Chip Hodgkins
Hunt Real Estate ERA
(680) 220-4529
332 Total Sales
4 in Washington Square
$107K - $123K Price Range
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
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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
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Oct 25, 2023
Closed on
Dec 21, 2023
Sold by
Bought by
Seller's Agent
Dante Belmonte
Hunt Real Estate ERA
Buyer's Agent
Itay Sapir
SAP Real Estate Group, LLC
List Price
$229,900
Sold Price
$185,000
Premium/Discount to List
-$44,900
-19.53%
Views
152
Purchase Details
Closed on
Sep 8, 2023
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$121,000
Interest Rate
7.18%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Feb 10, 2021
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$132,250
Interest Rate
2.7%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Washington Square, NY
-
Chip Hodgkins
-
Kimberly Caves
Kimberly Caves
Coldwell Banker Prime Prop,Inc
(315) 640-3193
163 Total Sales
2 in Washington Square
$72,500 Price Range
-
Zachary Johnson
Zachary Johnson
Hunt Real Estate ERA
(315) 766-2324
197 Total Sales
14 in Washington Square
$45K - $131K Price Range
-
Robert Parsley
Robert Parsley
Responds QuicklyHunt Real Estate ERA
(315) 927-1685
109 Total Sales
4 in Washington Square
$75K - $110K Price Range
-
Cheryl St. Fleur
Cheryl St. Fleur
Berkshire Hathaway CNY Realty
(315) 704-5964
47 Total Sales
1 in Washington Square
$105,000 Price
-
Kevin Faatz
Kevin Faatz
Acropolis Realty Group LLC
(315) 640-4696
99 Total Sales
2 in Washington Square
$42,000 Price Range
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| $185,000 | None Available | ||
| $130,000 | None Available | ||
| $183,000 | None Available |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | $121,000 | ||
| Previous Owner | $132,250 | ||
| Previous Owner | $132,250 |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 | $2,257 | $93,000 | $11,900 | $81,100 |
| 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
Seller's Agent in 2024
Dante Belmonte
Hunt Real Estate
(315) 794-1522
19 in this area
381 Total Sales
-
Itay Sapir
Buyer's Agent in 2024
Itay Sapir
SAP Real Estate Group, LLC
(315) 440-4292
5 in this area
90 Total Sales
Map
Source: Central New York Information Services
MLS Number: S1505894
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