1311 Mary Street Utica, NY 13501
MULTI_FAMILY - Other - Utica, NY
- Added:
- May 4, 2026
- Days on Market:
- 72
- Last Refresh:
- Jul 14 at 11:06 am
Property Features for 1311 Mary Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 4
- Bathrooms
- 2
- Rooms
- Bedroom 2, Bedroom 3, Bedroom 1, Bathroom 1, Bedroom 4, Bathroom 2, Basement
- Window features
- Drapes
- Patio and Porch features
- Porch
- Interior features
- CeilingFans, WindowTreatments
- Exterior features
- EnclosedPorch, FullyFenced, Porch
- Fencing
- Fenced
- Appliances
- GasWaterHeater
- Standard status
- Pending
- APN
- 301600-319-071-0001-040-000-0000
- Size
- 1,944 SF
- Lot size
- 0.06 Acres
Taxes and HOA fees
- Tax Annual Amount
- 3268
Utilities
- Heating system
- Natural Gas, Forced Air
- Water source
- Public
Building Details
- Year built
- 1930
- Floors in Building
- 2
- Number of units
- 2
- Flooring type
- Hardwood, Varies, Tile, Carpet, Vinyl
- Building materials
- AtticCrawlHatchwaysInsulated, BlownInInsulation, SprayFoamInsulation, VinylSiding, PexPlumbing
- Roof type
- Shingle, Asphalt
- Architectural style
- Other
Listing agent Michael Arcuri License #10401372386 (315) 794-5893
Listing office Assist2Sell Buyers & Sellers 1st Choice 2704 Genesee St, Utica, NY (315) 735-9244
Listing date May 4, 2026
Copyright © 2026 New York State Alliance of MLSs, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
Key Highlights
- 2‑family home (built 1930) with two 2‑bedroom, 1‑bath units, delivered vacant
- Recent updates include electrical service from the pole to the house, replacement entry doors, and newer replacement windows in both apartments
- Separate gas and electric utilities plus forced‑air natural gas heat and public water/sewer
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $26.8k | $13.80 |
| − Vacancy | −$1.7k | −$0.86 |
| EGI | $25.2k | $12.94 |
| − OpEx | −$7.5k | −$3.88 |
| NOI | $17.6k | $9.06 |