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Two-Unit Duplex with Garage Workshop

101 W Irving Street, East Syracuse, NY 13057

For Sale
$179,000
Pending

Two separate apartments offer four bedrooms total, with off-street parking and outdoor space.

Property Size1,684 SF
Days on Market18

Property Features for 101 W Irving Street

General Information

Standard status Pending
Size 1,684 SF
Property subtype Multi Family Home

Units

Unit Mix 1 x 2BR/1.5BA, 1 x 2BR/1BA
Multifamily Units 2

Additional Details

Highway Access Yes

Taxes and HOA fees

Annual Taxes $6,570

Amenities

front porch
garage/workshop

Building Details

Building Size 1,684 SF
Year Built 1925
Buildings 1
Stories 1
Units 2
Listing Agency: WEICHERT, REALTORS-TBG
Listed By: Heather Ryan
Source: Chautauqua4sale
Added: Oct 23 Changed: Nov 6 Last Checked: Nov 8 at 3:11PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of WEICHERT, REALTORS-TBG

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Investment Insights

Based on property information with market context.

This 1,684-square-foot duplex, built in 1925, contains two two-bedroom apartments. The first-floor unit has a living room, formal dining room, kitchen, full bath, half bath, front porch, and basement access from the kitchen. A private entrance serves the upstairs apartment, which includes a living room, eat-in kitchen, and full bath. A garage with workshop space, off-street parking, and outdoor space round out the property.

The home is on W Irving Street in East Syracuse, with schools, shops, hospitals, universities, and highways nearby. The property has had updates, though additional work is noted as necessary.

Key Highlights

  • Two apartments, each with two bedrooms
  • First‑floor unit includes a formal dining room, front porch, and half bath
  • Upstairs apartment has a private entrance and an eat‑in kitchen

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$15,900
Cap Rate
8.88%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$318,000 $318.0K
Cap Rate 7%
$227,143 $227.1K
Cap Rate 9%
$176,667 $176.7K
Market Conditions
NOI Build-Up for 1,684 SF
Gross rent
$30.9K $18.36/SF
− Vacancy
−$2.0K −$1.19/SF
EGI
$28.9K $17.17/SF
− OpEx
−$13.0K −$7.72/SF
NOI
$15.9K $9.44/SF
Area
Onondaga County, NY
Vacancy
6.50%
Lease Rate
$18.36 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$318,000
Cap Rate 7%
$227,143
Cap Rate 9%
$176,667

Alternative Uses

Best Use
Multifamily LT 5
$256.0K
$224.0K – $298.6K (±1% cap)
NOI $17,918 @ 7.0% cap · market cap 10.01%
Second Best
Apartment 5plus
$227.1K
$198.8K – $265.0K (±1% cap)
NOI $15,900 @ 7.0% cap · market cap 8.88%
Theoretical Best
Office A
$292.7K
$256.1K – $341.4K (±1% cap)
NOI $20,486 @ 7.0% cap · market cap 11.44%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Lease Details

2
Residential units
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

515
Businesses Nearby

Demographics for 13057, NY

14,676
Population
6,744
Households
2.2
Avg Household Size
46
Median Age
31%
College-Educated
93%
High-School Grad
27.7 sq mi
ZIP Area
530
Density / Sq Mi
$77,908
Median Household Income
$47,531
Median Earnings
$990
Median Rent
$159,800
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Average Price Trend$/SF for Duplexes in Onondaga County, NY

$131 Jul
$105 Aug
$100 Sep
$99.29 Oct

Properties on Market for Duplexes in Onondaga County

Jul
Aug
Sep
Oct

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025

Frequently Asked Questions

What type of property is this?
Duplex - Two separate apartments offer four bedrooms total, with off-street parking and outdoor space.
Where is this duplex located?
The property is located at 101 W Irving Street East Syracuse, NY.
What is the asking price?
The asking price for this property is $179,000.
What are key features of this property?
This property features: Two apartments, each with two bedrooms; First‑floor unit includes a formal dining room, front porch, and half bath; Upstairs apartment has a private entrance and an eat‑in kitchen
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