524 Ontario Street
Utica, NY 13501
- 10 beds
- 4 baths
- 5,508 sqft
- 4,800 sqft lot
- $49 per sqft
- 1950 build
- – on site
Can you say CASH COW?! Extremely rare 4-unit income-producing property located in the heart of East Utica. This partially renovated gem offers an incredible opportunity for investors seeking a high cash flow property in a market that continues to appreciate! Or imagine getting paid to live here! Live in one unit and let your tenants pay your mortgage, taxes, and insurance! Property Highlights: All units are vacant, 2 are move in condition, while 2 are awaiting your finishing touches! 10 beds 4 baths! The property features two spacious 3-bedroom, 1-bathroom apartments and two comfortable 2-bedroom, 1-bathroom apartments, providing a variety of living spaces for tenants. Each unit has its own separate utilities, ensuring ease of management and potential for increased rental income. Market rent on 3 bd apts in Utica is $1,300.00, while 2 bd apts are $1125! Prime Location: Situated in a desirable neighborhood, close to schools, parks, shopping, and public transportation, attracting a steady stream of potential tenants. The recent renovations ensure minimal immediate expenses. Don't miss out on this fantastic investment opportunity!
Last checked:
As a licensed real estate brokerage, Estately has access to the same database professional Realtors use: the Multiple Listing Service (or MLS). That means we can display all the properties listed by other member brokerages of the local Association of Realtors—unless the seller has requested that the listing not be published or marketed online.
The MLS is widely considered to be the most authoritative, up-to-date, accurate, and complete source of real estate for-sale in the USA.
Estately updates this data as quickly as possible and shares as much information with our users as allowed by local rules. Estately can also email you updates when new homes come on the market that match your search, change price, or go under contract.
Checking…
•
Last updated Dec 9, 2024
•
MLS# S1575273 —
The Building
-
Year Built:1950
-
Year Built Details:Existing
-
Construction Materials:VinylSiding
-
Architectural Style:Fourplex
-
Basement:Full
-
Basement:true
-
Foundation Details:Stone
-
Levels:Two
-
Building Area Total:5508.0
-
Building Area Source:Assessor
Interior
-
Flooring:Hardwood,Laminate,Varies,Vinyl
-
Fireplace:false
-
Stories:2
-
Stories Total:2
Room Dimensions
-
Living Area:5,508 Sqft
Financial & Terms
-
Rent Includes:Water
Location
-
Directions:Bleecker to Ontario
The Property
-
Property Type:Residential
-
Property Subtype:MultiFamily
-
Property Condition:Resale
-
Parcel Number:301600-319-072-0003-044-000-0000
-
Zoning Description:Residential Multi Use
-
Lot Features:Other,NearPublicTransit,Rectangular,SeeRemarks
-
Lot Size Dimensions:40X120
-
Lot Size Acres:0.1102
-
Lot Size SqFt:4800.0
-
Lot Size Area:0.1102
-
Lot Size Units:Acres
-
Waterfront:false
Listing Agent
- Contact info:
- Agent phone:
- (315) 570-6640
- Office phone:
- (315) 574-2260
Taxes
-
Tax Lot:44
-
Tax Annual Amount:3238.0
-
Tax Assessed Value:45000
Beds
-
Bedrooms Total:10
Baths
-
Total Baths:4
-
Full Baths:4
The Listing
-
Virtual Tour URL Unbranded:https://www.propertypanorama.com/instaview/syr/S1575273
Heating & Cooling
-
Heating:Gas,Other,SeeRemarks,ForcedAir,SpaceHeater
-
Heating:true
-
Cooling:Other,SeeRemarks
Utilities
-
Utilities:SewerConnected,WaterConnected
-
Sewer:Connected
-
Water Source:Connected,Public
Appliances
-
Appliances:GasWaterHeater
Schools
-
Elementary School District:Utica
-
Middle Or Junior School District:Utica
-
High School District:Utica
The Community
-
Subdivision Name:George E Laverack
-
Senior Community:false
Parking
-
Parking Features:OffSite,TwoOrMoreSpaces
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
11/19/24
Nov 19, 2024
|
Pending | NYSAMLS | $275,000 | |
|
11/1/24
Nov 1, 2024
|
Listed / Active | NYSAMLS | $275,000 | 57.1% |
|
8/12/24
Aug 12, 2024
|
NYSAMLS | $175,000 | -2.2% |
