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    Well-Updated Two-Family Residence Title is generated by Realmo AI

    1210 South Street, Utica, NY 13501

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    For Sale
    $299,900

    MULTI_FAMILY - Other - Utica, NY

    Property size:
    2,002 SF
    Price / SF:
    $149/SF
    Added:
    Jun 4, 2026
    Days on Market:
    2
    Last Refresh:
    Jun 5 at 9:06 pm

    Property Features for 1210 South Street

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Bedrooms
    6
    Bathrooms
    2
    Rooms
    Bedroom 4, Bedroom 2, Basement, Bedroom 1, Bedroom 5, Bathroom 2, Bedroom 3, Bathroom 1, Bedroom 6
    Patio and Porch features
    Patio, Porch
    Interior features
    SlidingGlassDoors
    Exterior features
    FullyFenced, Patio
    Fencing
    Fenced
    Appliances
    ElectricWaterHeater
    Standard status
    Active
    APN
    319.78-3-9
    Size
    2,002 SF

    Taxes and HOA fees

    Tax Annual Amount
    3256

    Utilities

    Heating system
    Forced Air, Heat Pump (Heating), Electric (Heating), Natural Gas
    Cooling system
    Heat Pump
    Water source
    Public

    Building Details

    Year built
    1900
    Floors in Building
    2
    Number of units
    2
    Flooring type
    Varies, Tile, Laminate, Hardwood
    Building materials
    BlownInInsulation, SprayFoamInsulation, VinylSiding, CopperPlumbing, PexPlumbing
    Roof type
    Asphalt
    Architectural style
    Other

    We can help!

    Listing Contact
    Alen Zekic

    Listing agent Alen Zekic License #10401267029

    Listing office Assist2Sell Buyers & Sellers 1st Choice 2704 Genesee St, Utica, NY

    Listing date Jun 4, 2026

    MLS# S1687975 Listing URL

    Copyright © 2026 New York State Alliance of MLSs, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • East Utica 2‑family home built in 1900 with 6 bedrooms and 2 full bathrooms
    • Renovated exterior with new vinyl siding, windows, and doors throughout
    • Updated interiors include new sheetrock walls and new flooring on the first floor plus bamboo flooring on the second floor
    • Both kitchens updated with granite countertops and stainless‑steel appliances
    • Major mechanical upgrades: updated electrical/plumbing, new electrical service panels, new gas furnaces, and new heat pumps for cooling
    • Huge lot with frontage on two streets, plus patio/porch areas, fully fenced yard, and a backyard storage shed

    Overview

    This well-maintained two-family residence has been extensively renovated over the past several years and is presented as move-in ready. Updates include new vinyl siding, windows, and doors throughout, along with interior work such as new sheetrock walls and new flooring on the first floor, plus bamboo flooring on the second floor. Both apartments feature updated kitchens with granite countertops and stainless-steel appliances, and fully renovated bathrooms. Major mechanical upgrades include updated electrical and plumbing systems throughout most of the home, new electrical service panels, new gas furnaces for heating, and new heat pumps for cooling. Additional improvements include new electric water heaters and extensive insulation using spray foam and blown-in insulation. Outside, the property offers composite front and rear porches, a newer privacy fence, and a storage shed in the backyard.

    Located in East Utica at 1210 South Street, the home sits on a large lot with frontage on two streets.

    For buyers, the configuration supports either an owner-occupied plan or a rental-income approach, with both units receiving the same level of core updates to kitchens, baths, and major systems. The combination of refreshed interiors and upgraded heating, cooling, electrical, and insulation is designed to reduce uncertainty for new ownership.

    Local Financial Insights For Apartment 5plus

    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 $32.4k $16.20
    − Vacancy −$2.1k −$1.06
    EGI $30.3k $15.14
    − OpEx −$13.6k −$6.81
    NOI $16.7k $8.32
    2,002 SF · lease $16.20/SF/yr · vacancy 6.57% · expense 45.00%

    Alternative Uses

    Best Use
    Apartment 5plus
    $238.1K
    $208.3K – $277.8K (±1% cap)
    NOI $16,666 @ 7.0% cap · market cap 5.56%
    Second Best
    —
    —
    no second resolved use
    Theoretical Best
    Office A
    $527.6K
    $461.6K – $615.5K (±1% cap)
    NOI $36,930 @ 7.0% cap · market cap 12.31%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Multifamily properties

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Accounting Firm

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

    Location Insight

    • Map
    • Local Demand
    City
    Utica
    County
    Oneida
    State
    New York
    Longitude
    -75.210008
    Latitude
    43.088284

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    FAQs

    What type of property is this?
    Multifamily property - Meticulously renovated two-family home with updated kitchens, baths, and major mechanical upgrades on a two-street frontage lot.
    Where is this multifamily property located?
    The property is located at 1210 South Street Utica, NY.
    What is the asking price?
    The asking price for this property is $299,900.
    What are key features of this property?
    This property features: East Utica 2‑family home built in 1900 with 6 bedrooms and 2 full bathrooms; Renovated exterior with new vinyl siding, windows, and doors throughout; Updated interiors include new sheetrock walls and new flooring on the first floor plus bamboo flooring on the second floor
    (315) 570-0148
    We can help!
    Listing Contact
    Alen Zekic
    Real Estate License ID: 10401267029
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    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
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