Well-Maintained Duplex For
For Sale
$249,900
117 River Street, Warrensburg, NY 12885
Well-maintained duplex in Warrensburg with convenient walkability to town amenities.
Property Size1,408 SF
Price / SF$177.49
Days on Market162
Property Features for 117 River Street
General Information
Standard status
Active
Size
1,408 SF
Property subtype
Multi-family
Building Details
Year Built
1880
Listing Agency:
Wendy Davis Real Estate
Listed By:
Wendy Davis
(518) 639-4663
Source:
Signatureonerealtygroup
Added: Feb 23
Changed: Jul 26
Last Checked: Aug 3 at 3:07PM
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 Wendy Davis Real Estate
Investment Insights
Based on property information with market context.
This well-maintained duplex offers a residential income configuration with two units under one property. The duplex is described as being in good condition and ready for occupancy or continued rental use.
The property is located at 117 River Street in Warrensburg, NY, and the public remarks note it is an easy walk to everything in town.
This listing is presented for sale, and the property size is provided as 1,408 square feet. The address is 117 River Street, Warrensburg, NY 12885.
The property is located at 117 River Street in Warrensburg, NY, and the public remarks note it is an easy walk to everything in town.
This listing is presented for sale, and the property size is provided as 1,408 square feet. The address is 117 River Street, Warrensburg, NY 12885.
Key Highlights
- Duplex built in 1880
- Well‑maintained duplex in Warrensburg
- Within easy walking distance to town amenities
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 | $19.8k | $14.04 |
| − Vacancy | −$1.4k | −$0.98 |
| EGI | $18.4k | $13.06 |
| − OpEx | −$5.5k | −$3.92 |
| NOI | $12.9k | $9.14 |
1,408 SF · lease $14.04/SF/yr · vacancy 7.00% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$183.8K
$160.9K – $214.5K
NOI $12,869 @ 7.0% cap · market cap 5.15%
Second Best
Apartment 5plus
$167.7K
$146.8K – $195.7K
NOI $11,741 @ 7.0% cap · market cap 4.70%
Theoretical Best
Office A
$421.4K
$368.8K – $491.7K
NOI $29,500 @ 7.0% cap · market cap 11.80%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
353
Businesses Nearby
Explore this area
Business Placement
Demographics for 12885, NY
4,371
Population
2,724
Households
1.6
Avg Household Size
46
Median Age
17%
College-Educated
84%
High-School Grad
80.3 sq mi
ZIP Area
54
Density / Sq Mi
$65,454
Median Household Income
$49,245
Median Earnings
$1,042
Median Rent
$149,000
Median Home Value
Market
Vacancy Rate% for Multifamily in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - Well-maintained duplex in Warrensburg with convenient walkability to town amenities.
Where is this duplex located?
The property is located at 117 River Street Warrensburg, NY.
What is the asking price?
The asking price for this property is $249,900.
What are key features of this property?
This property features: Duplex built in 1880; Well‑maintained duplex in Warrensburg; Within easy walking distance to town amenities
