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    1516 Valley Dr Syracuse, NY 13207
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    Property profile & analytics

    1516 Valley Dr, Syracuse, NY 13207

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    • Investment properties
    • 2,019 SF
    • 0.10 lot acres
    Syracuse Mixed-Use Investment Opportunity For Sale
    $179,900
    0.10 Acres

    Syracuse Mixed-Use Investment Opportunity

    Mixed-use property with retail and residential units, generating income.

    1516 Valley Dr, Syracuse, NY 13207
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    Property ID
    US63-0570284
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Infinite design hair studio / Hair Salon / Nail Salon

    Property Details for 1516 Valley Dr

    Year built
    1960
    Lot size
    0.10 lot acres
    Zone code
    10
    Property type
    Investment properties
    Property subtype
    Live-work space
    APN
    311500 070.-15-09.0
    APU
    31150007015090

    Description

    This exceptional investment opportunity presents a charming, one-story, three-unit building situated on a 0.1-acre lot in Syracuse, NY. Built in 1935, the property, located at 1516 & 1522 Valley Dr (APN: 311500-070-000-0015-010-000-0000), is currently generating a monthly rental income of $1,450. The property consists of a storefront and apartment units, offering a blend of retail and multifamily uses under permitted zoning 010. The building features three units in total. This property is being sold as-is, with all faults. The seller reserves the right to set an offer deadline. A minimum 48-hour notice is required for showings due to tenant occupancy. Conveniently located near various stores, restaurants, and shops, this property offers easy access to downtown Syracuse's amenities and boasts ample off-street parking. While currently rented, this property presents a compelling cash-flow opportunity for investors. This property may be sold as a package with the adjacent property at 1516 Valley Dr, but it is not required. The asking price for this property is $117,500.


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    Location Insight

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    • Local Demand
    City
    Syracuse
    County
    Onondaga
    State
    New York
    Longitude
    -76.1535
    Latitude
    43.0029
    CBSA code
    45060
    CBSA name
    SYRACUSE, NY METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $0.00
    $12,700
    $55,500
    $68,200
    -
    $19,690
    $86,046
    $105,736
    View Listing
    More about this property
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