new - 5 days on rocket

101 Herkimer St, Syracuse, NY, 13204

$228,500

Home List Price

$2,713*

Closing Credit

8 Bedrooms
3 Full Baths
3,575 SqFt
$64/SqFt
Multi

Location

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101 Herkimer St, Syracuse$228,500

Buyer Closing Credits

$2,713*

1.25% Loan Amount

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Property Highlights

Home TypeMulti Family
ParkingTwo or More Spaces
Garage3 spaces
Year Built1920
HeatingNatural Gas, Forced Air
BasementYes
MLS #S1582992
Lot Size0.17 Acres
StatusActive

About 101 Herkimer St

Investment Opportunity: Fully Rented 3-Unit Multi-Family Property with Upside Potential Discover an exceptional investment opportunity with this fully occupied 3-unit multi-family property. Each unit is separately metered, with tenants responsible for their own utilities, ensuring low operational costs and streamlined management. Currently, rents are below market value, presenting immediate upside potential for increased cash flow through rent adjustments. The property benefits from professional property management already in place, with the management team willing to stay on board to ensure a seamless transition and continued operational efficiency. Whether you’re a seasoned investor looking to add to your portfolio or a newcomer seeking a low-maintenance, income-generating asset, this property offers both stability and significant growth potential. Don’t miss out on this value-add opportunity

Property Details

Property Features

Property Information:

  • Year Built: 1920
  • Living Area: 3,575 SqFt

Listing Office:

  • Office Name: Hunt Real Estate Era
  • Office Phone: (315) 488-2926
  • Listing Agent: Zachary Johnson

Interior Features

Interior Information:

  • Appliances: Gas Water Heater
  • Basement: Yes
  • Flooring Type: Carpet, Hardwood, Luxury Vinyl, Varies

Bedroom and Bathroom Information:

  • Full Bathrooms: 3
  • Total Bedroom Count: 8

Exterior Features

Parking Information:

  • Garage Space: 3 spaces
  • Parking: Two or More Spaces

Virtual/3D Tour

  • Virtual Tour: 101 Herkimer St
Virtual Tour

Lot Features

Lot Information:

  • Lot: Rectangular Lot
  • Lot Size: 0.17 Acres

Utilities

Utilities Information:

  • Heating: Natural Gas, Forced Air

Other

Directions Information:

  • Directions: Take Erie to Herkimer

Price Information

Listing Price Info

Price Summary:

  • List Price: $228,500
  • Price Per SqFt: $64/SqFt

Tax Information:

  • Annual Amount: $4,345
  • Tax Year: 2020
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Housing Market Comparison

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

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Syracuse, NY

City

Med. Sold Price

$185K

Med. Price/SqFt

$127

Avg. Days On Market

16

# of Sold Homes

151

101 Herkimer St vs Syracuse

5 DAYS ON ROCKET

-11 Days

$228,500

+$43.5K More

$64/SqFt

-$63 Less

KEY TAKEAWAY

This property is $43.5K more than the Median Sold Price and $63/SqFt less than other homes in Syracuse, NY.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: NYS
  • MLS Number: #S1582992

Listing Office:

  • Office Name: Hunt Real Estate Era
  • Office Phone: (315) 488-2926
  • Listing Agent: Zachary Johnson

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.

© 2025 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: 1/11/2025, 1:20:54 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Mar 23, 2021Home Sold
$150,000
Jul 01, 2016Home Sold
$400,000

Tax History

YEARPROP. TAXASSESSMENT
2020$4,345$88,000
2019$4,403$88,000
2018$4,345$88,000
2017$2,029$88,000

History based on county public records data.

Payment Calculator

$1,208

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$752

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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-1846404
2
/10

  • Porter Elementary School

  • 512 Emerson Ave

  • 0.07 miles

  • Public District Grades PK-5

school-card-donut-1846405
4
/10

  • Solvay Elementary School

  • 701 Woods Rd

  • 1.03 miles

  • Public District Grades KG-4

school-card-donut-1846406
1
/10

  • Delaware Primary School

  • 900 S Geddes St

  • 1.32 miles

  • Public District Grades PK-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $30,903. Most Syracuse, NY residents have annual incomes less than $35k. Typical family type is single, no kids. Typical level of education for residents in this area is post secondary degree.

All data provided by Home Junction and Claritas

Rocket Homes›New York›Onondaga County›Syracuse›13204›101 Herkimer St

This home is located at 101 Herkimer St in Syracuse, NY and zip code 13204 in the Westside Syracuse neighborhood. This 3,575 square foot home, which was built in 1920, sits on a 0.17 acre lot. Features: 8 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since January 06, 2025 and is currently priced at $228,500.

Over 80 listings were sold over their listed price in December 2024 in Syracuse, NY. In the same period over 46 listings were sold below the listed price and 25 listings were sold for the listed price. The number of listings in Syracuse, NY decreased by 23.8% between November 2024 and December 2024. While the average time on the market in December 2024 was 16 days, the median list price was $185,000.

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

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