The Syracuse Land Bank has houses available for purchase and renovation. The following are just a sampling of the houses that are available. for additional purchase opportunities see the Land Bank available property link below.
Follow the instructions in the listing notes to view Land Bank properties and be sure to include all required attachments with your purchase offer. Sales of properties requiring renovation are subject to an enforcement mortgage, securing a lien against the property that is discharged once the proposed renovations and any other requirements are complete.
Most listings include a scope of work that the buyer must complete to renovate the property within 12 months; if there is no scope attached, you must draft and attach your planned scope of renovations. In order for your project to be considered complete, you must fulfill all terms of sale, completed all work proposed in your purchase proposal, and obtained a Certificate of Adequacy or Certificate or Certificate of Inspection from Code Enforcement.
Public Employees Discount – In an effort to encourage public employees to reside within the City of Syracuse, the Land Bank will offer any full-time employee of the City of Syracuse, Onondaga County, or Syracuse City School District a sales price discount. This discount is only available for 1-4 unit residential properties, in the City of Syracuse, which the buyer will owner-occupy for at least five years. The total amount of the discount cannot exceed $20,000.
157 Didama St
Syracuse, NY 13224
Asking Price: $22,500
Renovation Estimate: $117,092
Home Ownership Choice (HOC): Yes
Salt Springs neighborhood home with 3 bedrooms, 1 full and one half bath is for sale! Structure has a new roof along with some new structural framing. The home has extensive water damage, a foundation issue, and will need new front porch rebuild. Download renovation specs and see additional listing details here: https://bit.ly/157Didama
This property is in the HOC program and must be owner-occupied or renovated and resold to an owner-occupant. When submitting purchase offer, the buyer will need to show proof of funds in the amount of $139,500.
Contact our office (315) 422-2301 ext. 0 to schedule a showing or for additional questions.
