416 Bear Street

Syracuse, NY 13208

$138,000
Price
4
Beds
2
Baths
1,824 Sq. Ft.
$76 / Sq. Ft.
1,824
Sq. Ft.
$76
per Sq. Ft.

Description

This is part of 8-unit package consisting of four 2-family homes. They are located in the northside and Hawley Green area. Within proximity to downtown, highway, stores & school. This 2-family residence has two long term tenants. Separate utilities, furnaces & hot water heaters are all fairly new and in good working condition. Downstair has updated kitchen & bathroom. All together there are over 13% cash on cash return. Asking price for the package is $555,000.This is part of 8-unit package consisting of four 2-family homes. They are located in the northside and Hawley Green area. Within proximity to downtown, highway, stores & school. This 2-family residence has two long term tenants. Separate utilities, furnaces & hot water heaters are all fairly new and in good working condition. Downstair has updated kitchen & bathroom. All together there are over 13% cash on cash return. Asking price for the package is $555,000.
  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 416 Bear Street

Styles Of Residence
Duplex
On Waterfront
No
Parking Description
Twoor More Spaces
Nearest Cross Street
Carbon St.

Location

Listing Courtesy of Coldwell Banker Prime Prop,Inc
Add your commute
LISTING UPDATED: 04/11/2024 03:13 PM

Property Details for 416 Bear Street

StatusActive
MLS #S1523652
Days on Market50
Taxes$2,897 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti Family / Residential
Year Built1880
Lot Size0.06 AC / 2,450 SF
CountyOnondaga County

Location

Listing Courtesy of Coldwell Banker Prime Prop,Inc
Add your commute

Building Information for 416 Bear Street

Stories2Residences2Year Built1880Building Size-Lot Size0.06 AC / 2,450 SF

Payment Calculator

$995 per month

30 year fixed, 7.25% Interest

Principal and Interest

$753

Property Taxes

$241

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 416 Bear 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: Yes
Parking
  • Garage Spaces per Apt: .00
Taxes and HOA Information
  • Area NYSWIS Code: Syracuse City-311500
  • Tax Annual Amount: $2,897.00
Property
Lot Information
  • Building Area Source: Public Records
  • Building Area Total: 1824.0
  • Land Features: Near Public Transit, Residential Lot
  • Num Of Acres: 0.0563
  • Lot Size Area: 0.0563
  • Lot Size Square Feet: 2450.0
  • Lot Size Units: Acres
  • Parcel Number: 311500-002-000-0023-006-000-0000
  • Road Frontage: City Street
  • Lot Number: 6
Property and Assessments
  • Property Condition: Resale
  • Assessed Value: $55,000
  • Year Built: 1880
  • Year Built Description: Existing
  • Zoning Description: Residential 2 Unit
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: Wood Siding, Copper Plumbing
  • Exterior Features: Deck
  • Foundation Description: Stone
  • Patio And Porch Features: Deck
  • Roof Description: Asphalt, Shingle
Interior Features
  • Appliances: Gas Water Heater
  • Basement Description: Full
  • Basement YN: Yes
  • Num Of Possible Bedrooms: 4
  • Num Fireplaces Total Calculated: 0
  • Fireplace YN: No
  • Floor Description: Carpet, Laminate, Varies
  • Heating: Gas, Forced Air
  • Heating YN: Yes
  • Levels: Two
  • Sq Ft Total: 1824.0
  • Main Level Bathrooms: 0
Multi Family
Multi-Family Information
  • Gross Annual Income: $21,420.00
  • Net Operating Income: $16,423.00
  • Number Of Units In Community: 2
  • Number Of Units Total: 2
  • Operating Expenses: $2,100.00
  • Operating Expense Includes: Insurance, Snow Removal, Water Sewer
  • Stories: 2
  • Stories Total: 2
Unit 1
  • Unit Type Actual Rent: $800.00
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 2
  • Features: ,Eat-In Kitchen
  • Unit Type Total Rent: $800.00
  • Unit Type Num Full Baths: 1
  • Unit Type Num Half Baths: 0
  • Unit Type Actual Rent Range: 800
Unit 2
  • Unit Type Actual Rent: $985.00
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 2
  • Features: ,Eat-In Kitchen
  • Unit Type Total Rent: $985.00
  • Unit Type Num Full Baths: 1
  • Unit Type Num Half Baths: 0
  • Unit Type Actual Rent Range: 985
Rental
Rental Information
  • Rent Includes: Water
  • Lease Amount Per Area Unit: Dollars Per Square Foot

Property History for 416 Bear 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 416 Bear Street

Taxable ValueLand$5,700Additions$49,300Total$55,000
Home Facts
Baths2Total Finished SqFt1,824 SqFtAbove Grade Finished SqFt1,824 SqFtStories2Lot Size2,442 SqFtStyleDuplexYear Built1880Zoning02 - SINGLE RCountyONONDAGAAPN311500 002.-23-06.0

Schools near 416 Bear 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
Webster 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.

Similar Homes

Sorry, we can't find any similar homes at this time. Please check back later.

Similar Sold Homes

Sorry, we can't find any similar sold homes at this time. Please check back later.

416 Bear Street is a multi-family home for sale in Syracuse, NY 13208. This property was listed for sale on March 7, 2024 by Coldwell Banker Prime Prop,Inc, it's currently listed at $138,000. It has been on the market for a total of 50 days and was last sold on December 3, 2021. This listing's school district is Syracuse City School District. Nearby schools include Webster Elementary School, Grant Middle School and PUBLIC SERVICE LEADERSHIP ACADEMY AT FOWLER. 416 Bear Street is a 4-bed, 2-bath, 1,824 sqft multi-family home built in 1880.

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 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.