721 Otisco Street
Create Your Space - $1 Home
 

Ideal for a painter, crafter, photographer, graphic designer, or seamstress. Built in 1882, this two-story, wood-framed, 1,596 square foot home sits on a 35'x111' lot, and is covered in gingerbread detail work. The home includes 3 bedrooms, 1.5 baths, a formal dining room, living room, office and kitchen.

Sales Price: $1.00

  • Special tax incentive - City & School taxes frozen at pre-renovation assessment for 7 years.

Purchase Obligations:

  • Complete code compliant interior/exterior renovation within 1 year
  • Live in property for a minimum of 3 years
  • Provide a proposal to include intended use and full renovation plan

This property will need:

  • New roof & windows
  • Interior & exterior paint
  • Insulation
  • Updated plumbing
  • New electric service
  • New furnace
  • New kitchen & bathrooms
  • Site improvements
  • Has fire damage
  • Some minor foundation improvements

Must demonstrate the financial ability to complete the scope of work.

 

 
 
124 East Jefferson Street, Syracuse, NY 13202
Phone (315) 474-1939 Fax (315) 474-0637
Email: info@homehq.org