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Updated Duplex with Separate Utilities

309-11 Sam Street Rome, NY 13440

Claim this Listing
Pending
$179,900

MULTI_FAMILY - Other - Rome, NY

Property size:
1,704 SF
Lot size:
0.29 Acres
Added:
Dec 20, 2025
Days on Market:
206
Last Refresh:
Jul 14 at 10:06 am

Property Features for 309-11 Sam Street

General Information

Property type
Residential Multi Family
Property subtype
Other
Bedrooms
4
Bathrooms
2
Rooms
Bedroom 1, Bedroom 3, Bedroom 4, Bedroom 2, Bathroom 2, Bathroom 1
Patio and Porch features
Deck
Exterior features
Deck, FullyFenced
Fencing
Fenced
Appliances
GasWaterHeater
Standard status
Pending
APN
301301-242-006-0001-075-000-0000
Size
1,704 SF
Lot size
0.29 Acres

Taxes and HOA fees

Tax Annual Amount
5530

Utilities

Heating system
Natural Gas, Forced Air
Water source
Public

Building Details

Year built
1965
Floors in Building
1
Number of units
2
Flooring type
Laminate, Hardwood, Carpet, Varies
Building materials
SprayFoamInsulation, VinylSiding, WoodSiding
Roof type
Shingle, Asphalt
Architectural style
Other

Listing agent Martin C. Bell License #40BE1090095

Listing office Assist2Sell Buyers & Sellers 1st Choice 2704 Genesee St, Utica, NY

Listing date Dec 20, 2025

MLS# S1654721 Listing URL

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.

This two-family side-by-side duplex presents an opportunity for investors or owner-occupiers. Each unit features 2 bedrooms, a bathroom, a living room, an eat-in kitchen, and laundry hookups. Updates include a new gas efficiency furnace installed in 2021. The property includes separate utilities for each unit. A 16x20 shed is also included. The lot size is 0.29 acres, and the property size is 1704 square feet.

Key Highlights

  • Side‑by‑side 2‑family duplex with separate utilities
  • Each unit includes 2 bedrooms, a bath, living room, eat‑in kitchen, and laundry hookups
  • Updates include a new gas‑efficiency furnace in 2021; forced‑air heat with natural gas

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 $23.5k $13.80
− Vacancy −$1.5k −$0.86
EGI $22.0k $12.94
− OpEx −$6.6k −$3.88
NOI $15.4k $9.06
1,704 SF · lease $13.80/SF/yr · vacancy 6.24% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$220.5K
$192.9K – $257.2K (±1% cap)
NOI $15,433 @ 7.0% cap · market cap 8.58%
Second Best
Apartment 5plus
$202.6K
$177.3K – $236.4K (±1% cap)
NOI $14,185 @ 7.0% cap · market cap 7.88%
Theoretical Best
Office A
$449.0K
$392.9K – $523.9K (±1% cap)
NOI $31,433 @ 7.0% cap · market cap 17.47%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Duplexes

Suggested Use

Real Estate Agency Gym & Fitness Center Electrical Service Parking Lot & Garage Carpet & Flooring Store Computer & Electronic Repair (Bike/Boat/Book/etc) Store Furniture & Home Goods Garden Center Home Appliance Store

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Duplex - Two-family duplex with updates, separate utilities, and investment potential.
Where is this duplex located?
The property is located at 309-11 Sam Street Rome, NY.
What is the asking price?
The asking price for this property is $179,900.
What are key features of this property?
This property features: Side‑by‑side 2‑family duplex with separate utilities; Each unit includes 2 bedrooms, a bath, living room, eat‑in kitchen, and laundry hookups; Updates include a new gas‑efficiency furnace in 2021; forced‑air heat with natural gas
Contact an agent
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