Updated Two-Unit
New
For Sale
$279,000
12050 Savage Rd, Sardinia, NY 14030
Upper and lower apartments provide matching layouts suited to rental or owner-occupant use.
Days on Market3
Property Features for 12050 Savage Rd
General Information
Standard status
Active
Property subtype
Multi Family
Building Details
Building Size
2,032 SF
Year Built
1920
Tenancy
Multi
Listing Agency:
WNY METRO ROBERTS REALTY
(716) 498-1330
Listed By:
Jessica Petri · License #10401361674
(716) 498-1330
Source:
Elliman
Added: Jul 30
Changed: Jul 31
Last Checked: Jul 31 at 10:03PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of WNY METRO ROBERTS REALTY
Investment Insights
Based on property information with market context.
This upper/lower duplex, built in 1920, includes two apartments with matching layouts. Each unit has 2 bedrooms, 1 full bathroom, a living room, and a functional floor plan. The property supports an owner-occupant arrangement with one unit available for rental, or use of both apartments as an income property.
Major updates include new windows installed 4 years ago and a new roof installed 8 years ago. Located at 12050 Savage Rd in Sardinia, NY, the property is 10 minutes from Springville and 8 minutes from Arcade. The location has a Walk Score of 10 and a bikeScore of 26, classified as Somewhat Bikeable.
Major updates include new windows installed 4 years ago and a new roof installed 8 years ago. Located at 12050 Savage Rd in Sardinia, NY, the property is 10 minutes from Springville and 8 minutes from Arcade. The location has a Walk Score of 10 and a bikeScore of 26, classified as Somewhat Bikeable.
Key Highlights
- Two‑unit upper/lower duplex with 2 bedrooms and 1 full bathroom in each unit
- New windows installed 4 years ago
- New roof installed 8 years ago
Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $28.0k | $13.80 |
| − Vacancy | −$9.4k | −$4.61 |
| EGI | $18.7k | $9.19 |
| − OpEx | −$5.6k | −$2.76 |
| NOI | $13.1k | $6.43 |
2,032 SF · lease $13.80/SF/yr · vacancy 33.44% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$186.6K
$163.3K – $217.8K
NOI $13,065 @ 7.0% cap · market cap 4.68%
Second Best
Apartment 5plus
$167.6K
$146.7K – $195.5K
NOI $11,732 @ 7.0% cap · market cap 4.21%
Theoretical Best
Office A
$444.2K
$388.7K – $518.2K
NOI $31,094 @ 7.0% cap · market cap 11.14%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
14
Businesses Nearby
Explore this area
Business Placement
Demographics for 14030, NY
1,755
Population
791
Households
2.2
Avg Household Size
48
Median Age
19%
College-Educated
89%
High-School Grad
21.2 sq mi
ZIP Area
83
Density / Sq Mi
$84,792
Median Household Income
$49,069
Median Earnings
$743
Median Rent
$204,100
Median Home Value
Market
Vacancy Rate% for Multifamily in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - Upper and lower apartments provide matching layouts suited to rental or owner-occupant use.
Where is this duplex located?
The property is located at 12050 Savage Rd Sardinia, NY.
What is the asking price?
The asking price for this property is $279,000.
What are key features of this property?
This property features: Two‑unit upper/lower duplex with 2 bedrooms and 1 full bathroom in each unit; New windows installed 4 years ago; New roof installed 8 years ago
