15 Beds
8 Baths
10,167 SqFt
15 Beds
8 Baths
10,167 SqFt
Key Details
Property Type Multi-Family, Mobile Home
Sub Type Multi Family
Listing Status Active Under Contract
Purchase Type For Sale
Square Footage 10,167 sqft
Price per Sqft $81
Subdivision Colvin Farm
MLS Listing ID S1588009
Bedrooms 15
Full Baths 3
Half Baths 5
Construction Status Existing
HOA Y/N No
Year Built 1916
Annual Tax Amount $15,521
Lot Size 0.689 Acres
Acres 0.6887
Lot Dimensions 100X300
Property Sub-Type Multi Family
Property Description
This exceptional historic property in the prestigious James Street corridor offers a rare blend of commercial and residential space, making it a perfect for owner occupied and high-end investment opportunity . The main house features over 10,000 SQFT of finished space. two beautifully designed, spacious apartments, offering a luxurious residential component that enhances the property's value . A state-of-the-art elevator with designated code for each floor ensures accessibility throughout the building. A Fully renovated finished basement unit with Three Bedrooms one and half baths full kitchen with dining and living area. First and second floors features over 4,000 sq. ft. of commercial space, divided into eight spacious office suites with high-end finishes.
Additionally, the third floor features a stunning loft-style residential unit, with two bedrooms one and a half baths adding even more versatility to this investment.
At the back of the main house, 16 dedicated parking spaces add convenience—an invaluable feature in this sought-after location. A fully restored carriage house with a three-car garage two bedrooms full bath brand new kitchen, provides additional rental potential or storage space.
With estimated rental income of $12,000 per month, priced at 9%-10% cap rate. this turnkey investment combines historic charm, modern upgrades, and incredible income potential. Don't miss the chance to own a versatile, income-generating gem in the heart of Syracuse!
Location
State NY
County Onondaga
Community Colvin Farm
Area Syracuse City-311500
Direction Turn right onto Sedgwick Street and then left to enter the back of the house.
Rooms
Basement Finished
Interior
Interior Features Attic
Heating Electric, Gas, Baseboard, Forced Air, Radiant
Flooring Hardwood, Luxury Vinyl, Tile, Varies
Fireplace No
Appliance Electric Water Heater, Gas Water Heater
Exterior
Garage Spaces 3.0
Utilities Available Sewer Connected, Water Connected
Garage Yes
Building
Lot Description Near Public Transit, Rectangular, Rectangular Lot
Story 3
Sewer Connected
Water Connected, Public
Structure Type Block,Fiber Cement,Concrete,Stucco
Construction Status Existing
Schools
School District Syracuse
Others
Senior Community No
Tax ID 311500-019-000-0009-002-000-0000
Acceptable Financing Cash, Conventional, FHA
Listing Terms Cash, Conventional, FHA
Special Listing Condition Standard
Virtual Tour https://www.propertypanorama.com/instaview/syr/S1588009
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "
michael.miceli@westlightrealestate.com
19 Mccracken Drive, Oswego, New York, 13126, USA