Two-Family Duplex with Separate
For Sale
$89,000
Pending
512 Nichols St, Utica, NY 13501
Two-family duplex in Utica with separated utilities, sold as-is and ready for a buyer seeking a value-add project.
Property Size2,386 SF
Days on Market65
Property Features for 512 Nichols St
General Information
Standard status
Pending
Size
2,386 SF
Property subtype
Multi Family
Additional Details
Multifamily Units
2
Taxes and HOA fees
Annual Taxes
$2,932
Building Details
Building Size
2,386 SF
Year Built
1920
Stories
2
Units
2
Listing Agency:
Assist2Sell Buyers & Sellers 1st Choice
(315) 570-0148
Listed By:
Alen Zekic · License #10401267029
(315) 570-0148
Source:
Elliman
Added: Jun 25
Changed: Aug 8
Last Checked: Aug 26 at 10:33AM
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 Assist2Sell Buyers & Sellers 1st Choice
Investment Insights
Based on property information with market context.
This two-family duplex offers a straightforward rental setup with separated utilities for each unit. The property requires TLC and is being sold in as-is condition, making it well suited for investors, flippers, or owner-occupants prepared to bring the home up to their standards.
Located at 512 Nichols St in Utica, NY, the home is described as bikeable and very walkable based on available walk and bike scores. The current offering is focused on buyers looking for an in-hand renovation opportunity rather than turn-key condition.
For practical fit, the separated utilities can support independent tenant arrangements or an owner-occupant strategy where one side can help offset household costs. Because the property is sold as-is and needs work, buyers should plan for renovation scope as part of underwriting. This is a property best approached by those who can execute updates and repairs to reposition the duplex for their intended use.
Located at 512 Nichols St in Utica, NY, the home is described as bikeable and very walkable based on available walk and bike scores. The current offering is focused on buyers looking for an in-hand renovation opportunity rather than turn-key condition.
For practical fit, the separated utilities can support independent tenant arrangements or an owner-occupant strategy where one side can help offset household costs. Because the property is sold as-is and needs work, buyers should plan for renovation scope as part of underwriting. This is a property best approached by those who can execute updates and repairs to reposition the duplex for their intended use.
Key Highlights
- East Utica 2‑family duplex
- Year built: 1920
- Separated utilities
Property Analytics
Property Profile
Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
557
Businesses Nearby
Explore this area
Business Placement
Demographics for 13501, NY
40,885
Population
17,071
Households
2.4
Avg Household Size
35
Median Age
22%
College-Educated
78%
High-School Grad
8.8 sq mi
ZIP Area
4,646
Density / Sq Mi
$49,771
Median Household Income
$33,632
Median Earnings
$865
Median Rent
$136,100
Median Home Value
Market
Vacancy Rate% for Multifamily in Northeast region
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Frequently Asked Questions
What type of property is this?
Duplex - Two-family duplex in Utica with separated utilities, sold as-is and ready for a buyer seeking a value-add project.
Where is this duplex located?
The property is located at 512 Nichols St Utica, NY.
What is the asking price?
The asking price for this property is $89,000.
What are key features of this property?
This property features: East Utica 2‑family duplex; Year built: 1920; Separated utilities
