1339 Butternut Street

Syracuse NY 13208

4164 sq. ft.

3951 sq. ft.

Multi-Family

Last sold for $80,500

Tony D Anzica, last sold this property on 12 October 2022 after 593 days on market.

Overview

Enormous potential awaits you in this rare 4-unit property. This property is PRICED TO SELL! Close to shopping, downtown, parks & bus lines, this conveniently located property contains 3 1BR /1BA apartments, 1 2BR /1BA apartment (each with separate gas/electric meters), off-street parking, 2-car garage and the following upgrades: new roof (2019), new furnace (2019, Apt#2); new hot water tank, toilet & 2 new windows (2016, Apt#3), new bathroom sink/toilet (2017, Apt#4); new bathroom tub surround including new shower valve, shower water supply lines and tub spout (2021, Apt.#4); fully remodeled bathroom, including plumbing (2017, Apt#1); new kitchen floor & 3 new windows (2019, Apt.#1); new gas stove (2020, Apt.#4); new refrigerators (2018, Apt.#3 & 2020, Apt.#1). Soffit/fascia was repaired in 2020 and aluminum siding was repaired in 2019. A Certificate of Compliance was issued in June 2019. Apt.#2 needs work, but even when factoring the cost of renovations this investment property still yields 10+% cap rate when fully occupied. Apts. #2 and 4 are vacant and will remain vacant for now for ease of showing. Tenant in Apt.#3 is scheduled to vacate July 31. Property will be sold "AS IS".

Features

2 carspaces

2 garage spaces

4164 sq. ft. floor area

3951 sq. ft. lot size

Multi-Family

Estimated Value

Based on this property and similar multi families sold in Syracuse over the last 12 months, the estimated median property value of 1339 Butternut Street is $155.5k.

Median value

$155.5k

Estimated value range

$1.05k - $315k

Median days on market

Estimated value trend

increase over the last 12 months

Average days on market is based on recent, comparable sales in Syracuse. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 1339 Butternut Street

2022

Sold

$80,500

12 Oct 2022 by Tony D Anzica, of Dynamax Realty, Inc.

Happy sellers in Syracuse

We have insufficient information to provide an overview of customer satisfaction for Syracuse. Viewing the agent profiles, reviews and sales for Syracuse can provide insights for this location.