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Two-Unit Duplex with Separate Utilities

1224 North State Street, Syracuse, NY 13208

For Sale
$185,000
Pending

Independent furnaces, hot water tanks, and utility meters serve the two apartments.

Property Size2,148 SF
Days on Market55

Property Features for 1224 North State Street

General Information

Standard status Pending
Size 2,148 SF
Property subtype Multi Family
Occupancy 100%

Units

Unit Mix 2 x 3BR/1BA
Multifamily Units 2

Additional Details

Gross Income $29,400
Utilities to Site Yes

Amenities

washer/dryer hookups

Building Details

Building Size 2,148 SF
Year Built 1880
Buildings 1
Stories 2
Tenancy Multi
Listing Agency: Mauro Bros Real Estate Ser LLC
Listed By: Andre B Mauro · License NY #10491201020
Source: Griffith-realty
Added: Sep 21 Changed: Nov 8 Last Checked: Nov 12 at 1:18PM

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 Mauro Bros Real Estate Ser LLC

Rey
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Investment Insights

Based on property information with market context.

This Syracuse duplex contains two apartments, each with three bedrooms and one full bathroom. Separate furnaces, hot water tanks, and utility meters serve the units. The first-floor apartment also has washer and dryer hookups. Built in 1880, the property has a fully paved lot with off-street parking.

Both apartments are occupied under one-year leases. Tenants pay their gas and electric utilities, while the owner pays for water.

Key Highlights

  • Two apartments, each with 3 bedrooms and 1 full bathroom
  • Separate furnace, hot water tank, and utility meters for each apartment
  • First‑floor unit includes washer and dryer hookups

Property Analytics

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Lease Details

2
Residential units
100%
Occupancy
Multi-tenant
Tenancy
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

1,408
Businesses Nearby

Demographics for 13208, NY

23,603
Population
10,325
Households
2.3
Avg Household Size
33
Median Age
19%
College-Educated
77%
High-School Grad
4.1 sq mi
ZIP Area
5,757
Density / Sq Mi
$40,641
Median Household Income
$35,015
Median Earnings
$999
Median Rent
$110,300
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Average Price Trend$/SF for Duplexes in Syracuse, NY

$131 Jul
$103 Aug
$98.35 Sep
$97.31 Oct

Properties on Market for Duplexes in Syracuse

Jul
Aug
Sep
Oct

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025

Frequently Asked Questions

What type of property is this?
Duplex - Independent furnaces, hot water tanks, and utility meters serve the two apartments.
Where is this duplex located?
The property is located at 1224 North State Street Syracuse, NY.
What is the asking price?
The asking price for this property is $185,000.
What are key features of this property?
This property features: Two apartments, each with 3 bedrooms and 1 full bathroom; Separate furnace, hot water tank, and utility meters for each apartment; First‑floor unit includes washer and dryer hookups
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