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    308 Nelson Ave East Syracuse, NY 13057

    For Sale
    $199,000

    Two-unit property in East Syracuse Minoa School District.

    Lot size:
    0.11 Acres

    Property Features for 308 Nelson Ave

    General Information

    Lot size
    0.11 Acres

    Building Details

    Year built
    1935

    Source: Coldwell Banker Prime Prop,Inc Agent Lauren DeGilormo

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

    Overview

    Two-Unit Property, Great Investment

    This two-unit property presents an investment opportunity. The front unit features one bedroom and a spacious living area with an upstairs bedroom layout. It is currently tenant-occupied, providing immediate rental income. The rear unit offers two bedrooms and is delivered vacant, making it suitable for an owner's residence. The detached units provide tenants with added privacy, potentially increasing long-term occupancy. Located in the East Syracuse Minoa School District, the property is conveniently close to shopping, dining, and major highways, which may ensure strong rental demand. This property offers the potential to grow an investment portfolio.
    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
    East Syracuse
    County
    Onondaga
    State
    New York
    Longitude
    -76.081691
    Latitude
    43.071861

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    FAQs

    What type of property is this?
    Duplex - Two-unit property in East Syracuse Minoa School District.
    Where is this duplex located?
    The property is located at 308 Nelson Ave East Syracuse, NY.
    What is the asking price?
    The asking price for this property is $199,000.
    What are key features of this property?
    This property features: - Two separate units: One tenant-occupied (1 bedroom), one vacant (2 bedroom) for flexible use.; - Excellent investment opportunity with immediate rental income potential.; - Desirable East Syracuse Minoa School District.
    (315) 372-9857
    Request Owner's contact information
    308 Nelson Ave East Syracuse, NY 13057
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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
    308 Nelson Ave East Syracuse, NY 13057
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