$660,000 Price Analysis    ♡   Syracuse, NY 13208 2 bed 2 bath 1,526 SqFt ($432/SqFt) 2,841SqFt lot. Built 1912 Listed 2024-05-16, Taxes $1,132 | Ⓧ USDA Ineligible due to location near Syracuse |
Welcome to a prime investment opportunity offering three buildings.
This property has a total of twelve units spread across 2 two-family homes and 1 open eight-unit complx, presenting a diverse portfolio to investors. Large Eight-Unit Complex: The centerpiece of this investment portfolio is a well-appointed eight-unit complex. From one-bedroom apartments to spacious two-bedroom units, this complex ensures a wide appeal to prospective renters. With twelve units in total, this property presents a significant income-generating opportunity.
Whether you're a seasoned investor looking to expand your portfolio or a newcomer seeking a promising venture, the potential for steady rental income is here. This property enjoys proximity to essential amenities. Its convenient location ensures high demand from prospective tenants, enhancing the long-term value of your investment. Beyond its immediate income potential, this property offers ample room for growth and value appreciation. With strategic renovations or upgrades, you can further maximize rental income and enhance the overall p roperty value, securing a solid return on investment. All units are occupied.
Presented by Jeremy Allen at
Acropolis Realty Group Llc.
Property MLS #S1530876 from NYStateAlliance
Full Bathrooms: 2
Flooring: Carpet, Laminate, Varies, Vinyl
Heating: Yes
Lot Size Acres: 0.0652204
Lot Size Dimensions: 25X113
Lot Size Square Feet: 2841
Parking Features: NoDriveway
Calculated Total Monthly Association Fees: 0
High School District: Syracuse
Middle or Junior School District: Syracuse
Map directions Map directions Map directions Map directionsNumber of Units: 2
Rent Includes: Water
Source Listing Status: Active
County: Onondaga
Cross Street: Butternut
Directions: Follow Lodi St going Northwest. Once crossing Butternut St 1426 Lodi will be on your right.
Source Property Type: Residential
Area: Syracuse City-311500
Source Neighborhood: Syracuse City-311500
Number of Separate Electric Meters: 2
Number of Separate Gas Meters: 2
Owner Pays: Water
Parcel Number: 311500-009-000-0028-016-000-0000
Postal City: Syracuse
Property Subtype: Duplex
Source System Name: C2C
| Year | Assessments Building + Land Total | Tax |
|---|---|---|
| 2023 | $33,600 + $5,400 $39,000 | $1,132 |
| 2022 | $33,600 + $5,400 $39,000 | $1,137 |
| 2021 | $33,600 + $5,400 $39,000 | $285 |
| 2020 | $19,600 + $5,400 $25,000 | $986 |
| 2017 | $19,600 + $5,400 $25,000 | $681 |
| 2016 | $19,600 + $5,400 $25,000 | $933 |
| 2015 | $19,600 + $5,400 $25,000 | $926 |
| 2014 | $19,600 + $5,400 $25,000 | $888 |
| 2014 | $19,600 + $5,400 $25,000 | $930 |
| 2013 | $19,600 + $5,400 $25,000 | $1,525 |
| 2011 | $19,600 + $5,400 $25,000 | $819 |
| 2010 | $19,600 + $5,400 $25,000 | $823 |
| 2009 | $19,600 + $5,400 $25,000 | $1,671 |
$660,000
NYStateAlliance
Listed 2024-05-16
$680,000
NYStateAlliance
Price Changed 2024-04-29
$680,000
Syracuse
Listed 2024-04-12
$720,000
Syracuse
Listing removed 2010-07-13
$70,000
Syracuse
Listed 2010-01-09
$70,000
Syracuse
Sold 2003-01-31
$65,000
Public Record
Sold 1997-08-06
$55,500
Public Record
Year Built: 1912
Building Area Source: PublicRecords
Building Area Total: 1526
Construction Materials: VinylSiding
Foundation Details: Block
Levels: Two
Property Age: 112
Property Condition: Resale
Roof: Asphalt
Levels or Stories: 2
Building Total Stories: 2
Structure Type: Duplex
Year Built Details: Existing
Architectural Style: Duplex
Sewer: Connected
SewerConnected
WaterConnected
Water Source: Connected, Public
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.