Last Sold Price
4 beds3 baths2,600 sqft$23/sqft
314 N Washington St, Rome, NY 13440

Description

Investment opportunity Just a minor amount of finishing work remains, but with little effort, this beautiful property could soon have 2 tenants bringing in a total of $1400-$2000/month. All updated roofing, vinyl replacement windows on the 2nd floor, updated plumbing & electrical, rebuilt upper porch, NEW, highly durable, wood-look ceramic tile throughout. This property is in fine company, sharing a city block with a high-end day spa, a successful massage therapy studio & art gallery, and the beautiful,...Investment opportunity Just a minor amount of finishing work remains, but with little effort, this beautiful property could soon have 2 tenants bringing in a total of $1400-$2000/month. All updated roofing, vinyl replacement windows on the 2nd floor, updated plumbing & electrical, rebuilt upper porch, NEW, highly durable, wood-look ceramic tile throughout. This property is in fine company, sharing a city block with a high-end day spa, a successful massage therapy studio & art gallery, and the beautiful, historic VFW. It is zoned residential/professional, so the option to have your business on the main level & live above is available! At under $35 sq ft., this is the income-producing business opportunity you have been waiting for. Don't let it pass you by!
LISTING CLOSED: 08/21/2020 12:00 AM

  1. Listed by Lori Frieden • COLDWELL BANKER FAITH PROPERTIES R
    P: (315)-735-2222 C: (315)-735-2222 lorifriedensells@gmail.com

Property Details for 314 North Washington Street

Status
MLS #
S1239064
Days on Market
186
Taxes
$4,994 / year
HOA Fees
-
Condo/Co-op Fees
-
Property Type
MLS Type
Residential / Residential
Year Built
1935
Lot Size
0.10 AC / 4,356 SF
Styles Of Residence
Duplex
On Waterfront
No
Parking Description
Paved, Parking Available, On Street, Two Or More Spaces
Nearest Cross Street
Btwn Embargo & Court

Location

Listing Courtesy of COLDWELL BANKER FAITH PROPERTIES R

Sold By COLDWELL BANKER FAITH PROPERTIES R

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Building Information for 314 North Washington Street

Stories2Residences2Year Built1935Building Size-Lot Size0.10 AC / 4,356 SF

Payment Calculator

$721 per month

30 year fixed, 6.55% Interest

Principal and Interest

$305

Property Taxes

$416

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 314 North Washington Street

Summary
Location and General Information
  • Elementary School District: Rome
  • High School District: Rome
  • Middle Or Junior School District: Rome
  • Village: Not Applicable
  • Human YN: No
Parking
  • Garage Spaces per Apt: .00
Taxes and HOA Information
  • Area NYSWIS Code: Rome-Inside-301301
  • Tax Annual Amount: $4,994.00
Property
Lot Information
  • Building Area Total: 2600.0
  • Land Features: Near Public Transit, Residential Lot
  • Num Of Acres: 0.1
  • Lot Size Area: 0.1
  • Lot Size Square Feet: 4356.0
  • Lot Size Units: Acres
  • Parcel Number: 301301-242-042-0003-010-000-0000
  • Road Frontage: City Street
  • Lot Number: 10
Property and Assessments
  • Property Condition: Resale
  • Assessed Value: $50,300
  • Year Built: 1935
  • Year Built Description: Existing
Utilities
  • Electric Service: Circuit Breakers
  • Num Of Electric Meters: 2
  • Num Of Gas Meters: 2
  • Sewer Description: Connected
  • Utilities Available: Cable Available, High Speed Internet Available, Sewer Connected, Water Connected
  • Water Supply: Connected, Public
Interior and Exterior Features
Exterior Features
  • Construction Materials: Wood Siding, Copper Plumbing
  • Exterior Features: Balcony, Deck
  • Foundation Description: Block, Stone
  • Patio And Porch Features: Balcony, Deck
  • Roof Description: Asphalt, Shingle
Interior Features
  • Appliances: Gas Water Heater
  • Basement Description: Full
  • Basement YN: Yes
  • Num Fireplaces Total Calculated: 0
  • Fireplace YN: No
  • Floor Description: Ceramic Tile, Tile, Varies
  • Heating: Gas, Forced Air
  • Heating YN: Yes
  • Laundry Features: Washer Hookup
  • Levels: Two
  • Sq Ft Total: 2600.0
  • Main Level Bathrooms: 0
  • Window Features: Thermal Windows
Multi Family
Multi-Family Information
  • Net Operating Income: -$4,994.00
  • Number Of Units In Community: 2
  • Number Of Units Total: 2
  • Operating Expense Includes: Fuel, Trash, Water Sewer
  • Stories: 2
  • Stories Total: 2
Unit 1
  • Unit Type Actual Rent: $800.00
  • Unit Type Baths Total: 2
  • Unit Type Beds Total: 2
  • Features: Refrigerator,Den/Family Room,Eat-In Kitchen,Living Room,Porch
  • Unit Type Total Rent: $800.00
  • Unit Type Num Full Baths: 2
  • Unit Type Num Half Baths: 0
  • Unit Type Actual Rent Range: 800
Unit 2
  • Unit Type Actual Rent: $700.00
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 2
  • Features: Dishwasher,Oven/ Range,Eat-In Kitchen,Living Room,Porch
  • Unit Type Total Rent: $700.00
  • Unit Type Num Full Baths: 1
  • Unit Type Num Half Baths: 0
  • Unit Type Actual Rent Range: 700
Rental
Rental Information
  • Rent Includes: Heat, Trash Collection, Water

Property History for 314 North Washington Street

DateEvent & SourcePriceAppreciation
Aug 21, 2020

Sold

New York State Alliance of MLSs (Buffalo) #S1239064

$60,000
Aug 21, 2020

Sold

Central New York Information Services #S1239064

$60,000
Aug 21, 2020

Sold

WNYREIS #S1239064

$60,000
DateEvent & SourcePrice
08/21/2020

Sold

New York State Alliance of MLSs (Buffalo) #S1239064

$60,000
08/21/2020

Sold

Central New York Information Services #S1239064

$60,000
08/21/2020

Sold

WNYREIS #S1239064

$60,000

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 314 North Washington Street

Taxable ValueLand$5,100Additions$45,200Total$50,300
Home Facts
Baths3Total Finished SqFt2,600 SqFtAbove Grade Finished SqFt2,600 SqFtStories2Lot Size4,356 SqFtStyleDuplexYear Built1935ZoningR-PCountyONEIDAAPN301301 242.042-3-10

Schools near 314 North Washington Street

This home is within Rome City School District.
Rating
School
Type
Grades
Distance
Public - K to 6
Public - K to 6
Public - 7 to 8
Public - 9 to 12
Rating
School
Distance
Gansevoort Elementary School
PublicK to 6

George R Staley Upper Elementary School
PublicK to 6

Lyndon H Strough Middle School
Public7 to 8

Rome Free Academy
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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Nearby home values

AddressSold priceBedsBathsSqftLot (Sqft)
This home: 314 North Washington Street, Rome, NY 13440
$60,000
4
3
2,600
4,356
$20,000
5
3,528
5,663
2,614
$55,000
5
$45,000
3
2
1,506
3,049
2,614

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of COLDWELL BANKER FAITH PROPERTIES R

Based on information from one of the following Multiple Listing Services: WNYREIS and Greater Binghamton Association of REALTORS. Information being provided is for the visitor's personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by WNYREIS and Greater Binghamton Association of REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.