RENTED FOR 2019-2020 - moneymaker from day one. University Two Family Rental. Superb location. Big units, plenty of parking, close to campus. Great income, and a great area of high rental demand. Very strong numbers- excellent investment!
Listing by Hunt Real Estate ERALicense #10401313850
Property Details
Home Type
Multi-Family
Est. Annual Taxes
$7,796
Year Built
Built in 1925
Lot Details
5,316 Sq Ft Lot
Lot Dimensions are 132 x 40
Home Design
Block Foundation
Interior Spaces
3,274 Sq Ft Home
2.5-Story Property
Basement Fills Entire Space Under The House
Partial Attic
Dishwasher
Flooring
Wood
Ceramic Tile
Laundry
Dryer
Washer
Location
Property is near a bus stop
Utilities
Forced Air Cooling System
Multiple Heating Units
Heating System Uses Gas
Gas Water Heater
Listing and Financial Details
Rent includes lawn maintenance, no utilities, refuse removal
Tax Lot 5
Assessor Parcel Number 311500-052-000-0011-005-000-0000
Community Details
Overview
2 Units
Building Details
2 Separate Electric Meters
2 Separate Gas Meters
Operating Expense $17,662
Gross Income $59,400
Property Details
Home Type
Multi-Family
Est. Annual Taxes
$7,796
Year Built
Built in 1925
Lot Details
0
Listing Details
Annual Operating Expenses: 17662
NY Swis Code: Syracuse City-311500
Total Assessed Value: 152000
Foundation Description: Block
Gross Annual Income: 59400
Listing Type: Exclusive Right To Sell
Lot Dimension Depth: 132
Lot Dimension Front: 40
Lot Information: Near Bus Line, Neighborhood Street
Lot Number: 5
Nearest Cross Street: Euclid
Number of Stories: 2.5000
Property Type: Multi-Family Res (2-4) units
Ratio Close Price By Acres: 2704918.03
Ratio Close Price By Sq Ft: 100.79
Ratio List Price By Acres: 2990983.61
Ratio List Price By Sq Ft: 111.45
Regional Board Code: Syracuse
Rent Includes: Lawn Maintenance, No Utilities, Refuse Removal
School Tax: 3343
Sub Board Code: Syracuse
Type of Sale: Normal
Year Built Description: Existing
Lot Sq Ft: 5316
Ad Headline: UNIVERSITY 2 FAMILY
Age of Building: 97
Year Built: 1925
Directions To Property: Heading East on East Genesee Street, take a right onto Westcott Street. Right onto Euclid Av. Left onto Ackerman Av., house will be on your right.
Expect to be impressed with this spectacular, spacious 2-unit with finished attic for an in-law en-suite. Not your average home as it has gone through total make over from top to bottom. Roof is about 4 years old, new replacement windows throughout. Hardwood floors have been sanded and polished. Bathrooms have been totally gutted with new tiles, new glass doors, new pedestal vanities, new
TURN KEY INVESTMENT PROPERTY, START TO COLLECT RENTS RIGHT AFTER CLOSING. LEASE EXPIRATION 7/2026. LOCATION...LOCATION...LOCATION...is what makes this place the perfect place for an investor or owner-occupant buyer. This well-maintained multi-family that features 2 units, public records, state 6 bedrooms but the current use has a total of 8 beds, three full baths, an eat-in kitchen, and a
TURN KEY INVESTMENT PROPERTU, START TO COLLECT RENTS RIGHT AFTER CLOSING, LEASE EXPIRATION 7/17/2026 FOR FIRST FLOOR UNIT AND 7/17/2025 FOR SECOND FLOOR UNIT. LOCATION...LOCATION...LOCATION...If you are looking for an investment property, this is the perfect one! This well-maintained multi-family that features 2 units, total of eight (8) beds, three (3) full bath, an eat-in kitchen, and a
Lovely three unit stucco building which has had many updates. Newer appliances, some refinished floors. Close to downtown, shopping and university. Vintage charm and character. Newer windows. Full basement. Two car garage and offset parking to the side. Potential for owner occupancy.
Well producing 4 unit in the Valley. House has 4 units with established tenants with rents at $4175/month that have room to grow. The house has a brand new roof and many updates. There is off street parking and a fenced yard! A perfect add for your rental portfolio.
Great opportunity to own a 4 unit apartment building in the Eastwood neighborhood! Each unit consists of 2 bedrooms, 1 full bathroom, kitchen, living room, dining room , porch and plenty of closet space! 3 of the 4 units are vacant. The occupied unit (top right) is on a month to month lease paying $750/month, full self-pay. The 3 vacant units will be completely cleared out by closing. Each unit
Collateral Analytics
Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.
Not Available
Collateral Analytics does not have data for the current month. Please view the chart for historical values.
ICE
ICE Mortgage Technology
ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.
Not Available
ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.
First American
First American
First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.
Not Available
First American does not have data for the current month. Please view the chart for historical values.
Quantarium
Quantarium
Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.
Not Available
Quantarium does not have data for the current month. Please view the chart for historical values.
Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Source: Public Records
Average Home Value in this Area
Source: Public Records
Purchase History
Date
Buyer
Sale Price
Title Company
Chen Realty Ny Llc
--
None Available
Chen Realty Ny Llc
--
None Available
Chen James
$330,000
None Available
Tpm-2014-3 Llc
--
Peter Badera
Tupper Joseph
$275,000
Peter J Badera
--
--
--
Inc N J Traino
$90,000
--
--
--
--
Source: Public Records
Mortgage History
Date
Status
Borrower
Loan Amount
Open
Kenyon Peter R
$103,000
Previous Owner
Chen James
$247,500
Previous Owner
Chen James
$247,500
Source: Public Records
Property History
Date
Event
Price
Change
Sq Ft Price
02/03/202002/03/20
Sold
$330,000
-9.6%
$101 / Sq Ft
10/24/201910/24/19
Pending
--
--
--
08/19/201908/19/19
Price Changed
$364,900
0.0%
$111 / Sq Ft
08/05/201908/05/19
Price Changed
$365,000
0.0%
$111 / Sq Ft
08/05/201908/05/19
For Sale
$365,000
-12.0%
$111 / Sq Ft
10/24/201810/24/18
Pending
--
--
--
09/23/201809/23/18
For Sale
$415,000
--
$127 / Sq Ft
Source: Central New York Information Services
Tax History Compared to Growth
Source: Public Records
Tax History
Year
Tax Paid
Tax AssessmentTax 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.
This home is located at 916 Ackerman Ave Unit 18, Syracuse, NY 13210 since 23 September 2018 and is currently estimated at $446,127, approximately $136 per square foot. This property was built in 1925. 916 Ackerman Ave Unit 18 is a home located in Onondaga County with nearby schools including Edward Smith School PTO, Nottingham High School, and Montessori School Of Syracuse.
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
