$2,300,000
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7 Beds
17,760 SqFt
SOLD DATE : 10/09/2024
Key Details
Sold Price $2,300,000
Property Type Multi-Family
Sub Type Other
Listing Status Sold
Purchase Type For Sale
Square Footage 17,760 sqft
Price per Sqft $129
MLS Listing ID S1556595
Sold Date 10/09/24
Bedrooms 7
Construction Status Existing
HOA Y/N No
Year Built 1960
Annual Tax Amount $42,732
Lot Size 1.029 Acres
Acres 1.0292
Lot Dimensions 332X135
Property Sub-Type Other
Property Description
RARE 42-unit apartment building. Main building - 32 units all efficiency/studios @ $600/month. Building directly west is 9 units - 6 units are 1 bed & 3 units are efficiency/studios from $600-$900/month. 2 bedroom SFR on property included & rented $1,050/month. Entire property parking area freshly paved & 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 for 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. New main staircase & railing. Upgraded electrical & meters. Mostly new exterior doors & windows. Coin-op laundry machines included. 3 maintenance/storage rooms. Main building new vinyl siding. 100% occupied due to lower rents with no delinquency.
Location
State NY
County Onondaga
Area Syracuse City-311500
Rooms
Basement None
Interior
Heating Electric, Gas, Baseboard, Space Heater
Flooring Laminate, Varies
Fireplace No
Appliance Dryer, Gas Oven, Gas Range, Gas Water Heater, Refrigerator, Washer
Laundry Coin-operated
Exterior
Exterior Feature Blacktop Driveway
Community Features Laundry Facilities
Utilities Available Sewer Connected, Water Connected
Roof Type Asphalt,Membrane,Metal,Rubber
Garage No
Building
Lot Description Residential Lot
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 311500-034-000-0002-014-000-0000
Acceptable Financing Cash
Listing Terms Cash
Financing Cash
Special Listing Condition Standard
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Bought with Skinner & Assoc. Realty LLC