2-Unit
For Sale
Contact for pricing
Pending
2-4 Austin Avenue, Fulton, NY 13069
Both residences need repairs and updating before they can be prepared for occupancy.
Property Size1,516 SF
Days on Market67
Property Features for 2-4 Austin Avenue
General Information
Standard status
Pending
Size
1,516 SF
Property subtype
MultiFamily
Property Condition
Severity
Repairs Needed
Evidence
requires work and updates
Additional Details
Multifamily Units
2
Building Details
Year Built
1900
Listing Agency:
Hunt Real Estate Era
Listed By:
Taylor Tagliamonte · License #10401355629
(315) 488-2926
Source:
Prestigefamilyrealty
Added: Aug 26
Changed: Oct 30
Last Checked: Oct 30 at 1:54AM
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 Hunt Real Estate Era
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Investment Insights
Based on property information with market context.
This 2-unit duplex contains 1,516 square feet and dates to 1900. Both units require repairs and updates before they are ready for occupancy. The property is offered in its current condition.
Key Highlights
- Two‑unit residential property
- 1,516 square feet
- Built in 1900
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$11,630
Suggested Prices Based on Cap Rates
Cap Rate 5%
$232,600
$232.6K
Cap Rate 7%
$166,143
$166.1K
Cap Rate 9%
$129,222
$129.2K
Market Conditions
NOI Build-Up for 1,516 SF
Gross rent
$22.4K $14.76/SF
− Vacancy
−$1.2K −$0.81/SF
EGI
$21.1K $13.95/SF
− OpEx
−$9.5K −$6.28/SF
NOI
$11.6K $7.67/SF
Area
Oswego County, NY
Vacancy
5.50%
Lease Rate
$14.76 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$232,600
Cap Rate 7%
$166,143
Cap Rate 9%
$129,222
Alternative Uses
Best Use
Multifamily LT 5
$178.6K
$156.3K – $208.4K
NOI $12,502 @ 7.0% cap · market cap 73.54%
Second Best
Apartment 5plus
$166.1K
$145.4K – $193.8K
NOI $11,630 @ 7.0% cap · market cap 68.41%
Theoretical Best
Office A
$302.4K
$264.6K – $352.8K
NOI $21,167 @ 7.0% cap · market cap 124.51%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
637
Businesses Nearby
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Business Placement
Demographics for 13069, NY
24,071
Population
10,593
Households
2.3
Avg Household Size
40
Median Age
19%
College-Educated
89%
High-School Grad
109.9 sq mi
ZIP Area
219
Density / Sq Mi
$63,156
Median Household Income
$44,073
Median Earnings
$878
Median Rent
$112,600
Median Home Value
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Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Duplex - Both residences need repairs and updating before they can be prepared for occupancy.
Where is this duplex located?
The property is located at 2-4 Austin Avenue Fulton, NY.
What are key features of this property?
This property features: Two‑unit residential property; 1,516 square feet; Built in 1900
