507-509 Lemoyne Ave, Syracuse, NY, 13208

Location

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507-509 Lemoyne Ave, Syracuse$129,500

Buyer Closing Credits

$1,538^*

1.25% Loan Amount

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1 (855) 200-2001

Property Highlights

Home TypeMulti Family

ParkingConcrete

Garage1 space

Year Built1822

HeatingNatural Gas, Forced Air

BasementYes

MLS #S1579696

Lot Size0.06 Acres

StatusAccepting Backup Offers
(Active Under Contract)

About 507-509 Lemoyne Ave

Discover an exceptional investment opportunity in Syracuse with this well-positioned multi-family property. Featuring two distinct units - a spacious 4-bedroom and a comfortable 3-bedroom arrangement - this home offers tremendous potential for rental income. The property's strategic location places residents minutes from Syracuse University, Crouse Hospital, and the popular Destiny USA shopping destination. The dual-unit layout provides flexibility for various rental strategies, whether catering to students, healthcare professionals, or families seeking a convenient city location. With some creative updates, this property could become a standout investment in Syracuse's dynamic rental market. Don't miss this chance to own a versatile multi-family property in a high-demand location.

Property Details

Property Features

Property Information:

Architectural Style: Duplex
Year Built: 1822
Stories: 2
Living Area: 2,834 SqFt

Listing Office:

Office Name: Oak Tree Real Estate
Office Phone: (315) 401-1162
Listing Agent: Andrew Zellar

Interior Features

Interior Information:

Appliances: Gas Water Heater
Basement: Yes
Flooring Type: Hardwood, Varies

Bedroom and Bathroom Information:

Full Bathrooms: 2
Total Bedroom Count: 7

Exterior Features

Parking Information:

Garage Space: 1 space
Parking: Concrete

Virtual/3D Tour

Virtual Tour: 507-509 Lemoyne Ave

Virtual Tour

Lot Features

Lot Information:

Lot: Rectangular Lot
Lot Size: 0.06 Acres

Utilities

Utilities Information:

Heating: Natural Gas, Forced Air

Price Information

Listing Price Info

Price Summary:

List Price: $129,500
Price Per SqFt: $46/SqFt

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Housing Market Comparison

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

Syracuse, NY

City

Med. Sold Price

$180K

Med. Price/SqFt

$124

Avg. Days On Market

# of Sold Homes

157

507-509 Lemoyne Ave vs Syracuse

18 DAYS ON ROCKET

+4 Days

$129,500

-$50.5K Less

$46/SqFt

-$79 Less

KEY TAKEAWAY

This property is $50.5K less than the Median Sold Price and $79/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: #S1579696

Listing Office:

Office Name: Oak Tree Real Estate
Office Phone: (315) 401-1162
Listing Agent: Andrew Zellar

The 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: 12/18/2024, 9:20:54 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

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NMLS#3030

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

/10

Franklin Elementary School
428 S Alvord St
Distance between this listing and this school0.96 miles
Public District Grades PK-5

/10

Lemoyne Elementary School
1528 Lemoyne Ave
Distance between this listing and this school1.24 miles
Public District Grades PK-5

/10

Webster Elementary School
500 Wadsworth St
Distance between this listing and this school1.38 miles
Public District Grades PK-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

How much money do the neighbors make?

63%

<35k

32%

35k-100k

100k-200k

200k+

What level of education do the neighbors have?

High School: 80%
Post Secondary: 19%
Masters: 1%

What types of families live nearby?

56%

Single, No Kids

28%

Single, with Kids

Married, No Kids

Married, with Kids

Are the neighbors home owners or renters?

Renters: 87%
Home Owners: 13%

How old are people in this area?

22%

<11 yrs old

10%

12-17 yrs old

29%

18-34 yrs old

35%

35-64 yrs old

65+ yrs old

What do the neighbors do for fun?

UFC
Pro Boxing
Soccer

Where do the neighbors shop?

Family Dollar
Burlington
Forever 21

Where do the neighbors go to eat?

Burger King
Popeyes
Dominos Pizza

What do the neighbors drive?

Buick
Dodge
Mazda

What do the neighbors listen to?

Urban Contemporary
Rhythmic Contemporary Hits
Jazz

The neighbors living near this home have an average income of $26,519. 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 Homes›New York›Onondaga County›Syracuse›13208›507-509 Lemoyne Ave

This home is located at 507-509 Lemoyne Ave in Syracuse, NY and zip code 13208 in the Northside Syracuse neighborhood. This 2,834 square foot home, which was built in 1822, sits on a 0.06 acre lot. Features: 7 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since November 30, 2024 and is currently priced at $129,500.

Over 100 listings were sold over their listed price in November 2024 in Syracuse, NY. In the same period over 40 listings were sold below the listed price and 17 listings were sold for the listed price. The number of homes for sale in Syracuse, NY decreased by 20% between October 2024 and November 2024. Listings spent 14 days on the market in November 2024, and had a median list price of $180,080 during the same period.

Location

Property Highlights

Property Details

Property Features

Interior Features

Exterior Features

Virtual/3D Tour

Lot Features

Utilities

Price Information

Listing Price Info

Housing Market Comparison

MLS Details

Property Sales & Tax

Payment Calculator

Schools

Schools Nearby

Neighborhood

What Are The Neighbors Like?

More Resources

More Homes For Sale in Syracuse

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Housing Market Reports in Onondaga County