506 N Madison St

9,999 Sq. Ft.
$8 / Sq. Ft.
9,999
Sq. Ft.
$8
per Sq. Ft.

Description

Seven Unit Investment Opportunity! Great Income Potential. New Roof 2015.Seven Unit Investment Opportunity! Great Income Potential. New Roof 2015.
  1. Listed by Lisa Kowalczyk • ASSIST2SELL BUYERS & SELLERS 1ST CHOICE
    P: (315)-735-9244 C: (315)-735-9244 lkowalczyk@assist2sell.com

Property Details for 506 North Madison Street

Waterfront Description
Other, See Remarks
On Waterfront
No
Parking Description
Gravel, Twoor More Spaces
Nearest Cross Street
Erie Blvd
LISTING CLOSED: 03/29/2018 12:00 AM

Property Details for 506 North Madison Street

StatusClosed
MLS #1200186
Days on Market2132
Taxes$4,688 / year
HOA Fees-
Condo/Co-op Fees-
Property TypeMulti Family
MLS TypeResidential Income
Year Built1904
Lot Size-
CountyOneida County

Location

Listing Courtesy of ASSIST2SELL BUYERS & SELLERS 1ST CHOICE

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Building Information for 506 North Madison Street

Stories-Year Built1904Building Size-Lot Size-

Payment Calculator

$802 per month

30 year fixed, 6.55% Interest

Principal and Interest

$412

Property Taxes

$391

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 506 North Madison 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
  • Parking Total: 8.00
Taxes and HOA Information
  • Area NYSWIS Code: Rome-Outside-301389
  • Tax Annual Amount: $4,688.00
Property
Lot Information
  • Building Area Total: 9999.0
  • Land Features: Other, See Remarks
  • Lot Size Units: Acres
  • Parcel Number: 242.034-0001-026
Property and Assessments
  • Property Condition: Resale
  • Assessed Value: $81,700
  • Year Built: 1904
  • Year Built Description: Existing Unknown
  • Zoning Description: Residential Multi Use
  • Property Sub Type Additional: Other
Utilities
  • Electric Service: Circuit Breakers
  • Num Of Electric Meters: 7
  • Num Of Gas Meters: 1
  • Sewer Description: Connected
  • Utilities Available: Cable Available, Sewer Connected, Water Connected
  • Water Supply: Connected, Public
Interior and Exterior Features
Exterior Features
  • Community Features: Other, See Remarks
  • Construction Materials: Wood Siding
  • Foundation Description: Stone
  • Roof Description: Asphalt
Interior Features
  • Appliances: See Remarks, Water Heater
  • Basement Description: Full
  • Basement YN: Yes
  • Num Of Possible Bedrooms: 6
  • Floor Description: Other, See Remarks
  • Heating: Gas, Forced Air
  • Heating YN: Yes
  • Sq Ft Total: 9999.0
  • Main Level Bathrooms: 0
  • Num Bedrooms 1 St Floor: 0
  • Num Of Rooms: 14
Multi Family
Multi-Family Information
  • Net Operating Income: -$4,688.00
  • Number Of Units In Community: 4
  • Number Of Units Total: 6
  • Operating Expense Includes: Other, See Remarks
Unit 1
  • Unit Type Actual Rent: $450.00
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 1
  • Features: ,Living Room
  • Unit Type Total Rent: $450.00
  • Unit Type Num Full Baths: 1
  • Unit Type Actual Rent Range: 475
Unit 2
  • Unit Type Actual Rent: $475.00
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 1
  • Features: ,Living Room
  • Unit Type Total Rent: $475.00
  • Unit Type Num Full Baths: 1
  • Unit Type Actual Rent Range: 450
Unit 3
  • Unit Type Actual Rent: $380.00
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 2
  • Features: ,Living Room
  • Unit Type Total Rent: $380.00
  • Unit Type Num Full Baths: 1
  • Unit Type Actual Rent Range: 380
Unit 4
  • Unit Type Actual Rent: $255.00
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 2
  • Features: ,Living Room
  • Unit Type Total Rent: $255.00
  • Unit Type Num Full Baths: 1
  • Unit Type Actual Rent Range: 255
Rental
Rental Information
  • Rent Includes: Other, See Remarks
  • Lease Amount Per Area Unit: Dollars Per Square Foot

Property History for 506 North Madison Street

DateEvent & SourcePriceAppreciation
Mar 29, 2018

Sold

New York State Alliance of MLSs (Buffalo) #1200186

$81,000
Mar 29, 2018

Sold

Central New York Information Services #1200186

$81,000
Mar 29, 2018

Sold

WNYREIS #1200186

$81,000
DateEvent & SourcePrice
03/29/2018

Sold

New York State Alliance of MLSs (Buffalo) #1200186

$81,000
03/29/2018

Sold

Central New York Information Services #1200186

$81,000
03/29/2018

Sold

WNYREIS #1200186

$81,000

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

Public Records for 506 North Madison Street

Taxable ValueLand$9,300Additions$72,400Total$81,700
Home Facts
Total Finished SqFt4,085 SqFtAbove Grade Finished SqFt4,085 SqFtUnfinished Basement SqFt1,610 SqFtStories3Lot Size3,485 SqFtStyleMulti-Family Res (5+ Units)Year Built1904ZoningR-PCountyONEIDAAPN301301 242.034-1-26

Schools near 506 North Madison 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
George R Staley Upper Elementary School
PublicK to 6

Louis V Denti 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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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. Subject to change at any time. Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties make no guarantee, warranty or representation regarding the accuracy of any waterfront feature, water view or waterfront view.

Listing Courtesy of ASSIST2SELL BUYERS & SELLERS 1ST CHOICE

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.