240-42 Genesee Park Dr

Syracuse, NY 13224

$270,000
Price
9
Beds
3,612 Sq. Ft.
$75 / Sq. Ft.
3,612
Sq. Ft.
$75
per Sq. Ft.

Description

Outstanding 3-family between LeMoyne College and SU. It has a 2-car garage with ample parking. First floor is a 3-bedroom, 1 full bath. There are 4 bedrooms and 1 full bath in the 2 units. The two-bedrooms, 1 full bath on the 3rd unit. Both 2nd and 3rd units are all updated and remodeled. Tenants pay their own utilities. There are replacement windows in each unit. Great income producers and with upside potential of 14% cash on cash return.Outstanding 3-family between LeMoyne College and SU. It has a 2-car garage with ample parking. First floor is a 3-bedroom, 1 full bath. There are 4 bedrooms and 1 full bath in the 2 units. The two-bedrooms, 1 full bath on the 3rd unit. Both 2nd and 3rd units are all updated and remodeled. Tenants pay their own utilities. There are replacement windows in each unit. Great income producers and with upside potential of 14% cash on cash return.
  1. Listed by Susan Li • Coldwell Banker Prime Prop,Inc
    P: (315)-446-2910 C: (315)-446-2910 Susan.Li@coldwellbankerprime.com

Property Details for 240-42 Genesee Park Drive

Subdivision Comm Complex
Fairview
Styles Of Residence
Triplex
On Waterfront
No
Parking Description
Paved, Two Or More Spaces
Nearest Cross Street
Salt Springs
LISTING UPDATED: 06/13/2025 12:48 PM

Property Details for 240-42 Genesee Park Drive

StatusActive
MLS #S1482290
Days on Market738
Taxes$4,523 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti Family / Residential
Year Built1930
Lot Size0.14 AC / 6,006 SF
CountyOnondaga County

Location

Listing Courtesy of Coldwell Banker Prime Prop,Inc
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Building Information for 240-42 Genesee Park Drive

Stories2Residences3Year Built1930Building Size-Lot Size0.14 AC / 6,006 SF

Payment Calculator

$1,792 per month

30 year fixed, 6.845% Interest

Principal and Interest

$1,415

Property Taxes

$377

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 240-42 Genesee Park Drive

Summary
Location and General Information
  • Elementary School District: Syracuse
  • High School District: Syracuse
  • Middle Or Junior School District: Syracuse
  • Village: Not Applicable
  • Human YN: Yes
Parking
  • Garage Spaces per Apt: 2.00
  • Garage YN: Yes
Taxes and HOA Information
  • Area NYSWIS Code: Syracuse City-311500
  • Tax Annual Amount: $4,523.00
Property
Lot Information
  • Building Area Source: Public Records
  • Building Area Total: 3612.0
  • Land Features: Near Public Transit, Residential Lot
  • Num Of Acres: 0.1379
  • Lot Size Area: 0.1379
  • Lot Size Square Feet: 6006.0
  • Lot Size Units: Acres
  • Parcel Number: 311500-037-000-0010-012-000-0000
  • Road Frontage: City Street
  • Lot Number: 12
Property and Assessments
  • Property Condition: Resale
  • Senior Community YN: No
  • Assessed Value: $85,800
  • Year Built: 1930
  • Year Built Description: Existing
Utilities
  • Electric Service: Circuit Breakers
  • Num Of Electric Meters: 3
  • Num Of Gas Meters: 3
  • Sewer Description: Connected
  • Utilities Available: Cable Available, Sewer Connected, Water Connected
  • Water Supply: Connected, Public
Interior and Exterior Features
Exterior Features
  • Construction Materials: Wood Siding, Copper Plumbing
  • Exterior Features: Balcony
  • Foundation Description: Stone
  • Patio And Porch Features: Balcony
  • Roof Description: Asphalt, Shingle
Interior Features
  • Appliances: Gas Water Heater
  • Basement Description: Full
  • Basement YN: Yes
  • Num Of Possible Bedrooms: 9
  • Num Fireplaces Total Calculated: 0
  • Fireplace YN: No
  • Floor Description: Hardwood, Laminate, Varies
  • Heating: Gas, Forced Air
  • Heating YN: Yes
  • Levels: Two
  • Sq Ft Total: 3612.0
  • Main Level Bathrooms: 0
Multi Family
Multi-Family Information
  • Gross Annual Income: $50,400.00
  • Net Operating Income: $41,677.00
  • Number Of Units In Community: 3
  • Number Of Units Total: 3
  • Operating Expenses: $4,200.00
  • Operating Expense Includes: Insurance, Professional Management, Water Sewer
  • Stories: 2
  • Stories Total: 2
Unit 1
  • Unit Type Actual Rent: $1,200.00
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 3
  • Features: Oven/ Range,Refrigerator,Den/Family Room,Formal Dining Room
  • Unit Type Total Rent: $1,200.00
  • Unit Type Num Full Baths: 1
  • Unit Type Num Half Baths: 0
  • Unit Type Actual Rent Range: 1200
Unit 2
  • Unit Type Actual Rent: $1,200.00
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 2
  • Features: Oven/ Range,Refrigerator,Den/Family Room,Formal Dining Room
  • Unit Type Total Rent: $1,200.00
  • Unit Type Month To Month YN: Yes
  • Unit Type Num Full Baths: 1
  • Unit Type Num Half Baths: 0
  • Unit Type Actual Rent Range: 1200
Unit 3
  • Unit Type Actual Rent: $1,800.00
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 4
  • Features: Oven/ Range,Refrigerator,Den/Family Room,Formal Dining Room
  • Unit Type Total Rent: $1,800.00
  • Unit Type Month To Month YN: Yes
  • Unit Type Num Full Baths: 1
  • Unit Type Num Half Baths: 0
  • Unit Type Actual Rent Range: 1800
Rental
Rental Information
  • Rent Includes: Water
  • Lease Amount Per Area Unit: Dollars Per Square Foot

Property History for 240-42 Genesee Park Drive

DateEvent & SourcePriceAppreciation
Jul 8, 2023

Listed (Active)

WNYREIS #S1482290

$280,000
DateEvent & SourcePrice
07/08/2023

Listed (Active)

WNYREIS #S1482290

$280,000

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

Schools near 240-42 Genesee Park Drive

This home is within Syracuse City School District.
Rating
School
Type
Grades
Distance
Public - PK to 8
Public - 9 to 12
Public - 6 to 8
Public - 9 to 12
Rating
School
Distance
Hurlbut W Smith K 8 School
PublicPK to 8

Nottingham High School
Public9 to 12

Expeditionary Learning Middle School
Public6 to 8

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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240-42 Genesee Park Drive is a multi-family home for sale in Syracuse, NY 13224. This property was listed for sale on July 8, 2023 by Coldwell Banker Prime Prop,Inc, it's currently listed at $270,000. This listing's school district is Syracuse City School District. Nearby schools include Hurlbut W Smith K 8 School, Nottingham High School and Expeditionary Learning Middle School. 240-42 Genesee Park Drive is a 9-bed, 3-bath, 3,612 sqft multi-family home built in 1930.

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. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Coldwell Banker Prime Prop,Inc

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.