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    301 1St North St Syracuse, NY 13208

    For Sale
    $319,900

    Six-unit building with strong income potential in a convenient location.

    Lot size:
    0.20 Acres

    Property Features for 301 1St North St

    General Information

    Lot size
    0.20 Acres

    Building Details

    Year built
    1960

    Source: Syracuse Realty Group Agent Richard Morose

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

    Overview

    Northside 6-Unit Multifamily Building

    This six-unit building is located on the Northside and features a mix of four two-bedroom units and two one-bedroom units. The property generates approximately $66,000 in gross scheduled annual income at market rents. Each unit has separate utilities, with tenants responsible for their own heating, electric, and gas costs. Off-street parking is available. The building is conveniently located near schools, businesses, medical facilities, shopping areas, 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 Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Syracuse
    County
    Onondaga
    State
    New York
    Longitude
    -76.145933
    Latitude
    43.0679434

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    FAQs

    What type of property is this?
    Apartment building - Six-unit building with strong income potential in a convenient location.
    Where is this apartment building located?
    The property is located at 301 1St North St Syracuse, NY.
    What is the asking price?
    The asking price for this property is $319,900.
    What are key features of this property?
    This property features: - $66,000 gross scheduled annual income at market rents.; - Six-unit building with a mix of two-bedroom and one-bedroom units.; - All separate utilities, tenants pay their own heating, electric, and gas costs.
    (315) 410-0373
    Request Owner's contact information
    301 1St North St Syracuse, NY 13208
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    Syracuse, NY 13208
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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
    301 1St North St Syracuse, NY 13208
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