Address
825 S Wilbur Avenue Syracuse, NY
Price
$ 49,000
Property Attributes
  • MLS#S1297655
  • TypeMulti-Family
  • CountyONONDAGA
  • CitySyracuse
  • AreaSyracuse City
  • Zip13204
  • StyleDuplex
  • Year Built1880
  • Taxes2785
  • Price$ 49,000
  • Bedrooms2
  • Full Bathrooms2
  • Half Bathrooms0
  • Sqr Footage1228
  • Lot Size2,614 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 - 30 out of 33 units are occupied and many properties feature recently upgraded hot water tanks, furnaces and roofs. Over $25,000 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 $275,400, not including current vacancies. This is a great opportunity to start or build a real estate investment portfolio.

Price History
9/29/2020 Listed $49,000

General Features

Architectural Style Duplex
Construction Materials Other, See Remarks
Electric Circuit Breakers
Elementary School District Syracuse
Flooring Ceramic Tile, Laminate, Other, See Remarks, Tile, Varies, Vinyl
Heating Gas, Forced Air
High School District Syracuse
MLS Area Syracuse City-311500
Middle/Junior School District Syracuse
Parking Features Paved, One Space
Property SubType Multi Family
Property Type Residential
PropertyCondition Resale
Roof Shingle
Sewer Connected
Terms Cash
Total Units 2
Township Not Applicable
Utilities Sewer Connected, Water Connected

Interior Features

Basement Partial
Heating Y/N Yes
Living Area 1228

Exterior Features

Lot Dimensions 42X65
Lot Features Residential Lot
Lot Size Acres 0.06
Lot Size Area 0.06
Lot Size Square Feet 2730
Number of Separate Electric Meters 2
Number of Separate Gas Meters 2
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
$50K
Taxes
AVG $2,591
$2,785
Visits
AVG 3
9
Year Built
AVG 1907
1880
Walkscore
AVG 58
64
Data Provided by Walkscore ® not using MLS data

Looking for a more comfortable experience?

Download our mobile app for a personalized browsing experience.

Fair Housing Icon NY Fair Housing Notice