For more information regarding the value of a property, please contact us for a free consultation.
Key Details
Sold Price $165,000
Property Type Multi-Family
Sub Type Multi Family
Listing Status Sold
Purchase Type For Sale
Square Footage 2,608 sqft
Price per Sqft $63
MLS Listing ID S1589167
Sold Date 04/11/25
Style Duplex
Bedrooms 5
Full Baths 2
Construction Status Existing
HOA Y/N No
Year Built 1920
Annual Tax Amount $2,949
Lot Size 8,598 Sqft
Acres 0.1974
Lot Dimensions 50X172
Property Sub-Type Multi Family
Property Description
One person's loss is another person's treasure! This 2,608 sq. ft. two-family home near Tipp Hill in Syracuse offers incredible potential. A fire on New Year's Eve 2023 was contained to a small section of the upstairs kitchen ceiling, originating from old knob-and-tube wiring, which has since been disconnected. The furnaces will be turned back on within the week. The downstairs unit is a beautifully finished 3-bedroom with stunning cabinetry, while the upstairs 2-bedroom unit has some sheetrock and cosmetic damage. Both units feature laundry hookups. The massive finished attic presents an opportunity for additional living space. Outside, enjoy a fully fenced yard with an above-ground pool and a large two-car garage. Rental comps suggest $1,500–$1,600 per unit, and a recent quote estimates $40K–$50K to restore the home completely. A fantastic opportunity for investors or owner-occupants looking to build equity!
Location
State NY
County Onondaga
Area Syracuse City-311500
Rooms
Basement Full
Interior
Interior Features Attic, Storage
Heating Gas, Forced Air
Flooring Hardwood, Varies, Vinyl
Fireplace No
Appliance Gas Water Heater
Laundry Washer Hookup
Exterior
Exterior Feature Deck, Fully Fenced, Pool
Garage Spaces 2.0
Fence Full
Pool Above Ground
Utilities Available Electricity Connected, Sewer Available, Water Connected
Roof Type Asphalt
Porch Deck
Garage Yes
Building
Lot Description Other, Rectangular, See Remarks
Story 2
Foundation Block
Water Connected, Public
Architectural Style Duplex
Level or Stories Two
Structure Type Aluminum Siding,Attic/Crawl Hatchway(s) Insulated
Construction Status Existing
Schools
School District Syracuse
Others
Senior Community No
Tax ID 311500-109-000-0002-008-000-0000
Acceptable Financing Cash, Conventional, Private Financing Available, Rehab Financing
Listing Terms Cash, Conventional, Private Financing Available, Rehab Financing
Financing Cash
Special Listing Condition Standard
Read Less Info
Want to know what your home might be worth? Contact us for a FREE valuation!
Our team is ready to help you sell your home for the highest possible price ASAP
Bought with Kirnan Real Estate