$2,300,000 Price Analysis   ♡   Syracuse, NY 13224 7 bed None bath 17,760 SqFt ($129/SqFt) 1.03 acre lot. Built 1960 Listed 2024-08-06, Taxes $4,741 | Ⓧ USDA Ineligible due to price & location near Syracuse |
RARE 42-unit apartment building.
* Has Contingent Offer *Main building - 32 units all efficiency/studios @ $600/month. Building directly west is 9 units - 6 units are 1 bed and 3 units are efficiency/studios from $600-$900/month. 2 bedroom SFR on property included and rented $1, 050/month. Entire property parking area freshly paved and striped with +-35 spots. Main building - 8 year roof with new trusses & OSB decking with 30 year asphalt shingle. 9 unit building has rolled roof. Main building has electric panel/meter f or each unit, tenants pay own electrical.
Heating in each unit is electric. 2 new large hot water tanks run hot water for all units & landlord pays gas. In 9 unit building, there is a new boiler that heats all units & landlord pays for that and it has been recently vinyl sided. Landlord is responsible for water/sewer for the entire property. Roughly 90% of interiors have been renovated with new vinyl flooring, bathrooms, paint & kitchens. Contemporary main staircase & railing. Upgraded electrical & meters. Mostly new exterior doors & windows. Coin-op lundry machines included. 3 maintenance/storage rooms. Main building new vinyl siding. 100% occupied due to lower rents with no delinquency.
Presented by Dante Belmonte at
HUNT Real Estate ERA - CNY East.
Property MLS #S1556595 from NYStateAlliance
GasOven
GasRange
GasWaterHeater
Refrigerator
Washer
Laundry Features: Coinoperated
Heating: Yes
Road Frontage Type: CityStreet
Lot Size Acres: 1.0292
Lot Size Dimensions: 332X135
Lot Size Square Feet: 44832
Garage Description: ThreeormoreSpaces, NoGarage
Parking Features: ThreeormoreSpaces, NoGarage
Calculated Total Monthly Association Fees: 0
High School District: Syracuse
Middle or Junior School District: Syracuse
Map directions Map directions Map directionsSource Listing Status: ActiveUnderContract
County: Onondaga
Cross Street: Polk
Source Property Type: MultiFamily
Area: Syracuse City-311500
Source Neighborhood: Syracuse City-311500
Owner Pays: SnowRemoval, Water
Parcel Number: 311500-034-000-0002-014-000-0000
Postal City: Syracuse
Source System Name: C2C
| Year | Assessments Building + Land Total | Tax |
|---|---|---|
| 2023 | $127,600 + $17,400 $145,000 | $4,741 |
| 2022 | $127,600 + $17,400 $145,000 | $4,780 |
| 2021 | $127,600 + $17,400 $145,000 | $1,196 |
| 2020 | $127,600 + $17,400 $145,000 | $4,837 |
| 2017 | $127,600 + $17,400 $145,000 | $4,234 |
| 2016 | $112,600 + $17,400 $130,000 | $4,420 |
| 2015 | $112,600 + $17,400 $130,000 | $4,381 |
| 2014 | $112,600 + $17,400 $130,000 | $3,618 |
| 2014 | $112,600 + $17,400 $130,000 | $3,776 |
| 2013 | $112,600 + $17,400 $130,000 | $6,892 |
| 2011 | $112,600 + $17,400 $130,000 | $3,391 |
| 2010 | $112,600 + $17,400 $130,000 | $3,443 |
| 2009 | $112,600 + $17,400 $130,000 | $6,607 |
$2,300,000
NYStateAlliance
Sold 2016-08-26
$900,000
Public Record
Listing removed 2013-10-31
$949,000
Syracuse
Listing removed 2013-10-31
$949,000
NYStateAlliance
Price Changed 2013-08-12
$949,000
Syracuse
Listed 2013-04-29
$949,000
NYStateAlliance
Listed 2013-04-29
$995,000
Syracuse
Sold 2003-12-18
$160,000
Public Record
Sold 2001-03-15
$142,000
Public Record
Year Built: 1960
Building Area Source: PublicRecords
Building Area Total: 17760
Construction Materials: VinylSiding
Levels: Two
Property Age: 64
Property Condition: Resale
Roof: Asphalt, Membrane, Metal, Rubber
Levels or Stories: 2
Building Total Stories: 2
Year Built Details: Existing
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.