CCertihomes
1516 Valley Drive, Syracuse, NY 13207

$184,900

0 beds 0 baths 2,619 sqft Built 1960214 days on marketActive

About this home

Welcome to 1516 Valley Dr, a fantastic mixed-use building situated in Syracuse, NY. The street front boasts a successful store and print shop while the back is a residential 3 bedroom, 1.5 bathroom house! Both units are currently rented out for a total gross monthly income of $2, 375 effective 1/1/2025. This property presents terrific potential cashflow for an investor! Convenience is key, and this property delivers; nestled close to a wide variety of stores, restaurants, and shops, it also offers easy access to downtown Syracuse's vibrant amenities. Not to mention there is also off-street parking, a rare find in this bustling area! This property has the ability to be sold as a package with the one right next door, 1522 Valley Dr Syracuse, NY. MLS Number: S1577380. It does NOT need to be sold as a package.

Affordability — calculate your monthly payment

Adjust your budget to see what's left after housing, utilities and transportation. Numbers below assume a 5% down, 30YrFixed at 7.15% APR.

Your estimated payment
$2,769/mo

Real estate (PITI + HOA + PMI)
$1,893
Principal + interest$1,186
Property tax + insurance$638
PMI / 2nd mortgage$69
Utilities
$1,700
Heating + cooling$697
Internet + TV + phone$140
Water + sewer + garbage$58
Transportation
$0
Other (entertainment)
$140
$2,769/mo TLC
Budget$5,000/mo
Remaining after TLC$2,231/mo
Purchase price
$184,900
Down payment
$9,245 (5%)
Loan amount
$175,655
APR
7.15%

Quick facts

Type
COM
Style
Year built
1960
Lot size
0.0976 ac
Stories
1
Heating
Gas, Other, SeeRemarks, ForcedAir
Cooling
Other, SeeRemarks
Water
Public
HOA
Annual tax
$4,350
MLS #
S1580059
County
Onondaga

At a glance

Basement

Home features

Parking
OtherSeeRemarks
Roof
Asphalt
Sewer
PublicSewer

Lot features

Rectangular, RectangularLot

Neighborhood — 13207

MetricThis ZIPCountyUSA
Population13,39119,351,094299,088,112
Population Change Since1990-12.00%8.00%20.00%
Population Density4,140395
Male6,2159,381,926147,432,321
Female7,1769,969,168151,655,844
Never Married3,7074,946,39163,775,926
Married4,3577,166,701123,120,365
Separated4591,159,67312,639,686
Widowed6241,110,24515,467,586
Divorced8811,210,44823,075,029
Number Of House Hold4,9867,102,016111,826,380
Average House Hold Size2.682.642.60
Medial Age32.3136.5335.46
Median House Hold Income$42,591$49,847$48,276
Average House Hold Income$54,090$70,032$63,629
P C I$20,305$26,569$24,529
M D I$37,069$42,210$41,133
A T H E$45,923$54,185$50,898
S T R8.00%4.00%
W C J84.92%81.55%77.74%
(Zip) Code
13207

Data via Certihomes neighborhood index. Comparisons across this ZIP, county and the United States.

Map & walkability

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Listing information last refreshed 12/5/2024. Provided courtesy of The O'Hara Group via Buffalo MLS. Information deemed reliable but not guaranteed.