Address
132 Nelson Street Syracuse, NY
Price
$ 55,000
Property Attributes
  • MLS#S1297710
  • TypeSingle Family
  • CountyONONDAGA
  • CitySyracuse
  • AreaSyracuse City
  • NeighborhoodMount Baldwin
  • Zip13204
  • StyleTwo Story
  • Year Built1870
  • Taxes1428
  • Price$ 55,000
  • Bedrooms4
  • Full Bathrooms1
  • Half Bathrooms0
  • Sqr Footage1430
  • Lot Size4,792 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 $55,000

General Features

Appliances Gas Oven, Gas Range, Refrigerator
Architectural Style Two Story
Construction Materials Vinyl Siding
Electric Circuit Breakers
Elementary School District Syracuse
Flooring Other, See Remarks
Heating Gas, Forced Air
High School District Syracuse
Interior Features Separate/Formal Living Room, Other, See Remarks
Levels Two
MLS Area Syracuse City-311500
Middle/Junior School District Syracuse
Parking Features No Garage
Property SubType Single Family Residence
Property Type Residential
PropertyCondition Resale
Roof Shingle
Sewer Connected
Stories 2
Subdivision Name Mount Baldwin
Terms Cash
Township Not Applicable
Utilities Sewer Connected, Water Connected

Interior Features

Basement Full
Full Baths 1
Heating Y/N Yes
Living Area 1430
Main Level Bathrooms 1
Total Baths 1
Total Bedrooms 4
Total Rooms 7

Exterior Features

Foundation Details Other, See Remarks
Lot Dimensions 47X100
Lot Features Residential Lot
Lot Size Acres 0.11
Lot Size Area 0.11
Lot Size Square Feet 4700
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 $2,295
$1,428
Visits
AVG 7
3
Year Built
AVG 1913
1870
Walkscore
AVG 60
61
Data Provided by Walkscore ® not using MLS data

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