$143,000
$117,500
21.7%For more information regarding the value of a property, please contact us for a free consultation.
5 Beds
2 Baths
2,640 SqFt
SOLD DATE : 09/23/2024
Key Details
Sold Price $143,000
Property Type Multi-Family
Sub Type Multi Family
Listing Status Sold
Purchase Type For Sale
Square Footage 2,640 sqft
Price per Sqft $54
MLS Listing ID S1549468
Sold Date 09/23/24
Bedrooms 5
Full Baths 2
Construction Status Existing
HOA Y/N No
Year Built 1930
Annual Tax Amount $2,331
Lot Size 3,463 Sqft
Acres 0.0795
Lot Dimensions 37X94
Property Description
With two separate units, this property provides the advantage of dual income streams, ensuring financial stability and maximizing your investment returns. Each unit offers ample living space, 3 bedrooms in one unit and 2 in the other. Also private entrances, providing flexibility for various living arrangements. Whether accommodating tenants, extended family members, or utilizing one unit as an income-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. The upstairs unit has had some recent renovations and the downstairs unit has a good tenant paying $1350 per month. MULTIPLE OFFERS RECEIVED. SELLER IS ASKING FOR ALL OFFERS TO BE IN BY FRIDAY 7/19/2024 BY THE END OF THE DAY. SELLER WILL BE CHOOSING OFFER ON SATURDAY. THERE IS A TIME SLOT TO SEE THE FIRST FLOOR AT 2:00 ON FRIDAY. THAT IS THE ONLY TIME THE FIRST UNIT WILL BE SHOWN.
Location
State NY
County Onondaga
Area Syracuse City-311500
Direction Follow Colvin St headed south. Take a right on Garfield Ave. Take another right on Elizabeth and the hose is on the left.
Rooms
Basement Full
Interior
Heating Gas, Forced Air
Flooring Ceramic Tile, Hardwood, Luxury Vinyl, Varies
Fireplace No
Appliance Gas Water Heater
Exterior
Exterior Feature Fence
Fence Partial
Utilities Available High Speed Internet Available, Sewer Connected, Water Connected
Waterfront No
Roof Type Asphalt
Parking Type No Driveway
Building
Lot Description Cul-De-Sac, Near Public Transit, Residential Lot
Story 2
Foundation Block
Sewer Connected
Water Connected, Public
Level or Stories Two
Structure Type Other,See Remarks
Construction Status Existing
Schools
School District Syracuse
Others
Senior Community No
Tax ID 311500-084-000-0014-007-000-0000
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Financing Conventional
Special Listing Condition Standard
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Bought with Acropolis Realty Group LLC
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Licensed Associate Real Estate Broker | License ID: 10301221928