Two-Unit Duplex with Separate
13 Seymour Street, Auburn, NY 13021
For Sale
$169,000
Two apartments offer distinct layouts, individual utilities, and off-street parking access.
Property Size1,600 SF
Days on Market56
Property Features for 13 Seymour Street
General Information
Standard status
Size
Property subtype
Units
Unit Mix
Multifamily Units
Additional Details
Utilities to Site
Taxes and HOA fees
Annual Taxes
Building Details
Building Size
Year Built
Listing Agency:
Baier Real Estate
Listed By:
Cheryl A. Stebbins · License NY #10301224401
(315) 246-3222
Source:
Griffith-realty
Added: Sep 19
Changed: Nov 12
Last Checked: Nov 12 at 5:09PM
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 Baier Real Estate
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Investment Insights
Based on property information with market context.
Built in 1900, this duplex contains two separate residential apartments with distinct bedroom configurations. The lower unit includes one bedroom, while the upper unit provides three bedrooms, giving the property a varied layout across its two residences. Each apartment has separate utilities.
Two individual driveways provide off-street parking associated with the units. The property also includes a small yard designed for straightforward exterior upkeep. Its two-unit configuration supports separate occupancy arrangements within a single residential building.
Two individual driveways provide off-street parking associated with the units. The property also includes a small yard designed for straightforward exterior upkeep. Its two-unit configuration supports separate occupancy arrangements within a single residential building.
Key Highlights
- Two‑unit duplex built in 1900
- Lower apartment includes 1 bedroom
- Upper apartment includes 3 bedrooms
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$14,451
Cap Rate
8.55%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$289,020
$289.0K
Cap Rate 7%
$206,443
$206.4K
Cap Rate 9%
$160,567
$160.6K
Market Conditions
NOI Build-Up for 1,600 SF
Gross rent
$22.1K $13.80/SF
− Vacancy
−$1.4K −$0.90/SF
EGI
$20.6K $12.90/SF
− OpEx
−$6.2K −$3.87/SF
NOI
$14.5K $9.03/SF
Area
Cayuga County, NY
Vacancy
6.50%
Lease Rate
$13.80 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$289,020
Cap Rate 7%
$206,443
Cap Rate 9%
$160,567
Alternative Uses
Best Use
Multifamily LT 5
$206.4K
$180.6K – $240.9K
NOI $14,451 @ 7.0% cap · market cap 8.55%
Second Best
Apartment 5plus
$184.0K
$161.0K – $214.6K
NOI $12,877 @ 7.0% cap · market cap 7.62%
Theoretical Best
Office A
$354.6K
$310.3K – $413.7K
NOI $24,822 @ 7.0% cap · market cap 14.69%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
2
Residential units
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
1,275
Businesses Nearby
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Business Placement
Demographics for 13021, NY
38,479
Population
18,847
Households
2
Avg Household Size
44
Median Age
27%
College-Educated
91%
High-School Grad
119.2 sq mi
ZIP Area
323
Density / Sq Mi
$58,946
Median Household Income
$41,990
Median Earnings
$874
Median Rent
$169,300
Median Home Value
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Market
Average Price Trend$/SF for Duplexes in Auburn, NY
Properties on Market for Duplexes in Auburn
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Duplex - Two apartments offer distinct layouts, individual utilities, and off-street parking access.
Where is this duplex located?
The property is located at 13 Seymour Street Auburn, NY.
What is the asking price?
The asking price for this property is $169,000.
What are key features of this property?
This property features: Two‑unit duplex built in 1900; Lower apartment includes 1 bedroom; Upper apartment includes 3 bedrooms
