127 South Avenue

Syracuse, NY 13204

$775,000
Last Sold Price
—
Beds
10,176 Sq. Ft.
$76 / Sq. Ft.
10,176
Sq. Ft.
$76
per Sq. Ft.

Description

This makes lots of money 25 Cap Rate $$$ $160,245 NOI see APOD. Rent roll, survey, APOD and financials provided to preapproved buyers. This is being sold due to partnership dispute and must be sold. Great updated 31 unit building. Completely redone...complete remodel, new cabinets, sinks , flooring, appliances, doors, toilets, countertops. All new mechanicals, including 2021 high efficiency gas building boiler with 5 year transferable warranty. Resurfaced complete driveway. Two 2017 year 75 gallon...This makes lots of money 25 Cap Rate $$$ $160,245 NOI see APOD. Rent roll, survey, APOD and financials provided to preapproved buyers. This is being sold due to partnership dispute and must be sold. Great updated 31 unit building. Completely redone...complete remodel, new cabinets, sinks , flooring, appliances, doors, toilets, countertops. All new mechanicals, including 2021 high efficiency gas building boiler with 5 year transferable warranty. Resurfaced complete driveway. Two 2017 year 75 gallon gas hot water tanks, new laundry room, all LED lights and 31 stoves and 17 fridges 2 years ago and 14 fridges in 2021. Complete camera system with DVR recording with WIFI and remote viewing and cloud storage DVR. WIFI for entire building. New parking lot 3 years ago. 3 Blocks from downtown Syracuse. 2 washers and dryers are leas from CSC and a 50/50 split in place. APOD and rent rolls, surveys and financials to qualified buyers.
  1. Listed by Tom Voumard • Howard Hanna Real Estate

Property Details for 127 South Avenue

On Waterfront
No
Nearest Cross Street
W. Onondaga

Location

Listing Courtesy of Howard Hanna Real Estate

Sold By Red Door Real Estate WNY LLC

Add your commute
LISTING UPDATED: 09/09/2021 09:55 AM

Property Details for 127 South Avenue

StatusS - Closed / Rented
MLS #S1318957
Days on Market78
Taxes$20,849 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS Type5 + Unit Apartments / Other - See Remarks
Year Built1986
Lot Size0.32 AC / 14,000 SF
CountyOnondaga County

Location

Listing Courtesy of Howard Hanna Real Estate

Sold By Red Door Real Estate WNY LLC

Add your commute

Building Information for 127 South Avenue

Stories2Residences-Year Built1986Building Size-Lot Size0.32 AC / 14,000 SF

Payment Calculator

$5,967 per month

30 year fixed, 7.25% Interest

Principal and Interest

$4,229

Property Taxes

$1,737

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 127 South Avenue

Summary
Location and General Information
  • Directions to Property: One property from the corner of W. Onondaga and South Ave. 127 South Ave. Gray building with blue roof.
  • School District Name: Syracuse
  • Village: Not Applicable
Owner
  • Owner 1 First Name: J-Bon
  • Owner 1 Last Name: LLC
  • Owner City State: Phoenix
  • Owner Street Num Street Name: 35 State Street
  • Owner Zip Code: 13135
Parking
  • Garage Spaces per Apt: No Garage Spaces
  • Parking Spaces per Apt: No Parking Spaces
Taxes and HOA Information
  • Area NYSWIS Code: Syracuse City-311500
Property
Lot Information
  • Parcel Number: 311500-093-000-0005-035-000-0000
  • Num Of Acres: 0
  • Age Of Building: 35
  • Lot Number: 35
  • Lot Information: Near Bus Line
Property and Assessments
  • Annual Special Assessment: $0
  • Assessed Value: $240,000
  • Year Built Description: Existing
  • Amenities Included: Security
  • Floor Description: Laminate-Some
  • Second Mortgage Home Equity Bala: $0
Utilities
  • Num Of Electric Meters: 1
  • Num Of Gas Meters: 1
  • Sewer Description: Sewer Connected
  • Water Heater Fuel: Gas
  • Water Resources: Public Connected
Interior and Exterior Features
Exterior Features
  • Additional Exterior Features: Cable TV Available, High Speed Internet, Other - See Remarks, Partially Fenced Yard
  • Driveway Description: Blacktop, Parking Area
  • Exterior Construction: Brick and Frame
  • Roof Description: Metal
Interior Features
  • Num Bedrooms 4 Th Floor: 0
  • Num Fireplaces Artificial: 0
  • Num Fireplaces Freestanding: 0
  • Num Fireplaces Gas: 0
  • Num Fireplaces Not Repto Code: 0
  • Num Fireplaces Other: 0
  • Num Fireplaces Pellet: 0
  • Num Fireplaces Total Calculated: 0
  • Num Fireplaces Woodburning: 0
  • Num Fireplaces Woodstoves: 0
  • Num Full Baths 4 Th Floor: 0
  • Num Half Baths 4 Th Floor: 0
  • Sq Ft Total: 10176
  • Additional Interior Features: Electrical Fuses - some, Laundry-Common, Pex Plumbing- Some, Security System - Leased, Security System - Owned
  • Basement Description: Exterior Walkup/Bulkhead Doors, Finished, Full
  • Heating Fuel Description: Gas
  • HVAC Type: Baseboard
  • Kitchen Equip Appl Included: Cooktop - Electric, Oven/Range Electric-Some, Refrigerator
Multi Family
Multi-Family Information
  • Special Conditions Call L Brk: No
  • Third Party Commentary Blog: No
  • Annual Operating Expenses: $46,225
  • Gross Annual Income: $160,234
  • Net Operating Income: $139,385
  • Num Of Heating Units: 1
  • Income Expense Information: Projected, Provided By Owner
  • Operating Expenses Include: Accounting/Legal, Electric, Insurance, Repairs/Maintenance, Snow Plow, Utilities, Water / Sewer
Rental
Rental Information
  • Num Of 1 Bedroom Apartment: 0
  • Num Of 2 Bedroom Apartment: 0
  • Num Of 3 Bedroom Apartment: 0
  • Num Of Studio Apartments: 31
  • Studio Average Monthly Rent: $575
  • Total Num Of Apartments: 31
  • Rent Includes: All Utilities, Cooking Gas, Electric, Heat, Hot Water, Snow Removal, Water

Property History for 127 South Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 127 South Avenue

Taxable ValueLand$10,800Additions$45,000Total$55,800
Home Facts
Beds3Baths2Total Finished SqFt924 SqFtAbove Grade Finished SqFt924 SqFtStories2Lot Size5,500 SqFtStyleSingle Family ResidenceYear Built1929Year Renovated1965Zoning03 - MULTI-FACountyONONDAGAAPN313201 005.-06-29.0

Schools near 127 South Avenue

This home is within Syracuse City School District.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Public - PK to 5
Rating
School
Distance
Seymour Dual Language Academy
PublicPK to 5

Westside Academy At Blodgett
Public6 to 8

Delaware Primary School
PublicPK to 5

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.

Similar Homes

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Howard Hanna Real Estate

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.