Address
217 Grand Avenue Syracuse, NY
Price
$ 60,000
Property Attributes
  • MLS#S1297645
  • TypeMulti-Family
  • CountyONONDAGA
  • CitySyracuse
  • AreaSyracuse City
  • Zip13204
  • StyleFourplex
  • Year Built1940
  • Taxes5395
  • Price$ 60,000
  • Bedrooms4
  • Full Bathrooms4
  • Half Bathrooms0
  • Sqr Footage4974
  • 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 $60,000

General Features

Architectural Style Fourplex
Construction Materials Other, See Remarks
Electric Circuit Breakers
Elementary School District Syracuse
Flooring Hardwood, Laminate, Other, See Remarks, Varies
Garage Spaces 4
Garage Y/N Yes
Heating Gas, Forced Air
High School District Syracuse
MLS Area Syracuse City-311500
Middle/Junior School District Syracuse
Parking Features On Street
Property SubType Multi Family
Property Type Residential
PropertyCondition Resale
Roof Shingle
Sewer Connected
Stories 1
Terms Cash
Total Units 4
Township Not Applicable
Utilities Sewer Connected, Water Connected

Interior Features

Basement Full
Heating Y/N Yes
Living Area 4974

Exterior Features

Foundation Details Stone
Lot Dimensions 45X80
Lot Features Near Public Transit, Residential Lot
Lot Size Acres 0.08
Lot Size Area 0.08
Lot Size Square Feet 3600
Number of Separate Electric Meters 4
Number of Separate Gas Meters 4
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 $60K
$60K
Taxes
AVG $2,649
$5,395
Visits
AVG 4
4
Year Built
AVG 1907
1940
Walkscore
AVG 59
61
Data Provided by Walkscore ® not using MLS data

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