Seller's Agent in 2024
Susan Li
Coldwell Banker Prime Prop,Inc
(315) 278-7860
1 in this area
193 Total Sales
5
Beds
--
Bath
5,512
Sq Ft
0.28
Acres
Highlights
- Property is near public transit
- 1 Car Garage
- Heating Available
- Wood Flooring
- Wood Siding
About This Home
As of February 2024Great investment property with 5 units rented with long term tenants. There is a municipal electric for the village of Ilion and tenants pay their own utilities. Property is well maintained and has a 6 car garage in back parking lot. Each unit has a washer and dryer included as well as an electric oven-stove and refrigerator. 20 minutes from Utica and the thruway. Turn key operation and a great property with upside potential. Owners have owned it for over 30 years and are ready to sell. $2625/month rental income and a great return of profit margin. Grow your investment portfolio and a better use of your money to hedge against inflation. There is an updated Certificate of Compliance in place.
Last Agent to Sell the Property
Listing by Coldwell Banker Prime Prop,Inc Brokerage Phone: 315-446-2910 License #30LI0956504 Listed on: 03/09/2023
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $4,841
Year Built
- Built in 1900
Lot Details
- 0.28 Acre Lot
- Lot Dimensions are 56x220
Parking
- 1 Car Garage
- Driveway
Home Design
- Wood Siding
- Copper Plumbing
Interior Spaces
- 5 Bedrooms
- 5,512 Sq Ft Home
- 2-Story Property
- Wood Flooring
- Basement Fills Entire Space Under The House
Kitchen
- Electric Oven
- Electric Range
Laundry
- Dryer
- Washer
Location
- Property is near public transit
Utilities
- Heating Available
- Gas Water Heater
- Cable TV Available
Listing and Financial Details
- Rent includes water
- Tax Lot 71
- Assessor Parcel Number 212801-119-052-0003-071-000-0000
Community Details
Overview
- 5 Units
Building Details
- Operating Expense $2,900
- Gross Income $26,820
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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 |
|---|---|---|---|---|
| 02/28/2024 02/28/24 | Sold | $135,000 | -3.6% | $24 / Sq Ft |
| 12/28/2023 12/28/23 | Pending | -- | -- | -- |
| 03/09/2023 03/09/23 | For Sale | $140,000 | -- | $25 / Sq Ft |
Source: Central New York Information Services
Tax History Compared to Growth
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 | $4,941 | $75,500 | $8,400 | $67,100 |
| 2023 | $4,935 | $75,500 | $8,400 | $67,100 |
| 2022 | $4,841 | $75,500 | $8,400 | $67,100 |
| 2021 | $4,820 | $75,500 | $8,400 | $67,100 |
| 2020 | $4,677 | $75,500 | $8,400 | $67,100 |
| 2019 | $2,050 | $75,500 | $8,400 | $67,100 |
| 2018 | $4,664 | $75,500 | $8,400 | $67,100 |
| 2017 | $4,588 | $75,500 | $8,400 | $67,100 |
| 2016 | $4,482 | $75,500 | $8,400 | $67,100 |
| 2015 | -- | $75,500 | $8,400 | $67,100 |
| 2014 | -- | $75,500 | $8,400 | $67,100 |
Source: Public Records
Agents Affiliated with this Home
-
Susan Li
-
Feidy Miner
Buyer's Agent in 2024
Feidy Miner
Miner Realty & Prop Management
(315) 542-6480
4 in this area
65 Total Sales
Map
Source: Central New York Information Services
MLS Number: S1458936
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