this old house

Save This Old House ~ Historic Colonial Revival in Syracuse NY Reduced to $5,000

109 McAllister Ave, Syracuse, NY 13205       $9,900 Reduced to $5,000

OHU50K NOTES

Save This Old House. OHU50K first featured this home in January 2020. It was taken off market and has just been re-listed at $5,000, still needing  a savior.

Family History

I love doing historical research on these old houses whenever possible. I found that the realtor’s build date of 1920 is incorrect, because the home was inhabited as early as 1903. It was owned by William H. Kelley (1867-1943) who lived there with his wife Nellie Dwyer and children Robert and Helen.

William was the son of Irish immigrants, his father John a retired farmer. William and his brothers founded Kelley Brothers Coal Company which continues today as Kelley Bros Hardware. It is a major operation with stellar headquarters (see below).

The neighborhood in which the house is located is still viable, even though the surrounding neighborhoods are high crime. Wouldn’t it be wonderful, though, if Kelley Bros. would lay out the $100K to restore this family home?

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REALTOR COMMENTS ~ Save This Old House

Potential for 3 unit home (variance will be required), currently has 6 bedrooms, 3 full bathrooms, 3 kitchens, 2 staircases. Buyer will need to provide detailed itemized work specs, expect over $100k renovation. Beautiful details remain, trim, doors, bathroom tile work, built in cabinetry etc. Property needs work and being sold as-is without warranty or representations. Property Purchase Application, Contract to Purchase are available on our website. Completed offers should be submitted no later than the first Tuesday of each month for consideration at the Board of Directors Meeting, normally scheduled on the third Tuesday of each month. Please confirm dates and times. Renovation costs can exceed 100K. Proof of funds needed for combined purchase and renovation costs. For more information please call Greater Syracuse Land Bank.

 

 

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