fenced Yard
  • Forced Air Cooling System
  • Full Attic
  • Woodwork
  • Property is near a bus stop

About This Home

As of October 2023

Introducing an exceptional investment opportunity in the heart of East Utica, a two-family home that promises both comfort and potential returns. This spacious property boasts a desirable location close to downtown amenities, ensuring convenience and easy access to a plethora of attractions. With three bedrooms on each floor and a bonus room in the attic, this home offers ample living space for families or tenants seeking a comfortable and versatile living arrangement. The property's versatile layout allows for the potential to generate rental income while maintaining a cozy residence. Its proximity to downtown amenities ensures a vibrant lifestyle, with shops, restaurants, and entertainment venues just a stone's throw away. Whether you're an astute investor or looking to establish a home in a prime location, this East Utica two-family home offers the perfect blend of convenience, spaciousness, and investment potential. Don't miss the chance to secure a property that combines the best of both worlds in one enticing package.

Last Agent to Sell the Property

Michele Martinez

Listing by Coldwell Banker Prime Properties License #10401325998 Listed on: 05/17/2023

Coldwell Banker Prime Properties

Last Buyer's Agent

Michele Martinez

Listing by Coldwell Banker Prime Properties License #10401325998 Listed on: 05/17/2023

Coldwell Banker Prime Properties

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,938

Year Built

  • Built in 1920

Lot Details

  • 4,640 Sq Ft Lot
  • Lot Dimensions are 116 x 40
  • Fenced Yard
  • Rectangular Lot

Parking

  • On-Street Parking

Home Design

  • Block Foundation
  • Asphalt Roof

Interior Spaces

  • 2,424 Sq Ft Home
  • 2-Story Property
  • Woodwork
  • Ceiling Fan
  • Basement Fills Entire Space Under The House
  • Full Attic

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 2 Full Bathrooms

Location

  • Property is near a bus stop

Utilities

  • Forced Air Cooling System
  • Multiple Heating Units
  • Heating System Uses Gas
  • Gas Water Heater
  • Cable TV Available

Listing and Financial Details

  • Rent includes water
  • Tax Lot 1
  • Assessor Parcel Number 301600-319-062-0001-001-000-0000
  • $200 special tax assessment

Community Details

Overview

  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • Operating Expense $7,500
  • Gross Income $6,900

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,938

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Annual Operating Expenses: 7500
  • Annual Special Assessment: 200
  • NY Swis Code: Utica-City-301600
  • Total Assessed Value: 40500
  • Foundation Description: Block
  • Gross Annual Income: 6900
  • Listing Type: Exclusive Right To Sell
  • Lot Dimension Depth: 116
  • Lot Dimension Front: 40
  • Lot Information: Near Bus Line, Neighborhood Street
  • Lot Number: 1
  • Lot Shape: Rectangular
  • Nearest Cross Street: Albany
  • Number of Stories: 2.0000
  • Property Type: Multi-Family Res (2-4) units
  • Ratio Close Price By Acres: 1408450.70
  • Ratio Close Price By Sq Ft: 61.88
  • Ratio List Price By Acres: 1360563.38
  • Ratio List Price By Sq Ft: 59.78
  • Regional Board Code: Syracuse
  • Rent Includes: Water
  • Roof Description: Asphalt
  • School Tax: 1098
  • Sub Board Code: Mohawk Valley
  • Type of Residence: 2 Unit, Upper/Lower
  • Type of Sale: Normal
  • Year Built Description: Existing
  • Lot Sq Ft: 4640
  • Age of Building: 103
  • Year Built: 1920
  • Above Grade Finished Sq Ft: 2424
  • Directions To Property: Heading North on Mohawk Street, turn left on to Elizabeth Street. The house will be on your right.
  • Sq Ft Total Pub: 2424
  • EnergyEquipment: None
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2
  • Year Built: 1920

Interior Features

  • Full Bathrooms: 2
  • Additional Interior Features: Ceiling Fan, Circuit Breakers - Some, Natural Woodwork - some
  • Attic Description: Full, Partially Finished, Stair Access
  • Basement Description: Full
  • Floor Description: Hardwood-Some, Vinyl-Some
  • Total Bathrooms: 2.00
  • Total Bedrooms: 6
  • Total Sq Ft: 2424

Exterior Features

  • Construction: Wood
  • Additional Exterior Features: Cable TV Available, Fully Fenced Yard, Wood Screens/Storms-some
  • Number of Acres: 0.1065

Garage/Parking

  • Number of Electric Meters: 2
  • Parking Driveway: 2 or More Spaces, Blacktop, Street

Utilities

  • Heating Fuel Description: Gas
  • Hvac Type: Forced Air
  • Number of Gas Meters: 2
  • Number of Heating Units: 2
  • Separate Utilities: Electricity, Gas, Heat, Water
  • Sewer Description: Sewer Connected
  • Water Heater Fuel: Gas

Schools

  • School District: Utica

Lot Info

  • Parcel Number: 301600-319-062-0001-001-000-0000

Rental Info

  • Certificate of Occupancy: Negotiable

Multi Family

  • Total Number Of Apartments: 2

Tax Info

  • Total Taxes: 2938

MLS Schools

  • School District Name: Utica

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Pe Ah $156,120
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/30/2023 10/30/23 Sold $150,000 +3.5% $62 / Sq Ft
05/17/2023 05/17/23 For Sale $144,900 -- $60 / Sq Ft
Source: Mid New York Regional MLS

Tax History Compared to Growth

Source: Public Records

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 $2,885 $40,500 $6,200 $34,300
2023 $1,086 $40,500 $6,200 $34,300
2022 $1,643 $40,500 $6,200 $34,300
2021 $1,634 $40,500 $6,200 $34,300
2020 $1,602 $40,500 $6,200 $34,300
2019 $487 $40,500 $6,200 $34,300
2018 $1,607 $40,500 $6,200 $34,300
2017 $1,572 $40,500 $6,200 $34,300
2016 $2,152 $40,500 $6,200 $34,300
2015 -- $40,500 $6,200 $34,300
2014 -- $40,500 $6,200 $34,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Mid New York Regional MLS

MLS Number: S1471743

Mid New York Regional MLS

APN: 319-062-0001-001-000-0000