Syracuse, NY 13207,1040 W Colvin ST

$80,000

$95,000

15.8%
Est.Price: ?

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Est. payment /mo

2,520 SqFt


SOLD DATE : 11/01/2021

Key Details

Sold Price $80,000

Property Type Multi-Family

Sub Type Multi Family

Listing Status Sold

Purchase Type For Sale

Square Footage 2,520 sqft

Price per Sqft $31

Subdivision Bissell & Hunt

MLS Listing ID S1361841

Sold Date 11/01/21

Construction Status Existing

HOA Y/N No

Year Built 1925

Annual Tax Amount $2,180

Lot Size 5,227 Sqft

Acres 0.12

Lot Dimensions 39X132

Property Sub-Type Multi Family

Property Description

2-unit investment property. Interior and exterior of the building was totally renovated 3 years ago. Brand new Roof and sub-roof, New Furnaces and Hot Water tanks, entirely new electrical throughout house, mostly new plumbing, all new fixtures throughout, hardwood floors refinished, new kitchens, bathrooms etc. The property brings in a yearly rental income of $19,080. Net Operating income of $13,501. Cap rate of 14.21%

Location

State NY

County Onondaga

Community Bissell & Hunt

Area Syracuse City-311500

Direction From I-690 E. Take exit onto I-81 S. toward Binghamton. Take exit 17 for S. State St. Turn left on S. State St. and then right onto E. Brighton. Right onto Hunt Ave, left onto Elmhurst, and right onto Randall. House straight ahead.

Rooms

Basement Full

Interior

Heating Gas, Forced Air

Flooring Hardwood, Tile, Varies

Fireplace No

Appliance Gas Water Heater

Exterior

Exterior Feature Balcony, Deck

Garage Spaces 2.0

Utilities Available Sewer Available, Water Connected

Waterfront Description Other,See Remarks

Roof Type Asphalt

Porch Balcony, Deck

Garage Yes

Building

Lot Description Other, Rectangular, See Remarks

Story 2

Foundation Block

Water Connected, Public

Level or Stories Two

Structure Type Vinyl Siding

Construction Status Existing

Schools

School District Syracuse

Others

Tax ID 311500-083-000-0011-032-000-0000

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Financing Cash

Special Listing Condition Standard

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Listed by Iron Horn Enterprises
Bought with eXp Realty
agent
Celeste Greiner

Broker Associate | License ID: 10301219405

+1(315) 430-0030 | celeste.ccgrealty@gmail.com

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