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$138,000   Price Analysis
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416 Bear St
Syracuse, NY 13208
4 bed 2 bath 1,824 SqFt ($75/SqFt)
2,450SqFt lot. Built 1880
Listed 2024-05-16, Taxes $1,317
Ⓧ USDA Ineligible
due to location

near Syracuse

This is part of 8-unit package consisting of four 2-family homes.

* Has Contingent Offer *

They are located in the northside and Hawley Green area. Within proximity to downtown, highway, stores and school. This 2-family residence has two long term tenants.

Separate utilities, furnaces and hot water heaters are all fairly new and in good working conditio n. Downstair has updated kitchen and bathroom. All together there re over 13% cash on cash return. Asking price for the package is $555, 000.


Presented by Susan Li at
Coldwell Banker Prime Properties - Sylvan Beach.
Listing Agent Photo

Property MLS #S1523652 from NYStateAlliance

Bedrooms: 4

Total Bathrooms: 2
Full Bathrooms: 2

GasWaterHeater

Heating Features: Gas, ForcedAir
Heating: Yes

Flooring: Carpet, Laminate, Varies

Basement Description: Full

Deck
Patio And Porch Features: Deck
Road Frontage Type: CityStreet

Lot Description: NearPublicTransit, ResidentialLot
Lot Size Acres: 0.0562443
Lot Size Dimensions: 33X74
Lot Size Square Feet: 2450

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

Association: No
Calculated Total Monthly Association Fees: 0

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

Grant Middle School is a public middle school located approximately 0.6 miles away.
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Webster Elementary School is a public elementary school located approximately 1.2 miles away.
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Cathedral Academy at Pompei is a private elementary school located approximately 0.9 miles away.
directions icon Map directions

Syracuse Academy of Science Charter School is a public elementary, middle and high school located approximately 1.6 miles away.
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Number of Units In Community: 2
Number of Units: 2

Gross Income: 21420
Rent Includes: Water

Annual Tax Amount: 2897
Source Listing Status: ActiveUnderContract
County: Onondaga
Cross Street: Carbon St.
Directions: On Bear St Between Park St & Carbon St.
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: 311500-002-000-0023-006-000-0000
Postal City: Syracuse
Zoning: Residential 2 Unit
Zoning Description: Residential 2 Unit
Property Subtype: MultiFamily
Source System Name: C2C

YearAssessments
Building + Land
Total
Tax
2023$49,300 + $5,700
$55,000
$1,317
2022$49,300 + $5,700
$55,000
$1,315
2021$49,300 + $5,700
$55,000
$331
2020$49,300 + $5,700
$55,000
$1,354
2017$49,300 + $5,700
$55,000
$1,484
2016$49,300 + $5,700
$55,000
$1,307
2015$49,300 + $5,700
$55,000
$1,290
2014$49,300 + $5,700
$55,000
$1,247
2014$49,300 + $5,700
$55,000
$1,298
2013$49,300 + $5,700
$55,000
$2,678
2011$49,300 + $5,700
$55,000
$1,188
2010$49,300 + $5,700
$55,000
$1,219
2009$49,300 + $5,700
$55,000
$2,890

Listed 2024-05-16
$138,000
NYStateAlliance
Price Changed 2024-04-11
$138,000
Syracuse
Listed 2024-03-07
$168,000
Syracuse
Sold 2021-12-27
$87,000
Public Record
Sold 1996-05-31
$46,000
Public Record

Net Operating Income: 16423
Operating Expense: 2100
Operating Expense Includes: Insurance, SnowRemoval, WaterSewer

Total Square Feet Living: 1824
Year Built: 1880
Building Area Source: PublicRecords
Building Area Total: 1824
Construction Materials: WoodSiding, CopperPlumbing
Foundation Details: Stone
Levels: Two
Property Age: 144
Property Condition: Resale
Roof: Asphalt, Shingle
Levels or Stories: 2
Building Total Stories: 2
Year Built Details: Existing
Architectural Style: Duplex

Electric: CircuitBreakers
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.