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    13 Spencer St Manheim, NY 13329

    For Sale
    $95,000

    Two-unit residential property with updated features and large lot.

    Lot size:
    0.23 Acres

    Property Features for 13 Spencer St

    General Information

    Lot size
    0.23 Acres

    Building Details

    Year built
    1920

    Source: Coldwell Banker Faith Properties Il Agent Frederick J. DeLucco

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

    Overview

    Village Two Family Home

    This two-family home offers multiple possibilities. Each apartment features three bedrooms, along with both open and enclosed porches. The first floor includes an updated kitchen, and replacement windows have been installed throughout the first floor. Some of the wiring has also been updated. Each apartment has separate meters and water heaters. The property includes an extra-large 38 ft. X 225 ft. lot. A new garage roof was installed in 2022. The owner has not had tenants in many years, so there are no income records available.
    Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Daycare Center Auto Repair Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Manheim
    County
    Herkimer
    State
    New York
    Longitude
    -74.7758936
    Latitude
    43.0993889

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    FAQs

    What type of property is this?
    Duplex - Two-unit residential property with updated features and large lot.
    Where is this duplex located?
    The property is located at 13 Spencer St Manheim, NY.
    What is the asking price?
    The asking price for this property is $95,000.
    What are key features of this property?
    This property features: - Extra large 38ft. X 225ft. lot provides ample outdoor space and potential.; - Two-family home offers income potential or multi-generational living.; - Each apartment features three bedrooms and both open and enclosed porches.
    (315) 219-7009
    Request Owner's contact information
    13 Spencer St Manheim, NY 13329
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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
    13 Spencer St Manheim, NY 13329
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