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    119 Parkview Ave Syracuse, NY 13207

    For Sale
    $249,900

    Multifamily property with two units, generating $43,200 annual income.

    Lot size:
    0.12 Acres

    Property Features for 119 Parkview Ave

    General Information

    Lot size
    0.12 Acres

    Building Details

    Year built
    1927

    Source: The O'Hara Group Agent Connor Schwartz

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

    Overview

    Income-Producing Multifamily Property Near Park

    Located on the Westside of Syracuse, 119 Parkview Ave is a multi-family property situated across the street from Onondaga Park. The property features two units, offering a total of six bedrooms and two bathrooms. Currently, both units are occupied, generating a gross monthly rent of $3,600, which equates to a gross annual income of $43,200. The property includes a small driveway providing off-street parking, a backyard for outdoor space, and an unfinished basement that offers additional storage potential. The location provides convenient access to shopping, dining, public transportation, and recreational areas. This property is intended as an investment opportunity, offering cash flow in a growing rental market.
    Location Intelligence

    Current Use by Public Records

    Duplexes

    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
    -76.1631868
    Latitude
    43.0264709

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    FAQs

    What type of property is this?
    Multifamily property - Multifamily property with two units, generating $43,200 annual income.
    Where is this multifamily property located?
    The property is located at 119 Parkview Ave Syracuse, 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: - Income-producing multi-family property generating $3,600 gross monthly rent ($43,200 annually).; - Located directly across from Onondaga Park.; - Two spacious units with a total of six bedrooms and two bathrooms.
    (315) 491-6088
    Request Owner's contact information
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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
    119 Parkview Ave Syracuse, NY 13207
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