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    723 Orwood Pl Syracuse, NY 13208

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    For Sale
    $157,000

    Two apartments above garage, suitable for rental or worker housing.

    Lot size:
    0.06 Acres

    Property Features for 723 Orwood Pl

    General Information

    Lot size
    0.06 Acres

    Building Details

    Year built
    1975

    Source: Howard Hanna Real Estate Agent David E. Bull

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

    Overview

    Unique Masonry Contractor Property

    This unique property, built to resemble a raised ranch, was constructed in 1975 by a masonry contractor for his own business and has been owned by him since. The cement block construction measures 30 feet deep and 40 feet wide, featuring two overhead garage doors approximately 8 feet high, designed to accommodate a truck. Above the garage are two apartments, suitable for rental income or worker housing. One unit is a two-bedroom apartment, and the other is a one-bedroom apartment. The property is located within the Lyncourt school district.
    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 Gym & Fitness Building Supply

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

    Location Insight

    • Map
    • Local Demand
    City
    Syracuse
    County
    Onondaga
    State
    New York
    Longitude
    -76.124504
    Latitude
    43.081123

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    FAQs

    What type of property is this?
    Duplex - Two apartments above garage, suitable for rental or worker housing.
    Where is this duplex located?
    The property is located at 723 Orwood Pl Syracuse, NY.
    What is the asking price?
    The asking price for this property is $157,000.
    What are key features of this property?
    This property features: - Rental income potential from two apartments, one 2-bedroom, one 1-bedroom, with historically low vacancy.; - **Large 30 ft deep x 40 ft wide garage with two 8 ft high overhead doors, suitable for trucks or equipment.**; - Solid cement block construction.
    (315) 446-8291
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    723 Orwood Pl Syracuse, NY 13208
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    Syracuse, NY 13208
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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
    723 Orwood Pl Syracuse, NY 13208
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