524 Ontario Street
Pending
Pending
Description
All units are vacant, 2 are move in condition, while 2 are awaiting your finishing touches! 10 beds 4 baths!...Can you say CASH COW?! Extremely rare 4-unit income-producing property located in the heart of East Utica. This partially renovated gem offers an incredible opportunity for investors seeking a high cash flow property in a market that continues to appreciate! Or imagine getting paid to live here! Live in one unit and let your tenants pay your mortgage, taxes, and insurance! Property Highlights:
All units are vacant, 2 are move in condition, while 2 are awaiting your finishing touches! 10 beds 4 baths! The property features two spacious 3-bedroom, 1-bathroom apartments and two comfortable 2-bedroom, 1-bathroom apartments, providing a variety of living spaces for tenants. Each unit has its own separate utilities, ensuring ease of management and potential for increased rental income. Market rent on 3 bd apts in Utica is $1,300.00, while 2 bd apts are $1125! Prime Location: Situated in a desirable neighborhood, close to schools, parks, shopping, and public transportation, attracting a steady stream of potential tenants. The recent renovations ensure minimal immediate expenses. Don't miss out on this fantastic investment opportunity!
- Listed by John C. Brown • Coldwell Banker Faith Properties IlP: (315)-574-2260 C: (315)-570-6640 john@johnbrownsells.com
Property Details for 524 Ontario Street
Property Details for 524 Ontario Street
| Status | Pending |
|---|---|
| MLS # | S1575273 |
| Days on Market | 18 |
| Taxes | $3,238 / year |
| HOA Fees | - |
| Condo/Co-op Fees | - |
| Compass Type | Multi Family |
| MLS Type | Multi Family / Residential |
| Year Built | 1950 |
| Lot Size | 0.11 AC / 4,800 SF |
| County | Oneida County |
Building Information for 524 Ontario Street
Property Information for 524 Ontario Street
- Elementary School District: Utica
- High School District: Utica
- Middle Or Junior School District: Utica
- Village: Not Applicable
- Human YN: No
- Garage Spaces per Apt: .00
- Area NYSWIS Code: Utica-City-301600
- Tax Annual Amount: $3,238.00
- Virtual Tour URL: https://www.propertypanorama.com/instaview/syr/S1575273
- Building Area Source: Assessor
- Building Area Total: 5508.0
- Land Features: Other, Near Public Transit, Rectangular, See Remarks
- Num Of Acres: 0.1102
- Lot Size Area: 0.1102
- Lot Size Square Feet: 4800.0
- Lot Size Units: Acres
- Parcel Number: 301600-319-072-0003-044-000-0000
- Lot Number: 44
- Property Condition: Resale
- Senior Community YN: No
- Assessed Value: $45,000
- Year Built: 1950
- Year Built Description: Existing
- Zoning Description: Residential Multi Use
- Num Of Electric Meters: 4
- Num Of Gas Meters: 4
- Sewer Description: Connected
- Utilities Available: Sewer Connected, Water Connected
- Water Supply: Connected, Public
- Construction Materials: Vinyl Siding
- Foundation Description: Stone
- Appliances: Gas Water Heater
- Basement Description: Full
- Basement YN: Yes
- Num Of Possible Bedrooms: 10
- HVAC Type: Other, See Remarks
- Num Fireplaces Total Calculated: 0
- Fireplace YN: No
- Floor Description: Hardwood, Laminate, Varies, Vinyl
- Heating: Gas, Other, See Remarks, Forced Air, Space Heater
- Heating YN: Yes
- Levels: Two
- Sq Ft Total: 5508.0
- Main Level Bathrooms: 0
- Number Of Units In Community: 4
- Number Of Units Total: 4
- Operating Expense Includes: Other, See Remarks, Water Sewer
- Stories: 2
- Stories Total: 2
- Unit Type Actual Rent: $1,125.00
- Unit Type Baths Total: 1
- Unit Type Beds Total: 2
- Features: ,Den/Family Room,Other - See Remarks
- Unit Type Total Rent: $1,125.00
- Unit Type Num Full Baths: 1
- Unit Type Num Half Baths: 0
- Unit Type Actual Rent Range: 1125
- Unit Type Actual Rent: $1,125.00
- Unit Type Baths Total: 1
- Unit Type Beds Total: 2
- Features: ,Dining Area With Kitchen
- Unit Type Total Rent: $1,125.00
- Unit Type Num Full Baths: 1
- Unit Type Num Half Baths: 0
- Unit Type Actual Rent Range: 1125
- Unit Type Actual Rent: $1,300.00
- Unit Type Baths Total: 1
- Unit Type Beds Total: 3
- Features: ,Dining Area With Living Room
- Unit Type Total Rent: $1,300.00
- Unit Type Num Full Baths: 1
- Unit Type Num Half Baths: 0
- Unit Type Actual Rent Range: 1300
- Unit Type Actual Rent: $1,300.00
- Unit Type Baths Total: 1
- Unit Type Beds Total: 3
- Features: ,Dining Area With Living Room
- Unit Type Total Rent: $1,300.00
- Unit Type Num Full Baths: 1
- Unit Type Num Half Baths: 0
- Unit Type Occupant Type: Other
- Unit Type Actual Rent Range: 1300
- Rent Includes: Water
- Lease Amount Per Area Unit: Dollars Per Square Foot
Property History for 524 Ontario Street
| Date | Event & Source | Price | Appreciation |
|---|
| Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 524 Ontario Street
Schools near 524 Ontario Street
Rating | School | Type | Grades | Distance |
|---|---|---|---|---|
| Public - | K to 6 | |||
| Public - | 7 to 8 | |||
| Public - | 9 to 12 | |||
| Public - | K to 6 |
Rating | School | Distance |
|---|---|---|
Albany Elementary School PublicK to 6 | ||
John F Kennedy Middle School Public7 to 8 | ||
Thomas R Proctor High School Public9 to 12 | ||
Roscoe Conkling Elementary School PublicK to 6 |
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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Listing Courtesy of Coldwell Banker Faith Properties Il
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.
