Seller's Agent in 2024
Dante Belmonte
Hunt Real Estate
(315) 794-1522
19 in this area
370 Total Sales
901 Danforth St Syracuse, NY 13208
Washington Square Neighborhood
5
Beds
--
Bath
3,893
Sq Ft
3,960
Sq Ft Lot
Highlights
- Forced Air Heating System
- 1 Car Garage
- Vinyl Flooring
About This Home
As of January 2024Rare opportunity to own a cash flowing 5-unit apartment building on a nice corner lot. All units are 1 bedroom, 1 bathroom and have their own electric meter, gas meter and hot water tank. Units 1, 3 & 5 share a furnace. Unit 2 & 4 have their own furnace. 1 unit is vacant (unit 4), renovated and ready for a tenant but has been left vacant for showing purposes. There is a hardwired some detector system throughout the entire building. This property also has a 6th gas and electric house meter for common areas and the one shared furnace. Property manager would like to continue to manage this asset after closing since it is so easy to manage if you need a property manager. Electrical boxes in pictures are fuses but are being changed out to updated circuit breakers. Each unit is on its own electric meter. Seller pays all electric but bills can easily be put in the tenants names. Please reach out for financials to show all rents and expenses.
Last Agent to Sell the Property
Listing by Hunt Real Estate ERA License #10401323828 Listed on: 10/25/2023
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $6,311
Year Built
- Built in 1940
Lot Details
- 3,960 Sq Ft Lot
- Lot Dimensions are 60x66
Parking
- 1 Car Garage
- Driveway
Home Design
- Vinyl Siding
Interior Spaces
- 5 Bedrooms
- 3,893 Sq Ft Home
- 3-Story Property
- Vinyl Flooring
- Basement Fills Entire Space Under The House
Kitchen
- Gas Oven
- Gas Range
Utilities
- Forced Air Heating System
- Heating System Uses Gas
- Gas Water Heater
Listing and Financial Details
- Rent includes water
- Tax Lot 21
- Assessor Parcel Number 311500-006-000-0018-021-000-0000
Community Details
Overview
- 5 Units
Building Details
- 5 Separate Gas Meters
- Operating Expense $17,411
- Gross Income $40,185
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Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 01/25/2024 01/25/24 | Sold | $185,000 | -11.9% | $48 / Sq Ft |
| 11/07/2023 11/07/23 | Price Changed | $209,900 | -8.7% | $54 / Sq Ft |
| 10/25/2023 10/25/23 | For Sale | $229,900 | -- | $59 / 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 | $2,708 | $93,000 | $11,900 | $81,100 |
| 2023 | $2,721 | $93,000 | $11,900 | $81,100 |
| 2022 | $2,794 | $93,000 | $11,900 | $81,100 |
| 2021 | $2,794 | $93,000 | $11,900 | $81,100 |
| 2020 | $2,706 | $82,100 | $11,900 | $70,200 |
| 2019 | $2,681 | $82,100 | $11,900 | $70,200 |
| 2018 | $2,681 | $82,100 | $11,900 | $70,200 |
| 2017 | $2,554 | $82,100 | $11,900 | $70,200 |
| 2016 | $2,579 | $82,100 | $11,900 | $70,200 |
| 2015 | -- | $82,100 | $11,900 | $70,200 |
| 2014 | -- | $82,100 | $11,900 | $70,200 |
Source: Public Records
Agents Affiliated with this Home
-
Dante Belmonte
-
Itay Sapir
Buyer's Agent in 2024
Itay Sapir
SAP Real Estate Group, LLC
(315) 440-4292
5 in this area
89 Total Sales
Map
Source: Central New York Information Services
MLS Number: S1505894
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