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$84,500   Price Analysis
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606 W Newell St Unit 8
Syracuse, NY 13205
6 bed 2 bath 2,256 SqFt ($37/SqFt)
5,280SqFt lot. Built 1925
Listed 2024-05-16, Taxes $1,085
Ⓧ USDA Ineligible
due to location

near Syracuse

With two separate units

* Sale Pending *

This prop erty provides the advantage of dual income streams, ensuring financial stability and maximizing your investment returns. Each unit offers ample living space, 3 bedrooms and private entrances, providing flexibility for various living arrangements. Whether accommodating tenants, extended family members or utilizing one unit as an incme-generating rental, this property adapts to diverse needs.

Investors can rest assured knowing that regular upkeep and proactive management add to the property's long-term value and appeal. With the steady demand for rental housing in the area and the potential for rental income growth, this property represents a sound investment opportunity with the promise of attractive returns and appreciation over time.


Presented by Jeremy Allen at
Acropolis Realty Group Llc.
Listing Agent Photo

Property MLS #S1523153 from NYStateAlliance

Bedrooms: 6

Total Bathrooms: 2
Full Bathrooms: 2

GasWaterHeater

Heating Features: Gas, ForcedAir
Heating: Yes

Flooring: Hardwood, Laminate, Tile, Varies

Basement Description: Full

Lot Description: NearPublicTransit, Rectangular, ResidentialLot
Lot Size Acres: 0.1212121
Lot Size Dimensions: 40X132
Lot Size Square Feet: 5280

Road Frontage Type: CityStreet

Garage Spaces: 2
Garage Description: Paved, TwoorMoreSpaces
Parking Features: Paved, TwoorMoreSpaces

Association: No
Calculated Total Monthly Association Fees: 0

Elementary School District: Syracuse
High School District: Syracuse
Middle or Junior School District: Syracuse

Danforth Middle School is a public middle school located approximately 0.3 miles away.
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Mckinley Brighton Elementary School is a public elementary school located approximately 0.6 miles away.
directions icon Map directions

Corcoran High School is a public high school located approximately 0.9 miles away.
directions icon Map directions

All Sts. Junior High School is a private middle school located approximately 0.3 miles away.
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Number of Units In Community: 2
Number of Units: 2

Gross Income: 20220
Rent Includes: Gardener, Water

Annual Tax Amount: 2094
Source Listing Status: Pending
County: Onondaga
Cross Street: Baldwin Ave
Directions: Follow Valley Dr. going north. Take a right on W Newell and 606 W Newell 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: GroundsCare, Water
Parcel Number: 311500-075-000-0004-008-000-0000
Postal City: Syracuse
Property Subtype: MultiFamily
Source System Name: C2C

YearAssessments
Building + Land
Total
Tax
2023$31,800 + $3,200
$35,000
$1,085
2022$31,800 + $3,200
$35,000
$1,093
2021$31,800 + $3,200
$35,000
$273
2020$31,800 + $3,200
$35,000
$1,109
2017$31,800 + $3,200
$35,000
$957
2016$31,800 + $3,200
$35,000
$1,058
2015$31,800 + $3,200
$35,000
$1,047
2014$31,800 + $3,200
$35,000
$1,008
2014$31,800 + $3,200
$35,000
$1,052
2013$31,800 + $3,200
$35,000
$1,919
2011$31,800 + $3,200
$35,000
$942
2010$31,800 + $3,200
$35,000
$955
2009$31,800 + $3,200
$35,000
$2,141

Listed 2024-05-16
$84,500
NYStateAlliance
Listing removed 2013-09-23
$47,000
Syracuse
Listing removed 2013-09-23
$47,000
NYStateAlliance
Listed 2012-09-22
$47,000
NYStateAlliance
Listed 2012-09-22
$47,000
Syracuse
Sold 2008-11-21
$42,000
Public Record

Net Operating Income: 15302
Operating Expense: 2824
Operating Expense Includes: WaterSewer

Total Square Feet Living: 2256
Year Built: 1925
Building Area Source: PublicRecords
Building Area Total: 2256
Construction Materials: VinylSiding
Levels: Two
Property Age: 99
Property Condition: Resale
Roof: Asphalt
Levels or Stories: 2
Building Total Stories: 2
Year Built Details: Existing

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.