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Tim Riordan

tim@realestate716.com +1(716) 575-5969

$ 184,900

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Active Under Contract

1516 Valley DR Syracuse, NY 13207

3 Beds

4 Baths

2,619 SqFt

UPDATED:

Key Details

Property Type Multi-Family, Mobile Home

Sub Type Multi Family

Listing Status Active Under Contract

Purchase Type For Sale

Square Footage 2,619 sqft

Price per Sqft $70

MLS Listing ID S1580056

Bedrooms 3

Full Baths 3

Half Baths 1

Construction Status Existing

HOA Y/N No

Year Built 1960

Annual Tax Amount $4,350

Lot Size 4,251 Sqft

Acres 0.0976

Lot Dimensions 40X106

Property Sub-Type Multi Family

Property Description

Welcome to 1516 Valley Dr, a fantastic mixed-use building situated in Syracuse, NY. The street front boasts a successful store and print shop while the back is a residential 3 bedroom, 2 full bathroom house! Both units are currently rented out for a total gross monthly rent of $2,375 effective 1/1/2025. This presents terrific potential cashflow for an investor! Convenience is key, and this property delivers; nestled close to a wide variety of stores, restaurants, and shops, it also offers easy access to downtown Syracuse's vibrant amenities. Not to mention there is also off-street parking, a rare find in this bustling area! This property has the ability to be sold as a package with the one right next door, 1522 Valley Dr Syracuse, NY. MLS Number: S1577380. It does NOT need to be sold as a package.

Location

State NY

County Onondaga

Area Syracuse City-311500

Direction When traveling south on Valley Dr, the property is located on the right and is the property with the print shop store front.

Rooms

Basement Full, Sump Pump

Interior

Interior Features Ceiling Fan(s), Natural Woodwork

Heating Gas, Forced Air

Cooling Window Unit(s)

Flooring Carpet, Hardwood, Laminate, Varies

Fireplace No

Appliance Gas Water Heater

Exterior

Exterior Feature Fence, Private Yard, See Remarks

Garage Spaces 4.0

Fence Partial

Utilities Available Sewer Connected, Water Connected

Garage Yes

Building

Lot Description Other, Near Public Transit, Rectangular, Rectangular Lot, See Remarks

Story 2

Sewer Connected

Water Connected, Public

Level or Stories Two

Structure Type Frame,Vinyl Siding

Construction Status Existing

Schools

School District Syracuse

Others

Senior Community No

Tax ID 311500-070-000-0015-009-000-0000

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Special Listing Condition Standard

Virtual Tour https://www.propertypanorama.com/instaview/syr/S1580056

Listed by The O'Hara Group