514 Danforth Street

Syracuse, NY 13208

$139,000
Price
6
Beds
2
Baths
2,784 Sq. Ft.
$50 / Sq. Ft.
2,784
Sq. Ft.
$50
per Sq. Ft.

Description

This is part of 8-unit package deal consisting of four 2-family homes including 1350 Oak St., 126 Gertrude St., 416 Bear St. & 514 Danforth St. Asking price of $555,000 within proximity to downtown, Little Italy, highway and stores. Over 13% of cash on cash return.This is part of 8-unit package deal consisting of four 2-family homes including 1350 Oak St., 126 Gertrude St., 416 Bear St. & 514 Danforth St. Asking price of $555,000 within proximity to downtown, Little Italy, highway and stores. Over 13% of 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 514 Danforth Street

On Waterfront
No
Parking Description
Concrete, Twoor More Spaces
Nearest Cross Street
Park

Location

Listing Courtesy of Coldwell Banker Prime Prop,Inc
Add your commute
LISTING UPDATED: 04/11/2024 03:08 PM

Property Details for 514 Danforth Street

StatusActive
MLS #S1523655
Days on Market51
Taxes$3,481 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti Family / Residential
Year Built1910
Lot Size0.12 AC / 5,280 SF
CountyOnondaga County

Location

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

Building Information for 514 Danforth Street

Stories2Residences2Year Built1910Building Size-Lot Size0.12 AC / 5,280 SF

Payment Calculator

$1,049 per month

30 year fixed, 7.25% Interest

Principal and Interest

$759

Property Taxes

$290

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 514 Danforth 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: $3,481.00
Property
Lot Information
  • Building Area Source: Public Records
  • Building Area Total: 2784.0
  • Land Features: Near Public Transit, Residential Lot
  • Num Of Acres: 0.1212
  • Lot Size Area: 0.1212
  • Lot Size Square Feet: 5280.0
  • Lot Size Units: Acres
  • Parcel Number: 311500-007-000-0020-005-000-0000
  • Road Frontage: City Street
  • Lot Number: 5
Property and Assessments
  • Property Condition: Resale
  • Assessed Value: $70,700
  • Year Built: 1910
  • Year Built Description: Existing
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, 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, Walk Out Access
  • Basement YN: Yes
  • Num Of Possible Bedrooms: 6
  • Num Fireplaces Total Calculated: 0
  • Fireplace YN: No
  • Floor Description: Carpet, Resilient, Varies
  • Heating: Gas, Forced Air
  • Heating YN: Yes
  • Levels: Two
  • Sq Ft Total: 2784.0
  • Main Level Bathrooms: 0
Multi Family
Multi-Family Information
  • Gross Annual Income: $27,000.00
  • Net Operating Income: $21,419.00
  • 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: $1,025.00
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 3
  • Features: Oven/ Range,Refrigerator,Eat-In Kitchen,Formal Dining Room,Living Room
  • Unit Type Total Rent: $1,025.00
  • Unit Type Num Full Baths: 1
  • Unit Type Num Half Baths: 0
  • Unit Type Actual Rent Range: 1025
Unit 2
  • Unit Type Actual Rent: $1,225.00
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 3
  • Features: Oven/ Range,Refrigerator,Eat-In Kitchen,Formal Dining Room,Living Room
  • Unit Type Total Rent: $1,225.00
  • Unit Type Num Full Baths: 1
  • Unit Type Num Half Baths: 0
  • Unit Type Actual Rent Range: 1225
Rental
Rental Information
  • Rent Includes: Water
  • Lease Amount Per Area Unit: Dollars Per Square Foot

Property History for 514 Danforth 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 514 Danforth Street

Taxable ValueLand$9,200Additions$61,500Total$70,700
Home Facts
Baths2Total Finished SqFt2,784 SqFtAbove Grade Finished SqFt2,784 SqFtStories2Lot Size5,280 SqFtStyleDuplexYear Built1910Zoning02 - SINGLE RCountyONONDAGAAPN311500 007.-20-05.0

Schools near 514 Danforth 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

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514 Danforth 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 $139,000. It has been on the market for a total of 51 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 Institute Of Technology At Syracuse Central. 514 Danforth Street is a 6-bed, 2-bath, 2,784 sqft multi-family home built in 1910.

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.