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    205-274 Robert Dr Syracuse, NY 13210

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    For Sale
    $13,900,000

    Investment opportunity near Syracuse University with 52 townhomes.

    Lot size:
    4.00 Acres

    Property Features for 205-274 Robert Dr

    General Information

    Lot size
    4.00 Acres

    Building Details

    Year built
    1975

    Source: Canaan Realty Agent Allen Olmsted

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

    Overview

    Syracuse University Area Townhomes

    This investment opportunity features approximately 4 acres of contiguous parcels, located within walking distance of Syracuse University Campus and on the South Campus bus line. The property includes 52 townhomes in 26 separate duplex buildings, each with 3 bedrooms and 1.5 bathrooms. The units are furnished, and many have been completely renovated within the last 10 years. The current owner uses one side of a house on E. Colvin as the management office. The property has excellent occupancy rates with A+ tenants. Square footage is based on a total of 26 units. There are 26 separate tax parcels.
    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
    -76.1319139
    Latitude
    43.0267974

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    FAQs

    What type of property is this?
    Duplex - Investment opportunity near Syracuse University with 52 townhomes.
    Where is this duplex located?
    The property is located at 205-274 Robert Dr Syracuse, NY.
    What is the asking price?
    The asking price for this property is $13,900,000.
    What are key features of this property?
    This property features: - Large contiguous parcel (approx. 4 acres) near Syracuse University.; - 52 townhomes (26 duplex buildings) offer significant rental income potential.; - Furnished 3BR/1.5BA units attract quality tenants.
    (315) 682-4500
    Request Owner's contact information
    205-274 Robert Dr Syracuse, NY 13210
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    Syracuse, NY 13210
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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
    205-274 Robert Dr Syracuse, NY 13210
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