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Utica Multifamily Property for Sale

404 Rutger Street Utica, NY 13501

Claim this Listing
For Sale
$360,000

MULTI_FAMILY - Other - Utica, NY

Property size:
2,292 SF
Price / SF:
$157.07/SF
Added:
May 4, 2026
Days on Market:
72
Last Refresh:
Jul 14 at 5:06 am

Property Features for 404 Rutger Street

General Information

Property type
Residential Multi Family
Property subtype
Other
Bedrooms
6
Bathrooms
3
Rooms
Bedroom 3, Bedroom 6, Basement, Bedroom 2, Bathroom 2, Bathroom 1, Bathroom 3, Bedroom 1, Bedroom 4, Bedroom 5
Interior features
Attic
Exterior features
Fence
Fencing
Fenced
Appliances
GasWaterHeater
Standard status
Active
APN
318.67-2-7
Size
2,292 SF

Taxes and HOA fees

Tax Annual Amount
3223

Utilities

Heating system
Natural Gas, Forced Air
Water source
Public

Building Details

Year built
1871
Floors in Building
3
Number of units
3
Flooring type
Laminate, Hardwood, Varies
Building materials
Brick, CopperPlumbing
Roof type
Tile, Slate
Architectural style
Other

Listing agent Alen Zekic License #10401267029

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

Listing date May 4, 2026

MLS# S1678812 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 multifamily property is located in Utica, New York. The property has a total size of 2292 square feet. It is classified as a triplex and residential income property.

Key Highlights

  • Year built: 1871
  • Brick construction with copper plumbing
  • Heating: natural gas forced air

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 $31.6k $13.80
− Vacancy −$2.0k −$0.86
EGI $29.7k $12.94
− OpEx −$8.9k −$3.88
NOI $20.8k $9.06
2,292 SF · lease $13.80/SF/yr · vacancy 6.24% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$296.6K
$259.5K – $346.0K (±1% cap)
NOI $20,759 @ 7.0% cap · market cap 5.77%
Second Best
Apartment 5plus
$272.6K
$238.5K – $318.0K (±1% cap)
NOI $19,080 @ 7.0% cap · market cap 5.30%
Theoretical Best
Office A
$604.0K
$528.5K – $704.7K (±1% cap)
NOI $42,279 @ 7.0% cap · market cap 11.74%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Triplexes

Suggested Use

Real Estate Agency Skin Care Clinic Garden Center Veterinary Clinic Storage Facility Electrical Service (Bike/Boat/Book/etc) Store Cosmetic Store Catering Service Tanning Salon

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

FAQs

What type of property is this?
Triplex - Multifamily property in Utica, NY, totaling 2292 square feet.
Where is this triplex located?
The property is located at 404 Rutger Street Utica, NY.
What is the asking price?
The asking price for this property is $360,000.
What are key features of this property?
This property features: Year built: 1871; Brick construction with copper plumbing; Heating: natural gas forced air
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More about this property
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