Rare opportunity to own a cash flowing 5-unit apartment building on a nice corner lot. All units are 1 bedroom, 1 bathroom and have their own electric meter, gas meter and hot water tank. Units 1, 3 & 5 share a furnace. Unit 2 & 4 have their own furnace. 1 unit is vacant (unit 4), renovated and ready for a tenant but has been left vacant for showing purposes. There is a hardwired some detector system throughout the entire building. This property also has a 6th gas and electric house meter for common areas and the one shared furnace. Property manager would like to continue to manage this asset after closing since it is so easy to manage if you need a property manager. Electrical boxes in pictures are fuses but are being changed out to updated circuit breakers. Each unit is on its own electric meter. Seller pays all electric but bills can easily be put in the tenants names. Please reach out for financials to show all rents and expenses.
Multi-familyProperty Type
3,960 sq ftLot Size
$48Price/Sq.Ft.
1 car garageParking
Listing by Dante Belmonte• Hunt Real Estate ERA
•315-682-7197 (broker)
•charlie.hunt@huntrealestate.com (broker)
Bought with Itay Sapir• SAP Real Estate Group, LLC
•315-440-4292 (broker)
•sapirhomes@gmail.com (broker)
Source:CNYIS #S1505894
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Listing by Keller Williams Syracuse, (315) 701-6900
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Provided by Redfin
Sale history for 901 Danforth St
Date
Event
Price
Public Records
Apr 23, 2024
Sold
$185,000
$48/sq ft
CNYIS #S1505894
Jan 25, 2024
Sold
$185,000
$48/sq ft
Jan 16, 2024
Listing Removed
—
Nov 7, 2023
Price Changed
$209,900
$54/sq ft
Oct 25, 2023
Listed
$229,900
$59/sq ft
Rare opportunity to own a cash flowing 5-unit apartment building on a nice corner lot. All units are 1 bedroom, 1 bathroom and have their own electric meter, gas meter and hot water tank. Units 1, 3 & 5 share a furnace. Unit 2 & 4 have their own furnace. 1 unit is vacant (unit 4), renovated and ready for a tenant but has been left vacant for showing purposes. There is a hardwired some detector system throughout the entire building. This property also has a 6th gas and electric house meter for common areas and the one shared furnace. Property manager would like to continue to manage this asset after closing since it is so easy to manage if you need a property manager. Electrical boxes in pictures are fuses but are being changed out to updated circuit breakers. Each unit is on its own electric meter. Seller pays all electric but bills can easily be put in the tenants names. Please reach out for financials to show all rents and expenses.
Public Records
Feb 26, 2021
Sold
$183,000
$47/sq ft
Year
Property tax
Land + Additions
Assessment*
2026
$2,750
$11,900 + $81,100
$93,000
2025
$2,750 (+1.6%)
$11,900 + $81,100
$93,000
2024
$2,708 (−0.5%)
$11,900 + $81,100
$93,000
2023
$2,721 (−2.1%)
$11,900 + $81,100
$93,000
2022
$2,778 (−0.6%)
$11,900 + $81,100
$93,000
2021
$2,794 (+317.4%)
$11,900 + $81,100
$93,000
2020
$669 (−75.3%)
$11,900 + $70,200
$82,100
2019
$2,706 (+0.9%)
$11,900 + $70,200
$82,100
2018
$2,681 (−14.9%)
$11,900 + $70,200
$82,100
2017
$3,150 (+22.1%)
$11,900 + $70,200
$82,100
2016
$2,579 (+1.0%)
$11,900 + $70,200
$82,100
2015
$2,554 (−0.4%)
$11,900 + $70,200
$82,100
2014
$2,565
$11,900 + $70,200
$82,100
Tax history for 901 Danforth St
Year
Property tax
Land + Additions
Assessment*
2026
$2,750
$11,900 + $81,100
$93,000
2025
$2,750 (+1.6%)
$11,900 + $81,100
$93,000
2024
$2,708 (−0.5%)
$11,900 + $81,100
$93,000
2023
$2,721 (−2.1%)
$11,900 + $81,100
$93,000
2022
$2,778 (−0.6%)
$11,900 + $81,100
$93,000
2021
$2,794 (+317.4%)
$11,900 + $81,100
$93,000
2020
$669 (−75.3%)
$11,900 + $70,200
$82,100
2019
$2,706 (+0.9%)
$11,900 + $70,200
$82,100
2018
$2,681 (−14.9%)
$11,900 + $70,200
$82,100
2017
$3,150 (+22.1%)
$11,900 + $70,200
$82,100
2016
$2,579 (+1.0%)
$11,900 + $70,200
$82,100
2015
$2,554 (−0.4%)
$11,900 + $70,200
$82,100
2014
$2,565
$11,900 + $70,200
$82,100
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Zoning
MX-1
Urban Neighborhood Zone District
The MX-1 Zone District is established to provide for a pedestrian-friendly, transit-supportive mix of low- to medium-density residential and small-scale, lowimpact nonresidential uses on lots with green space, street trees, front porches, and sidewalks. This Zone District allows new residential and nonresidential development that maintains the physical character of the surrounding residential neighborhoods. Redevelopment of residential structures into compatible nonresidential uses is allowed if the residential building form and design is maintained.
Permitted uses
Include but are not limited to:
General retail
Housing-Single unit
Housing-Multiple units
Bed & breakfast
Mixed use
Mixed use development
Office
Fire house
Police station
Park & open space
Property details
Interior
Heating & Cooling
Heating Fuel Type: Oil
Exterior
Exterior Information
Physical Condition: Average
Building Type: Apartment
Property Information
Building Sq. Ft: 3,893
# of Units: 5
Legal Description: BL74 6OX66 BRXCEM HXGAR FP31
Parking & Garage Information
Parking Type: Detached Garage
Garage/Parking Sq. Ft: 219
Garage / Carport Type: Detached
Lot Information
# of Buildings: 1
Land Sq. Ft: 3,960
Legal Lot Number: 21
Legal Block Number: 18
Municipality Name: SYRACUSE
Acres: 0.0909
Depth Footage: 66
Front Footage: 60
Zoning Code: 002
State Use Description: APARTMENTS
Utility Information
Sewer Type: Commercial
Water Service Type: Commercial
Financial
Assessor Information
Assessment Year: 2025
Public facts
Beds: —
Baths: —
Sq. Ft.: 3,893
Stories: —
Lot Size: 3,960 square feet
Style: Multi-Family (5+ Unit)
Year Built: —
Year Renovated: —
County: Onondaga County
APN: 311500A00600000180210000000
Home facts updated by county records on Oct 23, 2026
Around this home
Schools
Webster Elementary School
Public PreK-5 • Assigned • 0.8mi
3/10
Grant Middle School
Public 6-8 • Assigned • 0.3mi
2/10
Henninger High School
Public 9-12 • Assigned • 2.0mi
1/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
3/10 Heat Factor
7 days above 95° expected this year, 15 days in 30 years
1/10 Wind Factor
0% chance of strong winds in next 30 years
2/10 Air Factor
0 unhealthy days expected this year, 1 days in 30 years
Provided by First Street
Historical weather
Syracuse, NY • 13208
Average low and high temperatures (°F)
29
19
32
19
51
31
60
40
67
48
80
61
85
66
81
60
76
54
63
44
49
36
36
23
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
In this area, properties receive around 8.7 hours in
June and 2.2 hours in December, placing it below the
U.S. average for solar exposure.