1027 Highland Street, Unit 29

Syracuse, NY 13203

$720,000
Price
9
Beds
7,275 Sq. Ft.
$99 / Sq. Ft.
7,275
Sq. Ft.
$99
per Sq. Ft.

Description

Within walking distance to Schiller Park, downtown & stores, this 9-unit well kept, walk up garden apartment consists of 3 one-bedroom & 6 two-bedrooms. Most of the units have been updated and each apartment has a parking spot. Upper apartments have sliding glass door out to balcony area. There is a 2-car garage, on-site coin-op laundry area and two boiler systems. Landlord is absorbing the hot water & heat but tenants pay their own electricity. A great investment opportunity w/11% cash on cash return....Within walking distance to Schiller Park, downtown & stores, this 9-unit well kept, walk up garden apartment consists of 3 one-bedroom & 6 two-bedrooms. Most of the units have been updated and each apartment has a parking spot. Upper apartments have sliding glass door out to balcony area. There is a 2-car garage, on-site coin-op laundry area and two boiler systems. Landlord is absorbing the hot water & heat but tenants pay their own electricity. A great investment opportunity w/11% cash on cash return. Consistently a money maker and definitely a winner for your portfolio.
  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 1027 Highland Street, Unit 29

On Waterfront
No
Parking Description
One Space, Driveway, No Garage
Nearest Cross Street
Knaul St
LISTING UPDATED: 09/24/2024 01:57 PM

Property Details for 1027 Highland Street, Unit 29

StatusActive
MLS #S1529780
Days on Market191
Taxes$9,985 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti Family / Other
Year Built1975
Lot Size0.27 AC / 11,636 SF
CountyOnondaga County

Building Information for 1027 Highland Street, Unit 29

Stories3Residences9Year Built1975Building Size-Lot Size0.27 AC / 11,636 SF

Property Information for 1027 Highland Street, Unit 29

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
  • Garage YN: No
Taxes and HOA Information
  • Area NYSWIS Code: Syracuse City-311500
  • Tax Annual Amount: $9,985.00
Property
Lot Information
  • Building Area Source: Public Records
  • Building Area Total: 7275.0
  • Land Features: Near Public Transit, Residential Lot
  • Num Of Acres: 0.2671
  • Lot Size Area: 0.2671
  • Lot Size Square Feet: 11636.0
  • Lot Size Units: Acres
  • Parcel Number: 311500-010-000-0028-013-000-0000
  • Road Frontage: City Street
  • Lot Number: 13
Property and Assessments
  • Property Condition: Resale
  • Senior Community YN: No
  • Assessed Value: $175,000
  • Year Built: 1975
  • Year Built Description: Existing
  • Property Sub Type Additional: Other
Utilities
  • Electric Service: Circuit Breakers
  • Num Of Electric Meters: 11
  • Num Of Gas Meters: 0
  • Sewer Description: Connected
  • Utilities Available: Cable Available, Sewer Connected, Water Connected
  • Water Supply: Connected, Public
Interior and Exterior Features
Exterior Features
  • Community Features: Laundry Facilities
  • Construction Materials: Brick, Cedar, Shake Siding, Copper Plumbing
  • Exterior Features: Blacktop Driveway, Deck
  • Other Structures: Barns, Outbuilding
  • Patio And Porch Features: Deck
  • Roof Description: Asphalt, Shingle
Interior Features
  • Appliances: Electric Cooktop, Electric Water Heater, Refrigerator
  • Basement Description: Full
  • Basement YN: Yes
  • Num Of Possible Bedrooms: 9
  • Num Fireplaces Total Calculated: 0
  • Fireplace YN: No
  • Floor Description: Ceramic Tile, Hardwood, Laminate, Varies
  • Heating: Gas, Baseboard, Electric, Hot Water
  • Heating YN: Yes
  • Laundry Features: Coinoperated
  • Sq Ft Total: 7275.0
  • Main Level Bathrooms: 0
Multi Family
Multi-Family Information
  • Gross Annual Income: $110,100.00
  • Net Operating Income: $84,075.00
  • Number Of Units Total: 9
  • Operating Expenses: $16,040.00
  • Operating Expense Includes: Insurance, Other, See Remarks, Water Sewer
  • Stories: 3
  • Stories Total: 3
Rental
Rental Information
  • Rent Includes: Heat, Hot Water, Snow Removal, Trash Collection, Water
  • Lease Amount Per Area Unit: Dollars Per Square Foot

Property History for 1027 Highland Street, Unit 29

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 1027 Highland Street, Unit 29

Taxable ValueLand$20,700Additions$154,300Total$175,000
Home Facts
Total Finished SqFt7,275 SqFtAbove Grade Finished SqFt7,275 SqFtStories3Lot Size11,616 SqFtStyleMulti-Family Res (5+ Units)Year Built1975Zoning02 - SINGLE RCountyONONDAGAAPN311500 010.-28-13.0

Schools near 1027 Highland Street, Unit 29

This home is within Syracuse City School District.
Rating
School
Type
Grades
Distance
Public - PK to 6
Public - 6 to 8
Public - 9 to 12
Public - PK to 7
Rating
School
Distance
Franklin Elementary School
PublicPK to 6

Grant Middle School
Public6 to 8

Henninger High School
Public9 to 12

Salem Hyde Elementary School
PublicPK to 7

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.

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1027 Highland Street, Unit 29 is a multi-family home for sale in Syracuse, NY 13203. This property was listed for sale on April 10, 2024 by Coldwell Banker Prime Prop,Inc, it's currently listed at $720,000. It has been on the market for a total of 191 days and was last sold on December 2, 2022. This listing's school district is Syracuse City School District. Nearby schools include Franklin Elementary School, Grant Middle School and Henninger High School. 1027 Highland Street, Unit 29 is a 9-bed, 0-bath, 7,275 sqft multi-family home built in 1975.

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. Offers of compensation are subject to change at the discretion of the seller. 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.