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Two-Family Residential Income Property
For Sale
Contact for pricing
Pending

116 E 2nd St, East Syracuse, NY 13057

Well-maintained two-family home with updates to both units, plus off-street parking and a large vacant lot.

Property SizeContact for details
Days on Market121

Property Features for 116 E 2nd St

General Information

Standard status Pending
Property subtype Multifamily

Additional Details

Highway Access Yes
Multifamily Units 2
Listing Agency: Royal Shell Real Estate, Inc
Listed By: Frank Procopio · License #Sl3505095
Source: Crexi
Added: Apr 11 Changed: Aug 8 Last Checked: Apr 11 at 11:49AM

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 Royal Shell Real Estate, Inc

Investment Insights

Based on property information with market context.

This two-family residential income property features two separate units and is described as wonderfully maintained. Recent updates include bathroom improvements, new carpeting, and some appliances in the upstairs unit. The downstairs unit has also been updated with a new bathroom, new carpeting and flooring, updated countertops, light fixtures, and appliances.

The property includes a large vacant lot next door, off-street parking, a large backyard, and plenty of basement storage. A back porch is described as a common area for residents, with outdoor space intended for summertime enjoyment.

Additional context notes easy access to highway routes and proximity to shopping, restaurants, and grocery stores. Showings are by appointment only with 24 hours’ notice.

Key Highlights

  • Well‑maintained two‑family home in the town of Dewitt with updates to both the upstairs and downstairs units
  • Upstairs updates include bathroom, carpeting, and some appliances
  • Downstairs updates include a new bathroom, carpeting/flooring, countertops, light fixtures, and appliances

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Electrical Service Parking Lot & Garage Bakery Locksmith Travel Agency

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Residential units
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

651
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

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Duplex - Well-maintained two-family home with updates to both units, plus off-street parking and a large vacant lot.
Where is this duplex located?
The property is located at 116 E 2nd St East Syracuse, NY.
What are key features of this property?
This property features: Well‑maintained two‑family home in the town of Dewitt with updates to both the upstairs and downstairs units; Upstairs updates include bathroom, carpeting, and some appliances; Downstairs updates include a new bathroom, carpeting/flooring, countertops, light fixtures, and appliances
(239) 206-6577 Call to check price and availability
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