Address
408 Rowland Street Syracuse, NY
Price
$ 57,000
Property Attributes
  • MLS#S1296601
  • TypeSingle Family
  • CountyONONDAGA
  • CitySyracuse
  • AreaSyracuse City
  • Zip13204
  • StyleTwo Story
  • Year Built1920
  • Taxes2971
  • Price$ 57,000
  • Bedrooms3
  • Full Bathrooms1
  • Half Bathrooms0
  • Sqr Footage1248
  • Lot Size3,485 SqFt
Listing Provided Courtesy Of:
DynaMax Realty, Inc.
Property Description

This property will NOT be sold separately. It is being sold as part of a 16-property package (33 units) ONLY that includes the following listings: S1297766, S1297756, S1297747, S1297737, S1297728, S1297710, S1297704, S1297693, S1297655, S1297645, S1297586, S1297581, S1297576, S1297563, S1297601, S1297600. This unique portfolio contains 16 residential properties, including 8 single-family homes and 8 multi-family homes. 10 of these properties are clustered on just 2 blocks, Nelson Street and Rowland Street, and almost all properties are within a 1-mile radius of each other. All properties are being sold AS IS and need some TLC, but they have enormous potential - 29 out of 33 units are occupied and many properties feature recently upgraded hot water tanks, furnaces and roofs. Over $30,000 in improvements have been made since July 2020. Asking $1,200,000 for the entire portfolio. These 33 units are priced at only $33,364/unit. Annual gross rental income totals $265,200, NOT including current vacancies. This is a great opportunity to start or build a real estate investment portfolio.

Price History
9/29/2020 Listed $57,000

General Features

Appliances Gas Oven, Gas Range, Refrigerator
Architectural Style Two Story
Construction Materials Aluminum Siding, Steel Siding
Elementary School District Syracuse
Exterior Features Dirt Driveway, Gravel Driveway
Flooring Other, See Remarks
Garage Spaces 1
Garage Y/N Yes
Heating Gas, Forced Air
High School District Syracuse
Interior Features Separate/Formal Dining Room
Levels Two
MLS Area Syracuse City-311500
Middle/Junior School District Syracuse
Parking Features Detached, Garage
Patio/Porch Features Open, Porch
Property SubType Single Family Residence
Property Type Residential
PropertyCondition Resale
Roof Shingle
Sewer Connected
Stories 2
Terms Cash
Township Not Applicable
Utilities Sewer Connected, Water Connected

Interior Features

Basement Full
Full Baths 1
Heating Y/N Yes
Living Area 1248
Main Level Bathrooms 1
Total Baths 1
Total Bedrooms 3
Total Rooms 6

Exterior Features

Foundation Details Other, See Remarks
Lot Dimensions 35X100
Lot Features Residential Lot
Lot Size Acres 0.08
Lot Size Area 0.08
Lot Size Square Feet 3500
Road Frontage Type City Street
Water Source Connected, Public

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Zip Code Average in 13204

Price
AVG $70K
$60K
Taxes
AVG $2,263
$2,971
Visits
AVG 6
5
Year Built
AVG 1915
1920
Walkscore
AVG 59
45
Data Provided by Walkscore ® not using MLS data

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