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    1318 Oak St Syracuse, NY 13203

    For Sale
    $205,000

    Well-maintained Syracuse duplex with steady rental income and tenant amenities.

    Property size:
    1,704 SF
    Lot size:
    0.10 Acres

    Property Features for 1318 Oak St

    General Information

    Size
    1,704 SF
    Lot size
    0.10 Acres

    Building Details

    Year built
    1920

    Source: Keller Williams Realty Syracuse Agent Robert Parsley

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

    Overview

    Syracuse Duplex: Investment Opportunity

    This well-maintained duplex, located in Syracuse, presents an investment opportunity. The property features two units, both currently occupied on year leases, providing a steady rental income stream. Tenants benefit from shared laundry facilities and a detached garage. The upstairs unit is equipped with an upgraded electric heat source. The property has been well cared for and has reliable tenants.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Clothing Store Nail Salon Food Market Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Syracuse
    County
    Onondaga
    State
    New York
    Longitude
    -76.1363343
    Latitude
    43.0698939

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    FAQs

    What type of property is this?
    Duplex - Well-maintained Syracuse duplex with steady rental income and tenant amenities.
    Where is this duplex located?
    The property is located at 1318 Oak St Syracuse, NY.
    What is the asking price?
    The asking price for this property is $205,000.
    What are key features of this property?
    This property features: - Steady rental income with both units currently occupied on year leases.; - Excellent investment opportunity.; - Well-maintained duplex.
    Request Owner's contact information
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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
    1318 Oak St Syracuse, NY 13203
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