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273 N Collingwood AVE Syracuse, NY 13206
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Key Details
Sold Price $215,000
Property Type Multi-Family
Sub Type Multi Family
Listing Status Sold
Purchase Type For Sale
Square Footage 2,160 sqft
Price per Sqft $99
Subdivision Lavonia
MLS Listing ID S1523993
Sold Date 05/06/24
Style Triplex
Bedrooms 6
Full Baths 3
Construction Status Existing
HOA Y/N No
Year Built 1960
Annual Tax Amount $3,694
Lot Size 4,399 Sqft
Acres 0.101
Lot Dimensions 40X110
Property Sub-Type Multi Family
Property Description
Very strong rental history with this fully occupied 3-unit residential property in the heart of Eastwood just blocks away from shopping, restaurants and bus line. Recent updates include new rear lower roof (2023), new hot water tank (Apt.#2, 2022), new hot water tank (Apt.#1, 2021), renovated bathroom (Apt.#2, 2021), and renovated bathroom (Apt.#1, 2019). This property also features a 2-car garage, low maintenance vinyl siding, and a huge blacktop driveway for up to 4 vehicles. With over $29,000 in annual gross income and 7%+cap rate, this well-maintained property is a gem looking to join your investment portfolio. All tenants are on a month-to-month lease. For homeowners, live here and let the rents pay your mortgage! INVESTOR ALERT: build an instant portfolio by purchasing this property as a package with 309 Woodruff Avenue (MLS #S1523994) and 122 Reed Avenue (MLS #S1523992)
Location
State NY
County Onondaga
Community Lavonia
Area Syracuse City-311500
Direction From James Street (near the Palace Theater) turn north onto N. Collingwood Avenue. The property is on the left about 2 blocks up.
Rooms
Basement Full
Interior
Heating Gas, Forced Air
Flooring Hardwood, Other, See Remarks, Varies
Fireplace No
Appliance Gas Water Heater
Exterior
Exterior Feature Fence
Garage Spaces 2.0
Fence Partial
Utilities Available Sewer Connected, Water Connected
Roof Type Asphalt,Other,See Remarks
Garage Yes
Building
Lot Description Near Public Transit, Residential Lot
Story 2
Foundation Other, See Remarks
Sewer Connected
Water Connected, Public
Architectural Style Triplex
Level or Stories Two
Structure Type Vinyl Siding,Copper Plumbing
Construction Status Existing
Schools
School District Syracuse
Others
Tax ID 311500-023-000-0013-007-000-0000
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Financing Conventional
Special Listing Condition Standard
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Bought with Divergence Realty Group LLC