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Key Details
Sold Price $410,000
Property Type Multi-Family
Sub Type Other
Listing Status Sold
Purchase Type For Sale
Square Footage 4,968 sqft
Price per Sqft $82
Subdivision Colvin Farm
MLS Listing ID S1434216
Sold Date 01/23/23
Construction Status Existing
HOA Y/N No
Year Built 1940
Annual Tax Amount $6,598
Lot Size 4,451 Sqft
Acres 0.1022
Lot Dimensions 44X100
Property Sub-Type Other
Property Description
This is a 6-unit multifamily building located on a quiet corner on Vine St and Shuart Ave that generates over $60,000 in income ($38,000 NOI). The house has gone through extensive rehab amounting to nearly $100,000 in renovations. All 6 units were fully renovated on the high-end. fully occupied with great tenants. apt 1- 700$, apt 2-700$, apt 3- 750$, apt 4- 800$, apt 5- 1100$, apt 6- 975$ a month. 6 new electric meters and 6 new gas meters. Brand new laundry room with 2 sets of coin operated machines and much more. This property is offered at a 9 cap.
Location
State NY
County Onondaga
Community Colvin Farm
Area Syracuse City-311500
Direction off of James st
Rooms
Basement Full
Interior
Heating Electric, Gas, Baseboard, Hot Water
Flooring Carpet, Laminate, Varies, Vinyl
Fireplace No
Appliance Dryer, Electric Water Heater, Gas Oven, Gas Range, Gas Water Heater, Microwave, Refrigerator, Washer
Laundry Coin-operated
Exterior
Exterior Feature Blacktop Driveway
Community Features Laundry Facilities
Utilities Available Sewer Connected, Water Connected
Roof Type Asphalt
Garage No
Building
Lot Description Corner Lot, Near Public Transit
Story 2
Sewer Connected
Water Connected, Public
Level or Stories Two
Structure Type Vinyl Siding
Construction Status Existing
Schools
School District Syracuse
Others
Senior Community No
Tax ID 311500-019-000-0012-021-000-0000
Acceptable Financing Cash
Listing Terms Cash
Financing Conventional
Special Listing Condition Standard
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Bought with Howard Hanna Real Estate