Four-Bedroom Home on W Onondaga St – Double-Lot Opportunity with Exceptional Potential
Located on the historic and character-rich W Onondaga St, this four-bedroom, one-and-a-half-bath home presents a unique opportunity for buyers with vision, dedication, and an appreciation for restoration. Available through the Home Ownership Choice Program, the property is ideal for those intending to live in the home or investors committed to renovating and reselling it to an owner-occupant. With its spacious layout, notable architectural details, and rare double-lot, this home offers both challenges and outstanding potential for long-term value.
Exterior & Lot
The property stands out for its expansive double-lot, offering rare outdoor space in the area. The large yard provides room for gardens, recreational areas, or future landscaping projects. A private driveway adds convenience, making off-street parking easy in this urban setting. Whether you envision outdoor entertaining, a green oasis, or ample space for children and pets, the lot provides a versatile foundation for customization.
Interior Features
Step inside to an entry foyer featuring elegant columns, setting the tone for the home’s traditional charm. The foyer opens to a spacious living room, perfect for gatherings, relaxation, and daily living. The main floor also includes an open kitchen and dining area, allowing natural light to flow throughout. While the kitchen requires renovation, it has excellent potential for modern cabinetry, updated appliances, and stylish finishes. The dining area offers a flexible space for both formal and casual meals.
A first-floor bedroom adds convenience and versatility, serving as a guest room, home office, or primary bedroom. Upstairs, three additional bedrooms provide comfortable spaces for retreat and personalization. The 1.5 bathrooms also offer opportunities for modern updates, from new fixtures to energy-efficient improvements.
Renovation Considerations
The home has experienced significant water damage, including a flooded basement, likely due to a natural spring nearby. Addressing these issues is crucial for safety and longevity, including waterproofing, drainage, and potentially foundation work. Estimated renovation costs are around $144,000, though final expenses may vary based on the scope of work and chosen finishes. Buyers must demonstrate proof of funds of at least $150,000 to cover both purchase and renovation costs.
The property is sold as-is, without warranties or representations. Restoration requires thoughtful planning, professional expertise, and a budget for unexpected issues, especially in historic homes with known water damage.
Home Ownership Choice Program
As part of the program, the home must be owner-occupied or renovated and resold to an owner-occupant. This initiative promotes neighborhood stability and revitalization, giving buyers the opportunity to contribute positively to the community.
Purchase Process
Offers must follow program guidelines, with submissions due by the first Tuesday of each month and review by the Board of Directors typically on the third Tuesday. Buyers should confirm current deadlines and prepare documentation, including proof of funds and application forms, available on the program’s website.
Summary
This W Onondaga St home is a rare opportunity for buyers ready to restore a property with character and potential. Featuring a double-lot, spacious open layout, elegant foyer columns, and flexible bedroom arrangements, the property can be transformed into a stunning residence. With vision, resources, and dedication, this home offers the chance to create a personalized, beautifully renewed space while contributing to the revitalization of a historic neighborhood.
Watch Zillow
