17 days on rocket

1426 Lodi St, Syracuse, NY, 13208

$680,000

Home List Price

$8,075*

Closing Credit

2 Bedrooms
2 Full Baths
1,526 SqFt
$446/SqFt
Multi
Schools Nearby

Location

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1426 Lodi St, Syracuse$680,000

Buyer Closing Credits

$8,075*

1.25% Loan Amount

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Property Highlights

Home TypeDuplex
ParkingNo Driveway
Year Built1912
HeatingNatural Gas, Forced Air
BasementYes
MLS #S1530876
Lot Size0.07 Acres
StatusActive

About 1426 Lodi St

Welcome to a prime investment opportunity offering three buildings. This property has a total of twelve units spread across 2 two-family homes and 1 spacious eight-unit complex, presenting a diverse portfolio to investors. Large Eight-Unit Complex: The centerpiece of this investment portfolio is a well-appointed eight-unit complex. From one-bedroom apartments to spacious two-bedroom units, this complex ensures a wide appeal to prospective renters. With twelve units in total, this property presents a significant income-generating opportunity. Whether you're a seasoned investor looking to expand your portfolio or a newcomer seeking a promising venture, the potential for steady rental income is here. This property enjoys proximity to essential amenities. Its convenient location ensures high demand from prospective tenants, enhancing the long-term value of your investment. Beyond its immediate income potential, this property offers ample room for growth and value appreciation. With strategic renovations or upgrades, you can further maximize rental income and enhance the overall property value, securing a solid return on investment. All units are occupied.

Property Details

Property Features

Property Information:

  • Architectural Style: Duplex
  • Year Built: 1912
  • Stories: 2
  • Living Area: 1,526 SqFt

Listing Office:

  • Office Name: Acropolis Realty Group LLC
  • Office Phone: (315) 396-0493
  • Listing Agent: Jeremy Allen

Interior Features

Interior Information:

  • Appliances: Gas Water Heater
  • Basement: Yes
  • Flooring Type: Carpet, Laminate, Varies, Vinyl
  • Interior: Ceiling Fan(s)

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 2

Exterior Features

Parking Information:

  • Parking: No Driveway

Virtual/3D Tour

  • Virtual Tour: 1426 Lodi St

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Lot Features

Lot Information:

  • Lot: Near Public Transit
  • Lot Size: 0.07 Acres

Utilities

Utilities Information:

  • Heating: Natural Gas, Forced Air

Other

Directions Information:

  • Directions: Follow Lodi St going Northwest. Once crossing Butternut St 1426 Lodi will be on your right.

Price Information

Listing Price Info

Price Summary:

  • List Price: $680,000
  • Price Per SqFt: $446/SqFt

Tax Information:

  • Annual Amount: $1,609
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Syracuse, NY.

Med. Sold Price

$170.4K

Med. Price/SqFt

$119

Avg. Days On Market

27

# of Sold Homes

95

1426 Lodi St vs Syracuse

17 DAYS ON ROCKET

-10 Days

$680,000

+$509.5K More

$446/SqFt

+$326 More

KEY TAKEAWAY

This property is $509.5K more than the Median Sold Price and $326/SqFt more than other homes in Syracuse, NY.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: NYS
  • MLS Number: #S1530876

Listing Office:

  • Office Name: Acropolis Realty Group LLC
  • Office Phone: (315) 396-0493
  • Listing Agent: Jeremy Allen

IDXThe data relating to real estate on this website comes in part from the Internet Data Exchange (IDX) Program of NYSAMLS’s. Real estate listings held by other firms are marked with theListing Broker’s Firm Name. Data provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties that consumers may be interested in purchasing. All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither the listing broker(s) nor this firm shall be responsible for any typographical errors, misinformation, misprints, and shall be held totally
harmless.

© 2024 CNYIS, UNYREIS, WNYREIS. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.

This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available.
Last updated on: 4/29/2024, 3:25:17 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2020$1,609$39,000
2019$1,629$25,000
2018$1,609$25,000
2017$934$25,000

History based on county public records data.

Payment Calculator

$3,461

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,105

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-3193080
5
/10
  • Franklin Elementary School

  • 428 S Alvord St

  • 0.18 miles

  • Public District Grades PK-5

school-card-donut-3193081
2
/10
  • Dr Weeks Elementary School

  • 710 Hawley Ave

  • 0.91 miles

  • Public District Grades PK-5

school-card-donut-3193082
3
/10
  • Webster Elementary School

  • 500 Wadsworth St

  • 1.13 miles

  • Public District Grades PK-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $31,733. Residents of Syracuse, NY typically earn less than $35k each year. Most families are single, no kids. Typical level of education for residents in this area is high school diploma.

All data provided by Home Junction and Claritas


Rocket HomesNew YorkOnondaga CountySyracuse132081426 Lodi St

This home is located at 1426 Lodi St in Syracuse, NY and zip code 13208 in the Northside Syracuse neighborhood. This 1,526 square foot home, which was built in 1912, sits on a 0.07 acre lot. Features: 2 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since April 12, 2024 and is currently priced at $680,000.

Syracuse, NY housing market in March 2024 saw over 50 listings sold above listed price, more than 14 sold at listed price and over 31 sold below. The number of homes for sale in Syracuse, NY decreased by 3.6% between February 2024 and March 2024. In March 2024, listings were on the market for 27 days. During the same period, the median list price in this real estate market was $170,455.

From Rocket Homes Real Estate and based on county public records data.

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