This property seems like a lucrative investment opportunity with its potential for high rental income. The fact that the owner has already made necessary repairs and painted the interior adds to its appeal. With two 3-bedroom apartments fetching an estimated rent of $1300 each, the gross annual income of $31,200 is promising.
For prospective buyers, the option of obtaining a mortgage with a 25% down payment of $21,250 makes it accessible, and the potential to recoup the down payment within the first year due to the high rental income is quite attractive.
Additionally, the property's amenities such as off-street parking, proximity to shopping areas, small backyard reducing maintenance, and its location near Route 81 entrance and only 2 miles from Syracuse University make it appealing for tenants, potentially ensuring consistent occupancy.
Buyers are encouraged to consult with their agent or loan officer to assess the financial feasibility of this investment and to consider the potential for long-term returns. Overall, it appears to be a promising opportunity in the real estate market.
Closed
$103,000
3401 S Salina St, Syracuse, NY 13205
6beds
2,844sqft
Duplex, Multi Family
Built in 1931
-- sqft lot
$174,700 Zestimate®
$36/sqft
$1,739 Estimated rent
Home value
$174,700
$148,000 - $204,000
$1,739/mo
Zestimate® history
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List your homeWhat's special
Proximity to shopping areasSmall backyardPainted the interior
Zillow last checked:
Listing updated:
Listed by:
George C. Congel 315-458-9000,
Century 21 Tucci Realty
Bought with:
George C. Congel, 30CO0951760
Century 21 Tucci Realty
Source: NYSAMLSs,MLS#: S1523904
Originating MLS: Syracuse
Originating MLS: SyracuseFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 2
- Full bathrooms: 2
Heating
- Gas, Forced Air
Appliances
- Included: Gas Water Heater
Features
- Flooring: Hardwood, Varies
- Basement: Full
- Number of fireplaces: 2
Interior area
- Total structure area: 2,844
- Total interior livable area: 2,844 sqft
Property
Parking
- Total spaces: 2
- Parking features: Garage, Gravel, Two or More Spaces
- Garage spaces: 2
Features
- Levels: Two
- Stories: 2
- Exterior features: Private Yard, See Remarks
Lot
- Size: 0.27 Acres
- Dimensions: 76 x 156
- Features: Near Public Transit, Rectangular, Rectangular Lot, Residential Lot
Details
- Parcel number: 31150007600000110100000000
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Duplex
- Property subtype: Duplex, Multi Family
Materials
- Block, Concrete
- Roof: Asphalt,Shingle
Condition
- Resale
- Year built: 1931
Utilities & green energy
- Electric: Circuit Breakers
- Sewer: Connected
- Water: Connected, Public
- Utilities for property: Cable Available, Sewer Connected, Water Connected
Community & HOA
Community
- Subdivision: Brightonton Area
Location
- Region: Syracuse
Financial & listing details
- Price per square foot: $36/sqft
- Tax assessed value: $49,900
- Annual tax amount: $2,808
- Date on market: 3/13/2024
- Cumulative days on market: 3 days
- Listing terms: Conventional,FHA,VA Loan
Price history
| Date | Event | Price |
|---|---|---|
| 8/8/2024 | Sold | $103,000+3%$36/sqft |
Source:  NYSAMLSs #S1523904 Report a problem | ||
| 3/24/2024 | Pending sale | $100,000$35/sqft |
Source: NYSAMLSs #S1523904 Report a problem | ||
| 3/16/2024 | Contingent | $100,000$35/sqft |
Source: NYSAMLSs #S1523904 Report a problem | ||
| 3/13/2024 | Listed for sale | $100,000+66.7%$35/sqft |
Source: NYSAMLSs #S1523904 Report a problem | ||
| 11/29/2007 | Sold | $60,000+46.3%$21/sqft |
Source: Public Record Report a problem | ||
| 8/22/2003 | Sold | $41,000-27.4%$14/sqft |
Source: Public Record Report a problem | ||
| 2/1/2002 | Sold | $56,500+13.2%$20/sqft |
Source: Public Record Report a problem | ||
| 6/23/1994 | Sold | $49,900$18/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | -- | $49,900 |
| 2024 | -- | $49,900 |
| 2023 | -- | $49,900 |
| 2022 | -- | $49,900 |
| 2021 | -- | $49,900 |
| 2020 | -- | $49,900 |
| 2019 | -- | $49,900 |
| 2018 | -- | $49,900 |
| 2017 | $2,256 +83.6% | $49,900 |
| 2016 | $1,229 | $49,900 |
| 2015 | -- | $49,900 |
| 2014 | -- | $49,900 |
| 2013 | -- | $49,900 |
| 2012 | -- | $49,900 |
| 2011 | -- | $49,900 |
| 2010 | -- | $49,900 |
| 2009 | -- | $49,900 |
| 2008 | -- | $49,900 |
| 2007 | -- | $49,900 |
| 2006 | -- | $49,900 |
| 2005 | -- | $49,900 |
| 2004 | -- | $49,900 |
| 2003 | -- | $49,900 |
| 2002 | -- | $49,900 |
| 2001 | -- | $49,900 |
| 2000 | -- | $49,900 |
Find assessor info on the county website
Neighborhood: Brighton
Nearby homes
- $3,478-- bd-- ba-- sqft3401 S Salina St, Syracuse, NY 13205Off Market
- $147,8006 bd2 ba2.3k sqft3405-07 S Salina St, Syracuse, NY 13205Off Market
- $154,2006 bd2 ba2.3k sqft3409-11 S Salina St, Syracuse, NY 13205Off Market
- $98,0003 bd1 ba1.2k sqft103 E Ostrander Ave, Syracuse, NY 13205Off Market
- $98,0003 bd1 ba1.1k sqft105 E Ostrander Ave, Syracuse, NY 13205Off Market
- $---- bd-- ba-- sqft3409 S Salina St, Syracuse, NY 13205Off Market
- $102,0003 bd1 ba1.2k sqft107 E Ostrander Ave, Syracuse, NY 13205Off Market
- $158,3006 bd2 ba2.4k sqft3413-15 S Salina St, Syracuse, NY 13205Off Market
Nearby schools
GreatSchools rating
- 2/10Mckinley Brighton Elementary SchoolGrades: PK-5Distance: 0.2 mi
- 5/10BRIGHTON ACADEMYGrades: 6-8Distance: 0.6 mi
- 1/10Corcoran High SchoolGrades: 9-12Distance: 1.7 mi
Schools provided by the listing agent
- District: Syracuse
Source: NYSAMLSs. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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$174,700
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- New York
- Onondaga County
- Syracuse
- 13205
- Brighton
- 3401 S Salina St
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