$400,000
●
Commercial -
Off Market
2000 S Avenue & Glenwood Avenue
Syracuse, NY 13207
Studio
0 Bath
$411,462
RealtyHop Estimate
5.53%
Since Dec 1, 2022
National-US
Primary Model
About This Property
2000 South Ave is a Mixed-Use property that presents itself as a
money maker with additional value opportunity. With Potential gross
annual rent to be over $95,000 this property carries itself and
then some. The Current owner purchased property distressed
and has rehabbed common areas and multiple units throughout,
added several new water heaters/boilers, re-did rubber roof
and shingle roofs, and completed extensive electrical upgrades. The
current setup consists of 6 very large residential units (2) –Large
Two-bedrooms and (4) Large Three-bedroom units There are 3
commercial spaces at street level. One currently occupied by a
thriving convenience store. Separate electric and Gas metering
keeps tenants paying for all utilities except water. The property
recently brought in $5,000+/mth in gross rent not including the 1
occupied and 2 vacant commercial spaces. This rare property offers
lots of potential and ROI.
Unit Size
-
Days on Market
108 days
Land Size
0.11 acres
Price per sqft
-
Property Type
Commercial
Property Taxes
$604
HOA Dues
-
Year Built
1960
Last updated: 2 years ago (NYSAMLS #S1415037)
Price History
Date / Event | Date | Event | Price |
---|---|---|---|
Dec 13, 2022 | Sold | $400,000 | |
Sold | |||
Sep 26, 2022 | In contract | - | |
In contract | |||
Jul 30, 2022 | Listed by Hunt Real Estate ERA | $389,900 | |
Listed by Hunt Real Estate ERA |
Property Highlights
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Active
Commercial
Loft
1.5
Baths
7,273 ft²
$53/ft²
$389,000
Jul 8, 2021
-
$733/mo
Past Sales
Date | Unit | Beds | Baths | Sqft | Price | Closed | Owner | Listed By |
---|---|---|---|---|---|---|---|---|
07/30/2022
|
|
Loft
|
-
|
-
|
$389,900
Loft
-
|
$400,000
+2.59%
11/15/2022
|
-
|
Ryan Yamini
Hunt Real Estate ERA
|
12/27/2019
|
|
Studio
|
-
|
18594 ft²
|
$330,000
Studio
-
18594 ft²
|
-
-
|
-
|
Ryan Yamini
Hunt Real Estate ERA
|