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Rebuilt Duplex with Independent Studio

2013 Pleasant Avenue Sylvan Beach, NY 13157

2013 Pleasant Avenue, Sylvan Beach, NY, 13157
$324,900
For Sale
$324,900

MULTI_FAMILY - Other - Sylvan Beach, NY

Property Size1,896 SF
Lot Size0.21 Acres
Price / SF$171.36
Days on Market82

Property Features for 2013 Pleasant Avenue

General Information

Property type
Residential Multi Family
Property subtype
Other
Bedrooms
3
Bathrooms
2
Rooms
Bathroom 1, Bathroom 2, Bedroom 2, Bedroom 3, Bedroom 1
Patio and Porch features
Porch
Interior features
CeilingFans, CathedralCeilings, SlidingGlassDoors, BedroomOnMainLevel
Exterior features
PropaneTankOwned
Appliances
PropaneWaterHeater, TanklessWaterHeater
Standard status
Active
APN
306401-236-019-0002-005-000-0000
Size
1,896 SF
Lot size
0.21 Acres

Taxes and HOA fees

Tax Annual Amount
4399

Utilities

Heating system
Hot Water(Heating), Propane (Heating), Baseboard, Ductless (Heating), Zoned, Electric (Heating)
Cooling system
Ductless, Wall Unit(s), Zoned
Water source
Public

Building Details

Year built
1930
Floors in Building
2
Number of units
2
Flooring type
Tile, Varies, Vinyl
Building materials
AtticCrawlHatchwaysInsulated, Stone, VinylSiding, CopperPlumbing
Roof type
Rolled Hot Mop, Shingle, Asphalt
Architectural style
Other
Listing Agency Coldwell Banker Faith Properties
2811 Genesee St, Utica, NY
Listed by Rocco DePerno · License #10301221628
Added: Apr 27 Checked: Jul 17 at 6:06 am
MLS# S1676912 Listing URL

Copyright © 2026 New York State Alliance of MLSs, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.


Investment Insights

Based on property information with market context.

2013 Pleasant Avenue was taken to the studs and rebuilt for flexibility, with new vinyl siding over fresh sheathing, Tyvek HomeWrap, new windows and exterior doors, and a new roof system with decking and sheathing. The main electrical has a new 150-amp panel, with full PEX plumbing and a high-end Utica combi boiler feeding multiple heating zones. Supplemental heating and cooling is provided by mini-splits, with Rockwool insulation between floors for sound and thermal performance. The first floor features a modern kitchen with quartz counters, farmhouse sink, two-tone cabinetry, and a tiled Schluter Kerdi shower, plus refreshed bedroom space. All first-floor appliances are brand new and have never been used. Upstairs is a fully independent studio with its own entrance, full kitchen with a gas stove, full bath, and in-unit washer/electric dryer, served by a dedicated 100-amp sub-panel and two laundry hookups. A rear flex room was updated with new exterior doors, new windows, and new roof decking, and it was intentionally left unfinished for the next owner to decide how it will be used.

Located in Sylvan Beach, the property is within a walkable setting to the waterfront in a lakeside resort community on Oneida Lake, with access to a sandy public beach, boating, and a summer boardwalk scene. The Oneida Indian Nation has invested in the area, and a major wastewater modernization project is underway.

This duplex is designed to support practical separation between living spaces while keeping options open for additional room uses. The independent upstairs studio, separate sub-panel, and multiple exterior entrances can help accommodate an owner-occupant arrangement or a multi-tenant setup. With the rear flex space left intentionally unfinished, the next owner can tailor the room to storage, a three-season space, an office, a bonus room, or other configuration they choose, based on their intended operating plan.

Key Highlights

  • Ground‑up renovation completed on a 1930‑built Sylvan Beach home with new windows, new exterior doors, and new vinyl siding over fresh sheathing/tyvek homewrap
  • New roof decking and sheathing plus rolled hot mop, asphalt, and shingle roofing
  • 150‑amp main panel with full PEX plumbing and new drain/waste/vent; copper plumbing used

Local Financial Insights For Multifamily LT 5

Simulate Cap Rate and NOI

NOI Build-Up
Vacancy
income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
EGI (Effective Gross Income)
gross rent minus vacancy losses — the realistic income before paying operating costs.
OpEx (Operating Expenses)
recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
NOI (Net Operating Income)
income a property generates after operating costs but before financing and taxes.

Component $ $/SF
Gross rent $26.2k $13.80
− Vacancy −$1.6k −$0.86
EGI $24.5k $12.94
− OpEx −$7.4k −$3.88
NOI $17.2k $9.06
1,896 SF · lease $13.80/SF/yr · vacancy 6.24% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$245.3K
$214.7K – $286.2K (±1% cap)
NOI $17,172 @ 7.0% cap · market cap 5.29%
Second Best
Apartment 5plus
$225.5K
$197.3K – $263.1K (±1% cap)
NOI $15,783 @ 7.0% cap · market cap 4.86%
Theoretical Best
Office A
$499.6K
$437.2K – $582.9K (±1% cap)
NOI $34,974 @ 7.0% cap · market cap 10.76%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Duplexes

Suggested Use

Building Supply Auto Repair Shop Auto Parts Store (Bike/Boat/Book/etc) Store Bakery Electrical Service Nail Salon Pet Grooming Service Fish Market Spa & Massage Center

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

FAQs

What type of property is this?
Duplex - Top-to-bottom rebuilt duplex with separate upstairs studio entrance and documented continuous rental for 12+ months.
Where is this duplex located?
The property is located at 2013 Pleasant Avenue Sylvan Beach, NY.
What is the asking price?
The asking price for this property is $324,900.
What are key features of this property?
This property features: Ground‑up renovation completed on a 1930‑built Sylvan Beach home with new windows, new exterior doors, and new vinyl siding over fresh sheathing/tyvek homewrap; New roof decking and sheathing plus rolled hot mop, asphalt, and shingle roofing; 150‑amp main panel with full PEX plumbing and new drain/waste/vent; copper plumbing used
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