Investors check out this turnkey 3 unit cash flow machine!! 529 Park consists of two 1 bed, 1 bath units ($650, $750) on the first floor and one 3 bed, 1 bath unit ($1450) on the second floor. Total monthly gross rent of $2,800. Month to month leases. Historically great cash flow and easy to manage. Longer term tenants in the 1 bed units (5 yrs & 2 yrs) these could be increased to market rate. Owner has a new tenant coming into the 3 bedroom for $1450 on 7/15. Month to month lease. Last tenant was there 10 years! A major remodel was completed in 2013 with all new kitchens, bathrooms, HVAC, water tanks, electrical, plumbing, vinyl windows. Original features also remain with pocket doors, decorative fireplaces, natural woodwork. Additional improvements include new tear off roof in 2010, blown in insulation, maintenance free vinyl siding, aluminum wrapped windows, paved driveway w/ parking for 6+ cars. Property being sold with updated certificate of compliance. 21% cash on cash returns. Snag this $$$ maker for your portfolio!
Closed
$220,000
529 Park Ave #31, Syracuse, NY 13204
5beds
2,912sqft
Triplex, Multi Family
Built in 1890
-- sqft lot
$262,100 Zestimate®
$76/sqft
$1,654 Estimated rent
Home value
$262,100
$239,000 - $286,000
$1,654/mo
Zestimate® history
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$1,330/mo
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List your homeWhat's special
New tear off roofNatural woodworkWater tanksNew kitchensBlown in insulationVinyl windowsMaintenance free vinyl siding
Zillow last checked:
Listing updated:
Listed by:
Brian D Murphy 315-256-8284,
Acropolis Realty Group LLC
Bought with:
Amanda Kondrk, 10401315854
Acropolis Realty Group LLC
Source: NYSAMLSs,MLS#: S1482342
Originating MLS: Syracuse
Originating MLS: SyracuseFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 3
- Full bathrooms: 3
Heating
- Gas, Forced Air
Appliances
- Included: Electric Water Heater, Gas Water Heater
- Laundry: Washer Hookup
Features
- Ceiling Fan(s), Other, See Remarks, Storage, Natural Woodwork, Programmable Thermostat
- Flooring: Carpet, Hardwood, Tile, Varies, Vinyl
- Windows: Thermal Windows
- Basement: Full
- Number of fireplaces: 3
Interior area
- Total structure area: 2,912
- Total interior livable area: 2,912 sqft
Property
Parking
- Parking features: Paved, Two or More Spaces
Features
- Levels: Two
- Stories: 2
Lot
- Size: 6,464 Square Feet
- Dimensions: 46 x 139
- Features: Near Public Transit, Residential Lot
Details
- Parcel number: 31150010500000020050000000
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Triplex
- Property subtype: Triplex, Multi Family
Materials
- Vinyl Siding, Copper Plumbing, PEX Plumbing
- Foundation: Block, Stone
- Roof: Asphalt,Pitched,Shingle
Condition
- Resale
- Year built: 1890
Utilities & green energy
- Electric: Circuit Breakers
- Sewer: Connected
- Water: Connected, Public
- Utilities for property: Sewer Connected, Water Connected
Community & HOA
Location
- Region: Syracuse
Financial & listing details
- Price per square foot: $76/sqft
- Tax assessed value: $65,000
- Annual tax amount: $3,599
- Date on market: 7/5/2023
- Cumulative days on market: 4 days
- Listing terms: Cash,Conventional,FHA,VA Loan
- Tenant pays: All Utilities
Price history
| Date | Event | Price |
|---|---|---|
| 2/19/2025 | Listing removed | $1,750$1/sqft |
Source: NYSAMLSs #S1585450 Report a problem | ||
| 1/23/2025 | Listed for rent | $1,750$1/sqft |
Source: NYSAMLSs #S1585450 Report a problem | ||
| 9/15/2023 | Sold | $220,000+4.8%$76/sqft |
Source:  NYSAMLSs #S1482342 Report a problem | ||
| 7/11/2023 | Pending sale | $210,000$72/sqft |
Source: NYSAMLSs #S1482342 Report a problem | ||
| 7/10/2023 | Contingent | $210,000$72/sqft |
Source: NYSAMLSs #S1482342 Report a problem | ||
| 7/5/2023 | Listed for sale | $210,000$72/sqft |
Source: NYSAMLSs #S1482342 Report a problem | ||
Public tax history
Tax history is unavailable.
Neighborhood: Westside
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Nearby schools
GreatSchools rating
- 2/10Frazer K 8 SchoolGrades: PK-8Distance: 0.4 mi
- 1/10Henninger High SchoolGrades: 9-12Distance: 2.4 mi
- 1/10Corcoran High SchoolGrades: 9-12Distance: 2.4 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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$262,100
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- New York
- Onondaga County
- Syracuse
- 13204
- Westside
- 529 Park Ave Unit 31
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