Listing Agency: Coldwell Banker Prime Properties Camillus

Listed By: Joseph Blais · License #NY

Source: Crexi

Added: Apr 11 Changed: Aug 30 Last Checked: Sep 2 at 10:48AM

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Investment Insights

Based on property information with market context.

This quadplex at 221-23 Oakwood Ave in Syracuse includes four apartments with separate utility service. The property has four new furnaces and four new hot water heaters, along with newer shingles covering most of the roof. A garage is included with the sale, as is on-site parking for more than four cars. The property is located in Syracuse, NY 13202.

Key Highlights

• Four apartments with separate utilities
• 4 new furnaces
• 4 new hot water heaters

Property Analytics

Current Use

Quadplexes

Suggested Use

Top Pick Auto Parts Store HVAC Service Electrical Service Garden Center (Bike/Boat/Book/etc) Store Butcher

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

4

Residential units

Location Intelligence

Trade Area within ½ mile

4,204

Businesses Nearby

Explore this area Business Placement

Demographics for 13202, NY

6,967

Population

3,525

Households

2

Avg Household Size

30

Median Age

36%

College-Educated

78%

High-School Grad

1.0 sq mi

ZIP Area

6,967

Density / Sq Mi

$27,365

Median Household Income

$35,990

Median Earnings

$807

Median Rent

$79,300

Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022

4.6% 2023

5.3% 2024

5.6% 2025

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Frequently Asked Questions

What type of property is this?

Quadplex - Four apartments feature separate utilities, new furnaces, and new hot water heaters.

Where is this quadplex located?

The property is located at 221-23 Oakwood Ave Syracuse, NY.

What are key features of this property?

This property features: Four apartments with separate utilities; 4 new furnaces; 4 new hot water heaters