$84,500
●
Multifamily -
In Contract
606 W Newell Street #8
Syracuse, NY 13205
6 Beds
2 Baths
$590
Estimated Monthly
$0
HOA / Fees
118.23%
Cap Rate
About This Property
With two separate units, this property provides the advantage of
dual income streams, ensuring financial stability and maximizing
your investment returns. Each unit offers ample living space, 3
bedrooms, and private entrances, providing flexibility for various
living arrangements. Whether accommodating tenants, extended family
members, or utilizing one unit as an income-generating rental, this
property adapts to diverse needs. Investors can rest assured
knowing that regular upkeep and proactive management add to the
property's long-term value and appeal. With the steady demand for
rental housing in the area and the potential for rental income
growth, this property represents a sound investment opportunity
with the promise of attractive returns and appreciation over time.
Unit Size
-
Days on Market
-
Land Size
0.12 acres
Price per sqft
-
Property Type
Multifamily
Property Taxes
$175
HOA Dues
-
Year Built
-
Listed By
Last updated: 2 days ago (NYSAMLS #S1523153)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| May 6, 2024 | In contract | - | |
| In contract | |||
| Mar 22, 2024 | Relisted | $84,500 | |
| Relisted | |||
| Mar 18, 2024 | In contract | - | |
| In contract | |||
| Mar 7, 2024 | Listed by Acropolis Realty Group LLC | $84,500 | |
| Listed by Acropolis Realty Group LLC | |||
Property Highlights
Parking Details
Parking Features: Paved, Twoor More Spaces
Interior Details
Bedroom Information
Bedrooms: 6
Bathroom Information
Full Bathrooms: 2
Interior Information
Appliances: Gas Water Heater
Flooring Type: Hardwood, Laminate, Tile, Varies
Basement Information
Has Basement
Full
Exterior Details
Property Information
Road Frontage Type: CityStreet
Property Condition: Resale
Year Built: 1925
Building Information
Roof: Asphalt
Construction Materials: Vinyl Siding
Lot Information
NearPublicTransit, Rectangular, ResidentialLot
Lot Size Dimensions: 40X132
Lot Size Acres: 0.1212
Lot Size Square Feet: 5280
Land Information
Land Assessed Value: $0
Financial Details
Tax Assessed Value: $35,000
Tax Annual Amount: $2,094
Utilities Details
Heating Type: Gas, Forced Air
Utilities: Sewer Connected, Water Connected
606 W Newell Street #8, Syracuse, NY, 13205
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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
Sold
Multifamily
6
Beds
2
Baths
-
$82,000
Apr 6, 2023
$82,000
Jul 27, 2023
$267/mo
House
3
Beds
2
Baths
-
$78,000
Mar 23, 2023
$78,000
May 24, 2023
$156/mo
House
4
Beds
1
Bath
-
$78,000
Mar 23, 2023
$78,000
May 24, 2023
$155/mo
In Contract
Multifamily
6
Beds
2
Baths
-
$80,000
Sep 11, 2023
-
$221/mo
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Owner | Listed By |
|---|
Building Info
606 West Newell Street
606 West Newell Street, Syracuse, NY 13205
- 1 Unit for Sale
About Southside
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Last Updated: 2 days ago
Data Source: NYSAMLSs, MLS# S1523153
Data Source: NYSAMLSs, MLS# S1523153
Courtesy of RH Advisors, Inc. and RHP Realty NJ, Inc.
