Price Reduction
Address
1426 Lodi Street, Syracuse, NY
Price
$ 680,000
Property Attributes
- MLS#S1530876
- TypeSingle Family
- CountyONONDAGA
- CitySyracuse
- AreaSyracuse City
- Zip13208
- StyleDuplex
- Year Built1912
- Taxes$ 2635
- Price$ 680,000
- Bedrooms2
- Full Bathrooms2
- Half Bathrooms0
- Sqr Footage1526
- Lot Size2,840 SqFt
Data Source:
Central New York Information Services (CNYIS)
Property 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 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.
| Price History | |
|---|---|
| 4/12/2024 | Listed $720,000 |
| 4/29/2024 | 6% - $680,000 |
General Features
| Interior Features | CeilingFans |
|---|---|
| Sewer | Connected |
| Heating | Gas,ForcedAir |
| Utilities | SewerConnected,WaterConnected |
| Possession | Closing,Negotiable |
| Roof | Asphalt |
| Appliances | GasWaterHeater |
| Garage Spaces | 0.0 |
| Architectural Style | Duplex |
| Construction Materials | VinylSiding |
| Year Built | 1912 |
| Electric | CircuitBreakers |
| Stories | 2 |
| Township | Not Applicable |
| Levels | Two |
| Property SubType | Duplex |
| Gross Income | 20700.0 |
| OwnerPays | Water |
| County | Onondaga |
| Property Type | Residential |
| Rent Includes | Water |
| Status | Active |
| Directions | Follow Lodi St going Northwest. Once crossing Butternut St 1426 Lodi will be on your right. |
| City | Syracuse |
| High School District | Syracuse |
| Total Units | 2 |
| MLS Area | Syracuse City-311500 |
| Lot Size Square Feet | 2841.0 |
| Waterfront Y/N | No |
| Street Name | Lodi |
| Year Built Details | Existing |
| Tax Annual Amount | 2635.0 |
| Property Condition | Resale |
| Virtual Tour | https://www.propertypanorama.com/instaview/syr/S1530876 |
| Days on Market | 17 |
| Structure Type | Duplex |
| Standard Status | Active |
| Middle/Junior School District | Syracuse |
| Elementary School District | Syracuse |
| Tax Assessed Value | 39000 |
| TaxOtherAnnualAssessmentAmount | 0.0 |
| Tax Lot | 16 |
| Virtual Tour | https://www.propertypanorama.com/instaview-tour/syr/S1530876 |
| Property Sub Type Additional | Duplex |
Interior Features
| Basement | Full |
|---|---|
| Flooring | Carpet,Laminate,Varies,Vinyl |
| Total Stories | 2 |
| Basement (Y/N) | Yes |
| Heating Y/N | Yes |
| Fireplace Y/N | No |
| Full Baths | 2 |
| Street Suffix | Street |
| Total Bedrooms | 2 |
| Total Baths | 2 |
Exterior Features
| Parking Features | NoDriveway |
|---|---|
| Lot Features | NearPublicTransit |
| Water Source | Connected,Public |
| Lot Size Area | 0.0652 |
| Foundation Details | Block |
| Building Area Total | 1526.0 |
| Lot Dimensions | 25X113 |
| Lot Size Acres | 0.0652 |
| Lot Size Units | Acres |
| Number of Separate Gas Meters | 2 |
| Number of Separate Electric Meters | 2 |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Single Family Average in 13208
Price
Taxes
Visits
Year Built
The Greater Syracuse Association of REALTORS ®: The data relating to real estate on this web site comes in part from the Internet Data Exchange (IDX) Program of the CNYIS, powered by CNYIS. Real estate listings held by firms other than NextHome CNY Realty, are marked with the IDX logo and detailed information about them includes the Listing Broker's Firm Name. All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change
The data relating to real estate on this web site comes in part from the Internet Data Exchange (IDX) Program of NYSAMLS. Real estate listings held by firms other than NextHome CNY Realty, are marked with the IDX logo and detailed information about them includes the Listing Brokers Firm Name.
Disclaimer: All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither the listing broker(s) nor NextHome
