$145,000
$159,900
9.3%For more information regarding the value of a property, please contact us for a free consultation.
7 Beds
4 Baths
3,726 SqFt
SOLD DATE : 12/16/2024
Key Details
Sold Price $145,000
Property Type Multi-Family
Sub Type Multi Family
Listing Status Sold
Purchase Type For Sale
Square Footage 3,726 sqft
Price per Sqft $38
MLS Listing ID S1561672
Sold Date 12/16/24
Style Triplex
Bedrooms 7
Full Baths 4
Construction Status Existing
HOA Y/N No
Year Built 1922
Annual Tax Amount $3,572
Lot Size 5,179 Sqft
Acres 0.1189
Lot Dimensions 35X148
Property Description
Solid 3 family located on the Northside with HUGE cashflow potential. Large 3 bedroom/2 bath apartment on the first floor is rented to long term tenants for $950/mo. Upstairs there are two 2 bedroom/1 bath apartments, one is rented for $800/mo and the other is being left vacant. These rents are significantly below market and represent a value-add opportunity for the new owner. There are separate electric meters and one gas meter, so the landlord is responsible for heat, hot water, and common area electricity which in total averages $300/mo. Other features include newer furnace, replacement windows throughout, aluminum siding, and off-street parking. Some cosmetic work will be required but this is overall a solid property with spacious apartments and good overall structure.
Location
State NY
County Onondaga
Area Syracuse City-311500
Direction Alvord
Rooms
Basement Full
Interior
Heating Gas, Forced Air
Flooring Hardwood, Laminate, Varies
Fireplace No
Window Features Thermal Windows
Appliance Gas Water Heater
Exterior
Utilities Available Sewer Connected, Water Connected
Roof Type Asphalt,Shingle
Building
Lot Description Near Public Transit, Residential Lot
Story 2
Foundation Stone
Sewer Connected
Water Connected, Public
Architectural Style Triplex
Level or Stories Two
Structure Type Aluminum Siding,Frame,Steel Siding,Copper Plumbing
Construction Status Existing
Schools
School District Syracuse
Others
Senior Community No
Tax ID 311500-007-000-0020-028-000-0000
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Financing Cash
Special Listing Condition Standard
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