$575,000
$490,000
17.3%For more information regarding the value of a property, please contact us for a free consultation.
567 Valley DR Syracuse, NY 13207
4,959 SqFt
Key Details
Sold Price $575,000
Property Type Multi-Family
Sub Type Other
Listing Status Sold
Purchase Type For Sale
Square Footage 4,959 sqft
Price per Sqft $115
MLS Listing ID S1451438
Sold Date 06/27/23
Construction Status Existing
HOA Y/N No
Year Built 1950
Annual Tax Amount $15,898
Lot Size 0.287 Acres
Acres 0.2868
Lot Dimensions 34X364
Property Sub-Type Other
Property Description
Great opportunity to own this rare find investment property. 18 units altogether divided into three buildings. Very well maintained, all roofs are no more than 10 years. Kitchens are updated. Each building has a studio, rented @$400/month, 1 one bedroom apartment, one rented for $480/month and the other two for @$500/month and 6 two bedroom apartments, @$560/month. Fully occupied by long term
tenants. Current rents are on the low side and can be up substantially. The property has a newly repaired and code compliant sewer line system just recently installed. Landlord pays for water and electricity as well as common area. Heating is solely controlled by landlord. What a great return for your investment! BEST & FINAL offers to be submitted by 1/19/2023 at 9 p.m.
Location
State NY
County Onondaga
Area Syracuse City-311500
Direction From 173 Seneca Turnpike to Valley Dr.
Rooms
Basement Full, Walk-Out Access
Interior
Heating Electric, Baseboard, Hot Water
Flooring Hardwood, Varies, Vinyl
Furnishings Unfurnished
Fireplace No
Appliance Dryer, Exhaust Fan, Gas Oven, Gas Range, Gas Water Heater, Refrigerator, Range Hood, Washer
Laundry Coin-operated
Exterior
Exterior Feature Dirt Driveway
Community Features Laundry Facilities, Storage Facilities
Utilities Available Sewer Connected, Water Connected
Roof Type Asphalt
Garage No
Building
Lot Description Near Public Transit, Residential Lot
Story 3
Sewer Connected
Water Connected, Public
Structure Type Brick,Vinyl Siding
Construction Status Existing
Schools
School District Syracuse
Others
Senior Community No
Tax ID 311500-073-000-0001-032-000-0000
Acceptable Financing Cash, Conventional, FHA
Listing Terms Cash, Conventional, FHA
Financing Cash
Special Listing Condition Standard
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Bought with Acropolis Realty Group LLC