312-14 Broad Street

Syracuse, NY 13210

$329,900
Price
6
Beds
2
Baths
2,364 Sq. Ft.
$140 / Sq. Ft.
2,364
Sq. Ft.
$140
per Sq. Ft.

Description

Turn key investment property, start to collect rents right after closing, lease expiration 7/2025. Location... Location... Location... This well-maintained multifamily property is a great investment opportunity for anyone looking to own a rental. There is a unit on the first floor and one on the second floor of the property. Each unit features 3 bedrooms, a full bath, a kitchen, and a comfortable living room area. The downstairs unit is currently occupied by a great long-term tenant. The upstairs...Turn key investment property, start to collect rents right after closing, lease expiration 7/2025. Location... Location... Location... This well-maintained multifamily property is a great investment opportunity for anyone looking to own a rental. There is a unit on the first floor and one on the second floor of the property. Each unit features 3 bedrooms, a full bath, a kitchen, and a comfortable living room area. The downstairs unit is currently occupied by a great long-term tenant. The upstairs unit is also occupied by a tenant. Currently, the rent paid by each tenant is on the lower end for the market of a 3-bedroom rental, and there is room to increase by any of the buyers; whether it's for a new tenant or slowly raise the rent for the current tenants. The property also has a driveway that can fit at least 2 vehicles. Situated in a convenient location in the University neighborhood; close proximity to schools, shopping, parks, and public transportation. This is a multi-family is a great rental investment that won't last long.
  1. Listed by Anthony Phan • WEICHERT, REALTORS-TBG
    P: (315)-637-0555 C: (315)-637-0555 anthonyphan712@yahoo.com

Property Details for 312-14 Broad Street

Subdivision Comm Complex
Kensington Park
On Waterfront
No
Parking Description
Paved, Two Or More Spaces
Nearest Cross Street
Buckingham Avenue
LISTING UPDATED: 10/02/2024 03:16 PM

Property Details for 312-14 Broad Street

StatusActive
MLS #S1564736
Days on Market64
Taxes$5,495 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti Family / Residential
Year Built1926
Lot Size0.13 AC / 5,632 SF
CountyOnondaga County

Building Information for 312-14 Broad Street

Stories2Residences2Year Built1926Building Size-Lot Size0.13 AC / 5,632 SF

Property Information for 312-14 Broad Street

Summary
Location and General Information
  • Elementary School Name: Edward Smith K-8
  • Elementary School District: Syracuse
  • High School Name: Nottingham High
  • 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: $5,495.00
Property
Lot Information
  • Building Area Source: Public Records
  • Building Area Total: 2364.0
  • Land Features: Other, Near Public Transit, Rectangular, Residential Lot, See Remarks
  • Num Of Acres: 0.1293
  • Lot Size Area: 0.1293
  • Lot Size Square Feet: 5632.0
  • Lot Size Units: Acres
  • Parcel Number: 311500-055-000-0002-004-000-0000
  • Road Frontage: City Street, Main Thoroughfare
  • Lot Number: 4
Property and Assessments
  • Property Condition: Resale
  • Senior Community YN: No
  • Assessed Value: $120,000
  • Year Built: 1926
  • 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, Pex Plumbing
  • Exterior Features: Balcony
  • Patio And Porch Features: Balcony
  • Roof Description: Asphalt
Interior Features
  • Appliances: Gas Water Heater
  • Basement Description: Full
  • Basement YN: Yes
  • Num Of Possible Bedrooms: 6
  • Num Fireplaces Total Calculated: 0
  • Fireplace YN: No
  • Floor Description: Carpet, Ceramic Tile, Hardwood, Varies
  • Heating: Gas, Forced Air
  • Heating YN: Yes
  • Levels: Two
  • Sq Ft Total: 2364.0
  • Main Level Bathrooms: 0
Multi Family
Multi-Family Information
  • Gross Annual Income: $34,800.00
  • Net Operating Income: $20,488.00
  • Number Of Units In Community: 2
  • Number Of Units Total: 2
  • Operating Expenses: $8,817.00
  • Operating Expense Includes: Insurance, Maintenance, Other, Professional Management, See Remarks
  • Stories: 2
  • Stories Total: 2
Unit 1
  • Unit Type Actual Rent: $1,250.00
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 3
  • Features: Dryer,Oven/ Range,Refrigerator,Washer,Eat-In Kitchen,Formal Dining Room,Living Room,Porch
  • Unit Type Total Rent: $1,250.00
  • Unit Type Leased YN: Yes
  • Unit Type Num Full Baths: 1
  • Unit Type Num Half Baths: 0
  • Unit Type Actual Rent Range: 1250
Unit 2
  • Unit Type Actual Rent: $1,650.00
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 3
  • Features: Dryer,Oven/ Range,Refrigerator,Washer,Eat-In Kitchen,Formal Dining Room,Living Room,Porch
  • Unit Type Total Rent: $1,650.00
  • Unit Type Leased YN: Yes
  • Unit Type Num Full Baths: 1
  • Unit Type Num Half Baths: 0
  • Unit Type Actual Rent Range: 1650
Rental
Rental Information
  • Rent Includes: Common Area Maintenance, Gardener
  • Lease Amount Per Area Unit: Dollars Per Square Foot

Property History for 312-14 Broad Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Schools near 312-14 Broad Street

This home is within Syracuse City School District.
Rating
School
Type
Grades
Distance
Public - PK to 8
Public - 9 to 12
Public - PK to 8
Public - PK to 7
Rating
School
Distance
Edward Smith K 8 School
PublicPK to 8

Nottingham High School
Public9 to 12

Syracuse Latin School
PublicPK to 8

Dr King 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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312-14 Broad Street is a multi-family home for sale in Syracuse, NY 13210. This property was listed for sale on September 14, 2024 by WEICHERT, REALTORS-TBG, it's currently listed at $329,900. This listing's school district is Syracuse City School District. Nearby schools include Edward Smith K 8 School, Nottingham High School and Syracuse Latin School. 312-14 Broad Street is a 6-bed, 2-bath, 2,364 sqft multi-family home built in 1926.

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 WEICHERT, REALTORS-TBG

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.