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    506 Valley Dr, Unit 8 Syracuse, NY 13207

    For Sale
    $299,900

    Meticulously maintained four-unit apartment building with modern upgrades.

    Lot size:
    0.25 Acres

    Property Features for 506 Valley Dr

    General Information

    Lot size
    0.25 Acres

    Building Details

    Year built
    1920

    Source: Hunt Real Estate ERA Agent Dante Belmonte

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

    Overview

    Four-Unit Apartment Building Investment

    This four-unit apartment building presents an investment opportunity suitable for investors or owner-occupants seeking rental income. The property features two two-bedroom units and two one-bedroom units. Each unit is equipped with separate gas and electric meters, furnaces, hot water heaters and electric breaker panels, allowing tenants to manage their own utility expenses. Modern upgrades include new furnaces, new hot water tanks, a new service cable entry line, and new PEX plumbing lines. Each apartment has been remodeled with contemporary finishes, updated kitchens, and refreshed bathrooms.
    Location Intelligence

    Current Use by Public Records

    Quadplexes

    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
    -76.1583672
    Latitude
    43.0125149

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    FAQs

    What type of property is this?
    Quadplex - Meticulously maintained four-unit apartment building with modern upgrades.
    Where is this quadplex located?
    The property is located at 506 Valley Dr, Unit 8 Syracuse, NY.
    What is the asking price?
    The asking price for this property is $299,900.
    What are key features of this property?
    This property features: - Four-unit apartment building offering a strong investment opportunity with steady rental income potential.; - Tenants pay their own utilities, thanks to separate gas and electric meters, furnaces, hot water heaters & electric breaker panels for each unit.; - Numerous modern upgrades including new furnaces, hot water tanks, service cable entry line, and PEX plumbing lines.
    (315) 446-4681
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    506 Valley Dr, Unit 8 Syracuse, NY 13207
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    Syracuse, NY 13207
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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
    506 Valley Dr, Unit 8 Syracuse, NY 13207
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