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    1005-07 Tyson Pl, Unit 7 Syracuse, NY 13206

    For Sale
    $649,900

    Eleven apartments near James Street with income potential.

    Lot size:
    0.25 Acres

    Property Features for 1005-07 Tyson Pl

    General Information

    Lot size
    0.25 Acres

    Building Details

    Year built
    1940

    Source: Syracuse Realty Group Agent Richard Morose

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Eastwood Apartments with Recent Updates

    Located in Eastwood, this property features 11 apartments, including four studio apartments, four one-bedroom units, and three two-bedroom units. The property generates approximately $98,000 in gross scheduled income at market rent. Utilities are included in the four studio apartments, while the remaining eight units have separate utilities, with tenants responsible for their own heating, electric, and gas costs. The building includes a coin-operated laundry and off-street parking. Recent updates to the property include vinyl siding, a repaved driveway, windows, and a roof. The property is conveniently located off James Street, providing close proximity to schools, businesses, medical facilities, shopping, and public transportation.
    Location Intelligence

    Current Use by Public Records

    Apartment buildings

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Gym & Fitness Building Supply

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

    Location Insight

    • Map
    • Local Demand
    City
    Syracuse
    County
    Onondaga
    State
    New York
    Longitude
    -76.101247
    Latitude
    43.071154

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    FAQs

    What type of property is this?
    Apartment building - Eleven apartments near James Street with income potential.
    Where is this apartment building located?
    The property is located at 1005-07 Tyson Pl, Unit 7 Syracuse, NY.
    What is the asking price?
    The asking price for this property is $649,900.
    What are key features of this property?
    This property features: - Strong income potential: Approximately $98,000 gross scheduled income at market rent.; - Attractive mix of unit types: Four studios, four one-bedroom, and three two-bedroom units.; - Recent significant updates: Vinyl siding, repaved driveway, windows, and roof.
    (315) 410-0373
    Request Owner's contact information
    1005-07 Tyson Pl, Unit 7 Syracuse, NY 13206
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    Syracuse, NY 13206
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1005-07 Tyson Pl, Unit 7 Syracuse, NY 13206
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