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Income-Generating Duplex Property

705 Kirkland Street Utica, NY 13502

Claim this Listing
For Sale
$239,999

MULTI_FAMILY - Other - Utica, NY

Property size:
1,670 SF
Price / SF:
$143.71/SF
Added:
Jun 30, 2026
Days on Market:
15
Last Refresh:
Jul 14 at 5:06 am

Property Features for 705 Kirkland Street

General Information

Property type
Residential Multi Family
Property subtype
Other
Bedrooms
4
Bathrooms
2
Rooms
Bathroom 2, Bathroom 1, Bedroom 2, Bedroom 3, Bedroom 1, Basement, Bedroom 4
Exterior features
Fence
Fencing
Fenced
Appliances
GasWaterHeater
Standard status
Active
APN
318.56-1-58
Size
1,670 SF

Taxes and HOA fees

Tax Annual Amount
2320

Utilities

Heating system
Electric (Heating), Forced Air, Natural Gas
Water source
Public

Building Details

Year built
1900
Floors in Building
2
Number of units
2
Flooring type
Vinyl, Laminate, Varies
Building materials
VinylSiding, CopperPlumbing, PexPlumbing
Roof type
Asphalt
Architectural style
Other

Listing agent Alen Zekic License #10401267029

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

Listing date Jun 30, 2026

MLS# S1695032 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 listing presents an income-focused duplex classified as a residential income property and multifamily asset. The property totals 1,670 square feet and is offered for sale at $239,999. While additional interior features are not provided here, the designation indicates a structure intended to support separate residential rental occupancy.

The property is located at 705 Kirkland Street in Utica, New York 13502, within Oneida County. This address information can be used to confirm access details and nearby context directly during due diligence.

From a tenant or buyer perspective, a duplex configuration typically appeals to operators looking to manage residential rentals within a smaller, straightforward multifamily format. As a residential income property, it may suit buyers interested in owning housing built for rental use, subject to confirming current condition, lease status, and local permitting requirements. Interested parties should review the property in person and verify all operating details during underwriting and inspection.

Key Highlights

  • Year built: 1900
  • Asphalt roof
  • Heating includes natural gas forced air and electric heating

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 $23.0k $13.80
− Vacancy −$1.4k −$0.86
EGI $21.6k $12.94
− OpEx −$6.5k −$3.88
NOI $15.1k $9.06
1,670 SF · lease $13.80/SF/yr · vacancy 6.24% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$216.1K
$189.1K – $252.1K (±1% cap)
NOI $15,126 @ 7.0% cap · market cap 6.30%
Second Best
Apartment 5plus
$198.6K
$173.8K – $231.7K (±1% cap)
NOI $13,902 @ 7.0% cap · market cap 5.79%
Theoretical Best
Office A
$440.1K
$385.1K – $513.4K (±1% cap)
NOI $30,805 @ 7.0% cap · market cap 12.84%
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 Storage Facility Skin Care Clinic Locksmith Veterinary Clinic (Bike/Boat/Book/etc) Store Travel Agency (Bike/Boat/Book/etc) Store Clothing & Fashion Store (Bike/Boat/Book/etc) Store

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

FAQs

What type of property is this?
Duplex - For sale duplex totaling 1,670 SF, positioned for buyers seeking residential rental income in Utica, NY.
Where is this duplex located?
The property is located at 705 Kirkland Street Utica, NY.
What is the asking price?
The asking price for this property is $239,999.
What are key features of this property?
This property features: Year built: 1900; Asphalt roof; Heating includes natural gas forced air and electric heating
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More about this property
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