$638,999

Estimated payment $4,687/month

Total Views 131,388
11 Beds
-- Bath
7,966 Sq Ft
$80 Price per Sq Ft

Highlights

  • Very Popular Property
  • Wood Flooring
  • 4-minute walk to Union Park
  • Property is near public transit
  • Baseboard Heating

About This Home

Attention all investors! Amazing sun-drenched corner lot that showcases an 11 unit building in which each unit includes a large one-bedroom. Most of the units have been updated w/3 new kitchens & 3 new bathrooms. Improvements include a new roof with new plywood and new shingles. All new luxury vinyl plank flooring in all common area hallways. There is a one-car garage and a driveway for 2 cars. Fully rented, you are looking at $11,880 monthly gross rental income. Building is conveniently located near Little Italy within proximity to stores, parks, restaurants, highway, downtown and school. Tenants pay their own utilities (heat & electric). There is a 14.5% cash on cash return. Turn key operation and ready for new owners.

Listing Agent

Susan Li

Listing by Coldwell Banker Prime Prop,Inc Brokerage Phone: 315-446-2910 License #30LI0956504 Listed on: 07/08/2025

Coldwell Banker Prime Prop,Inc

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $14,460

Year Built

  • Built in 1940

Lot Details

  • 6,600 Sq Ft Lot
  • Lot Dimensions are 50x132
  • Irregular Lot

Home Design

  • Aluminum Siding
  • Copper Plumbing

Interior Spaces

  • 11 Bedrooms
  • 7,966 Sq Ft Home
  • 3-Story Property
  • Basement Fills Entire Space Under The House

Kitchen

  • Electric Oven
  • Electric Cooktop

Flooring

  • Wood
  • Vinyl

Parking

  • No Garage
  • Driveway

Location

  • Property is near public transit

Utilities

  • Heating System Uses Gas
  • Baseboard Heating
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 16
  • Assessor Parcel Number 311500-007-000-0012-016-000-0000

Community Details

Overview

  • 11 Units

Building Details

  • 1 Separate Gas Meter
  • Operating Expense $13,600
  • Gross Income $120,720

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$14,460

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Property Sub Type: Other
  • Property Type: Multi Family
  • Rent Includes: Common Area Maintenance, Snow Removal, Water
  • Year Built: 1940
  • Attribution Contact: 315-446-2910
  • Lot Features: Irregular Lot, Near Public Transit, Residential Lot
  • Road Frontage Type: City Street
  • Directions: From N Salina St to Danforth St. in the corner of N Alvord St.
  • Flooring: Hardwood, Varies, Vinyl
  • Garage Yn: No
  • Year Built Details: Existing
  • Financial Info Electric: Circuit Breakers
  • Property Sub Type Additional: Other
  • Special Features: VirtualTour

Interior Features

  • Appliances: Electric Cooktop, Electric Oven, Electric Range, Electric Water Heater, Refrigerator
  • Basement: Full
  • Basement YN: Yes
  • Total Bedrooms: 11
  • Stories: 3
  • Stories: 3

Exterior Features

  • Acres: 0.1515
  • Waterfront: No
  • Construction Type: Aluminum Siding, Copper Plumbing
  • Exterior Features: Blacktop Driveway

Garage/Parking

  • Parking Features: One Space, No Garage

Utilities

  • Heating: Electric, Gas, Baseboard
  • HeatingYN: Yes
  • Utilities: Cable Available, Sewer Connected, Water Connected
  • Water Source: Connected, Public

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Junior High Dist: Syracuse

Lot Info

  • Parcel Number: 311500-007-000-0012-016-000-0000
  • Lot Dimensions: 50X132
  • Lot Size Sq Ft: 6600.0
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units Total: 11
  • Annual Gross Income: 120720.0
  • Annual Operating Expense: 13600.0
  • Number Of Separate Electric Meters: 11
  • Number Of Separate Gas Meters: 1

Tax Info

  • Tax Annual Amount: 14460.0
  • Tax Lot: 16
  • Tax Other Annual Assessment Amount: 640.0

Map

Range of Values:

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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 Change Sq Ft Price
07/08/2025 07/08/25 For Sale $638,999 0.0% $80 / Sq Ft
05/20/2024 05/20/24 Price Changed $900 0.0% $1 / Sq Ft
05/16/2024 05/16/24 For Rent $900 0.0% --
07/27/2023 07/27/23 Sold $410,000 +2.8% $51 / Sq Ft
07/05/2023 07/05/23 Pending -- -- --
07/05/2023 07/05/23 Price Changed $399,000 0.0% $50 / Sq Ft
07/05/2023 07/05/23 For Sale $399,000 0.0% $50 / Sq Ft
07/03/2023 07/03/23 For Sale $399,000 0.0% $50 / Sq Ft
01/25/2023 01/25/23 Pending -- -- --
11/29/2022 11/29/22 For Sale $399,000 +50.6% $50 / Sq Ft
08/08/2016 08/08/16 Sold $265,000 -5.4% $33 / Sq Ft
05/19/2016 05/19/16 Pending -- -- --
05/19/2016 05/19/16 For Sale $280,000 -- $35 / Sq Ft
Source: Central New York Information Services

About the Listing Agent

Susan Li

Listing by Coldwell Banker Prime Prop,Inc

(315) 563-3829

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I grew up in Onondaga County and in 1985, I graduated from Syracuse University and have lived in Chicago, New York City & New Jersey. In 1994, I came home to Syracuse and am a long time resident of Camillus. I moved to Manlius in 2002. I am considered by my clients to be an expert in the area. Give me a call and I will deliver the premier service you deserve.

Susan's Other Listings

  • 1605 Park St, Syracuse, NY 13208

    $169,900 Pending

    • 7 Beds
    • 2 Baths
    • 2,112 Sq Ft
    • 1605 Park St
    • Syracuse, NY

    Spacious 2-family with 3-bedroom on the first floor and 4-bedroom on the second unit. Open porch, new floorings, updated kitchens, bathrooms, furnaces and hot water heaters are all in good working condition. Separate utilities and each unit pays their own. Property is in good shape and ready for new tenants to move in. Solid investment opportunity!

    Susan Li Coldwell Banker Prime Prop,Inc

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  • 827 Park St, Syracuse, NY 13208

    $1,595,000

    • 12 Beds
    • 7,446 Sq Ft
    • 827 Park St
    • Syracuse, NY

    One of a kind upscale 12 unit apartment building with 1 bedroom each and tenants pay their own utilities. Property has been beautifully remodeled including new windows, electrical circuit breakers, 12 new kitchens, 12 new bathrooms, new flooring, new appliances and newly paved driveway. Sold as a package with 600 South Ave. for $1,595,000.

    Susan Li Coldwell Banker Prime Prop,Inc

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  • 1027 Highland St Unit 29, Syracuse, NY 13203

    $720,000 Pending

    • 9 Beds
    • 7,275 Sq Ft
    • 1027 Highland St
    • Unit 29
    • Syracuse, NY

    Within walking distance to Schiller Park, downtown & stores, this 9-unit well kept, walk up garden apartment consists of 3 one-bedroom & 6 two-bedrooms. Most of the units have been updated and each apartment has a parking spot. Upper apartments have sliding glass door out to balcony area. There is a 2-car garage, on-site coin-op laundry area and two boiler systems. Landlord is absorbing the

    Susan Li Coldwell Banker Prime Prop,Inc

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  • 517 N Geddes St Unit 19, Syracuse, NY 13204

    $96,500

    • 6 Beds
    • 2 Baths
    • 2,670 Sq Ft
    • 517 N Geddes St
    • Unit 19
    • Syracuse, NY

    Part of a 6 property, 16 unit package that includes 1864 Bellevue St., 314 Grant Ave., 313 Liberty St., 517 Geddes St., 308 Erie St. and 290 W. Seneca Tpke. Package is listed for $935,000. Don't judge the book by it's cover. It shows well inside with long term tenants. Two new furnaces and hot water heaters. Separate utilities and within walking distance to gas station, stores and conveniently

    Susan Li Coldwell Banker Prime Prop,Inc

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  • 313 Liberty St, Syracuse, NY 13204

    $236,500

    • 7 Beds
    • 4 Baths
    • 7,123 Sq Ft
    • 313 Liberty St
    • Syracuse, NY

    Stunning Spanish influenced Hacienda features tile roof and this beautiful spacious home has the character and charm of Meditterean villa. This 4-unit home features one 1-bedroom, 3 two-bedroom. House has many updates and currently 100% occupancy. Tenants on premises and require 48 hours notice. Part of a 6 properties, 16-unit package that includes 1864 Bellevue St., 314 Grant Ave., 313 Liberty

    Susan Li Coldwell Banker Prime Prop,Inc

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  • 313 Garden City Dr, Syracuse, NY 13211

    $145,000

    • 3 Beds
    • 2 Baths
    • 1,518 Sq Ft
    • 313 Garden City Dr
    • Syracuse, NY

    Expect to be impressed with this 2-family home in Mattydale. House has good bones and 2-car garage. Currently the front of the house has 2-bedrooms and 1 full bath. Great kitchen & updated bathroom. It has an enclosed porch, living room, dining room and an eat-in kitchen. Back of the house has 1 bedroom, 1 full bath w/dine-in kitchen. Two separate utilities and tenants are all good

    Susan Li Coldwell Banker Prime Prop,Inc

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  • 308 Erie St, Syracuse, NY 13204

    $87,500

    • 4 Beds
    • 2 Baths
    • 2,528 Sq Ft
    • 308 Erie St
    • Syracuse, NY

    Tenants on premises and require 48 hours notice. Part of a 6 properties, 16-unit package that includes 1864 Bellevue St., 314 Grant Ave., 313 Liberty St., 517 Geddes St., 308 Erie St. and 290 W. Seneca Tpke. Package is listed for $935,000. Rents are on the low side for long term tenants, there are upside growth potential and it's worth the return of investment.

    Susan Li Coldwell Banker Prime Prop,Inc

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  • 108 Onondaga Ave, Syracuse, NY 13204

    $52,000

    • 7 Beds
    • 4 Baths
    • 4,352 Sq Ft
    • 108 Onondaga Ave
    • Syracuse, NY

    Looking for fixer upper, contractors, flippers and investors please! This 4-unit home is screaming for tender loving care and will need total renovation. There is one unit of studio, two units of 2-bedroom, one unit of 3-bedroom. It will need major work but Onondaga St is getting a lot of attention from the City and investors. If you can spend the time, sweat equities and imagination, you can

    Susan Li Coldwell Banker Prime Prop,Inc

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  • 1613 Burnet Ave, Syracuse, NY 13206

    $139,900

    • 3 Beds
    • 1 Bath
    • 836 Sq Ft
    • 1613 Burnet Ave
    • Syracuse, NY

    Adorable updated walkup bungalow with 3 bedrooms & 1 full bath in the Eastwood area within proximity to restaurants, stores & bus line. It has a long driveway to accommodate more than 2 cars. There is a shed in the backyard. House has been totally renovated with replacement windows throughout, new luxury vinyl plank floorings all over. This home has been freshly painted throughout. Bright and

    Susan Li Coldwell Banker Prime Prop,Inc

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Source: Central New York Information Services

MLS Number: S1613490

Central New York Information Services