1426 Lodi Street

Syracuse, NY 13208

$720,000
Price
2
Beds
2
Baths
1,526 Sq. Ft.
$472 / Sq. Ft.
1,526
Sq. Ft.
$472
per Sq. Ft.

Description

Welcome to a prime investment opportunity offering three buildings. This property has a total of twelve units spread across 2 two-family homes and 1 spacious eight-unit complex, presenting a diverse portfolio to investors. Large Eight-Unit Complex: The centerpiece of this investment portfolio is a well-appointed eight-unit complex. From one-bedroom apartments to spacious two-bedroom units, this complex ensures a wide appeal to prospective renters. With twelve units in total, this property presents...Welcome to a prime investment opportunity offering three buildings. This property has a total of twelve units spread across 2 two-family homes and 1 spacious eight-unit complex, presenting a diverse portfolio to investors. Large Eight-Unit Complex: The centerpiece of this investment portfolio is a well-appointed eight-unit complex. From one-bedroom apartments to spacious two-bedroom units, this complex ensures a wide appeal to prospective renters. With twelve units in total, this property presents a significant income-generating opportunity. Whether you're a seasoned investor looking to expand your portfolio or a newcomer seeking a promising venture, the potential for steady rental income is here. This property enjoys proximity to essential amenities. Its convenient location ensures high demand from prospective tenants, enhancing the long-term value of your investment. Beyond its immediate income potential, this property offers ample room for growth and value appreciation. With strategic renovations or upgrades, you can further maximize rental income and enhance the overall property value, securing a solid return on investment. All units are occupied.
  1. Listed by Jeremy Allen • Acropolis Realty Group LLC
    P: 315-396-0493 C: 315-396-0493 jeremyallenrealtor@gmail.com

Property Details for 1426 Lodi Street

Styles Of Residence
Duplex
On Waterfront
No
Parking Description
No Driveway
Nearest Cross Street
Butternut

Location

Listing Courtesy of Acropolis Realty Group LLC
Add your commute
LISTING UPDATED: 04/12/2024 06:02 PM

Property Details for 1426 Lodi Street

StatusActive
MLS #S1530876
Days on Market16
Taxes$2,635 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential / Duplex
Year Built1912
Lot Size0.07 AC / 2,841 SF
CountyOnondaga County

Location

Listing Courtesy of Acropolis Realty Group LLC
Add your commute

Building Information for 1426 Lodi Street

Stories2Residences2Year Built1912Building Size-Lot Size0.07 AC / 2,841 SF

Payment Calculator

$4,149 per month

30 year fixed, 7.25% Interest

Principal and Interest

$3,929

Property Taxes

$220

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 1426 Lodi Street

Summary
Location and General Information
  • Elementary School District: Syracuse
  • High School District: Syracuse
  • Middle Or Junior School District: Syracuse
  • Village: Not Applicable
  • Human YN: No
Parking
  • Garage Spaces per Apt: .00
Taxes and HOA Information
  • Area NYSWIS Code: Syracuse City-311500
  • Tax Annual Amount: $2,635.00
Property
Lot Information
  • Building Area Source: Public Records
  • Building Area Total: 1526.0
  • Land Features: Near Public Transit
  • Num Of Acres: 0.0652
  • Lot Size Area: 0.0652
  • Lot Size Square Feet: 2841.0
  • Lot Size Units: Acres
  • Parcel Number: 311500-009-000-0028-016-000-0000
  • Lot Number: 16
Property and Assessments
  • Property Condition: Resale
  • Assessed Value: $39,000
  • Year Built: 1912
  • Year Built Description: Existing
  • Property Sub Type Additional: Duplex
Utilities
  • Electric Service: Circuit Breakers
  • Num Of Electric Meters: 2
  • Num Of Gas Meters: 2
  • Sewer Description: Connected
  • Utilities Available: Sewer Connected, Water Connected
  • Water Supply: Connected, Public
Interior and Exterior Features
Exterior Features
  • Construction Materials: Vinyl Siding
  • Foundation Description: Block
  • Roof Description: Asphalt
  • Structure Type: Duplex
Interior Features
  • Appliances: Gas Water Heater
  • Basement Description: Full
  • Basement YN: Yes
  • Num Of Possible Bedrooms: 2
  • Num Fireplaces Total Calculated: 0
  • Fireplace YN: No
  • Floor Description: Carpet, Laminate, Varies, Vinyl
  • Heating: Gas, Forced Air
  • Heating YN: Yes
  • Interior Features: Ceiling Fans
  • Levels: Two
  • Sq Ft Total: 1526.0
  • Main Level Bathrooms: 0
Multi Family
Multi-Family Information
  • Gross Annual Income: $20,700.00
  • Number Of Units In Community: 2
  • Number Of Units Total: 2
  • Operating Expense Includes: Water Sewer
  • Stories: 2
  • Stories Total: 2
Unit 1
  • Unit Type Actual Rent: $875.00
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 1
  • Features: Oven/ Range,Refrigerator,Living Room,Porch
  • Unit Type Total Rent: $875.00
  • Unit Type Num Full Baths: 1
  • Unit Type Num Half Baths: 0
  • Unit Type Actual Rent Range: 875
Unit 2
  • Unit Type Actual Rent: $850.00
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 1
  • Features: Oven/ Range,Refrigerator,Living Room,Porch
  • Unit Type Total Rent: $850.00
  • Unit Type Num Full Baths: 1
  • Unit Type Num Half Baths: 0
  • Unit Type Actual Rent Range: 850
Rental
Rental Information
  • Rent Includes: Water
  • Lease Amount Per Area Unit: Dollars Per Square Foot

Property History for 1426 Lodi Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 1426 Lodi Street

Taxable ValueLand$5,400Additions$33,600Total$39,000
Home Facts
Baths2Total Finished SqFt1,526 SqFtAbove Grade Finished SqFt1,526 SqFtStories2Lot Size2,850 SqFtStyleDuplexYear Built1912Zoning04 - FARMCountyONONDAGAAPN311500 009.-28-16.0

Schools near 1426 Lodi Street

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 6
Rating
School
Distance
Franklin Elementary School
PublicPK to 5

Grant Middle School
Public6 to 8

Salem Hyde Elementary School
PublicPK to 6

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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1426 Lodi Street is a multi-family home for sale in Syracuse, NY 13208. This property was listed for sale on April 12, 2024 by Acropolis Realty Group LLC, it's currently listed at $720,000. This listing's school district is Syracuse City School District. Nearby schools include Franklin Elementary School, Grant Middle School and Institute Of Technology At Syracuse Central. 1426 Lodi Street is a 2-bed, 2-bath, 1,526 sqft multi-family home built in 1912.

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 Acropolis Realty Group LLC

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.