$300,000
$299,900
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4,198 SqFt
SOLD DATE : 10/12/2022
Key Details
Sold Price $300,000
Property Type Multi-Family
Sub Type Multi Family
Listing Status Sold
Purchase Type For Sale
Square Footage 4,198 sqft
Price per Sqft $71
Subdivision City/Syracuse
MLS Listing ID S1414035
Sold Date 10/12/22
Style Fourplex
Construction Status Existing
HOA Y/N No
Year Built 1900
Annual Tax Amount $4,689
Lot Size 4,791 Sqft
Acres 0.11
Lot Dimensions 50X100
Property Description
1748 West Genesee is a well maintained cash flow machine in a prime Tipp Hill location with little to no deferred maintenance. All 4 units ( 2 bedrooms each) have separate utilities, have tenants in place, and the building gross nearly 3800.00 per month! Updates include newer furnaces, water heaters, windows, architectural shingle roof, some flooring, some appliances, and a new front porch. Each unit is spacious and comfortable as they sit, but could be updated to increase the already stellar income stream. There is coin operated laundry in place for some additional income as well. Tenants will love the location, so close to Tipp Hill amenities and near the bus line and downtown. Landlords will love the low expense profile, and not having any large capital expenses lingering. As an added bonus, the seller has been told that the city is replacing the main water line at their expense! Nothing to do here but take ownership and collect rent from some wonderful tenants, including 2 that have been in place 10+ years!
Location
State NY
County Onondaga
Community City/Syracuse
Area Syracuse City-311500
Direction One house down from corner of Willis and West Genny
Rooms
Basement Full
Interior
Heating Gas, Forced Air
Flooring Hardwood, Laminate, Varies
Fireplace No
Appliance Gas Water Heater
Exterior
Exterior Feature Deck
Utilities Available Cable Available, Sewer Connected, Water Connected
Roof Type Asphalt
Porch Deck
Building
Lot Description Near Public Transit
Story 2
Foundation Block
Sewer Connected
Water Connected, Public
Architectural Style Fourplex
Level or Stories Two
Structure Type Vinyl Siding,Copper Plumbing
Construction Status Existing
Schools
School District Syracuse
Others
Tax ID 311500-111-000-0003-016-000-0000
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Financing Other,See Remarks
Special Listing Condition Standard
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