Four-Unit Residential Income
For Sale
$106,000
222 LANSING ST, Utica, NY 13501
Unique four-unit building with a recently installed $5,600 furnace generating rental income from three units.
Property Size3,664 SF
Price / SF$28.93
Days on Market1065
Property Features for 222 LANSING ST
General Information
Standard status
Active
Size
3,664 SF
Property subtype
Multi-Family
Additional Details
Multifamily Units
4
Taxes and HOA fees
Annual Taxes
$1,659
Amenities
Gas, Ceiling Fan(s)
Full
3
Tile, Vinyl, Carpet
Cable Available
Asphalt, Membrane, Rubber
Other
Fenced Yard.
Gravel.
Rectangular
44X120
Trash Collection. City Road, Rectangular.
Building Details
Year Built
1950
Listing Agency:
(315) 735-2222
Listed By:
Coldwell Banker Faith Properties
(315) 570-6640
Source:
Xome
Added: Oct 9, 2023
Changed: Sep 1
Last Checked: Sep 7 at 4:50AM
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 Coldwell Banker Faith Properties
Investment Insights
Based on property information with market context.
This is a unique four-unit residential income building, offering the option to live in one unit while collecting income from the other three. The property has a new $5,600 furnace, providing an updated mechanical component.
According to the landlord, the building is located within walking distance of a bus line and a variety of neighborhood amenities, including restaurants, theaters, medical facilities, and bars. The landlord also states that there is consistent local interest, with tenants inquiring frequently when units are available.
Overall, the building presents a straightforward four-plex configuration for an owner-occupant or an investor seeking existing rental income within a tight cluster of everyday services.
According to the landlord, the building is located within walking distance of a bus line and a variety of neighborhood amenities, including restaurants, theaters, medical facilities, and bars. The landlord also states that there is consistent local interest, with tenants inquiring frequently when units are available.
Overall, the building presents a straightforward four-plex configuration for an owner-occupant or an investor seeking existing rental income within a tight cluster of everyday services.
Key Highlights
- Unique 4‑unit building with rental income from 3 units
- Recently installed $5,600 furnace
- 3 basements and interior features include tile, vinyl, and carpet flooring
Property Analytics
Property Profile
Current Use
Lease Details
4
Residential units
Location Intelligence
Trade Area within ½ mile
1,772
Businesses Nearby
Explore this area
Business Placement
Demographics for 13501, NY
40,885
Population
17,071
Households
2.4
Avg Household Size
35
Median Age
22%
College-Educated
78%
High-School Grad
8.8 sq mi
ZIP Area
4,646
Density / Sq Mi
$49,771
Median Household Income
$33,632
Median Earnings
$865
Median Rent
$136,100
Median Home Value
Market
Vacancy Rate% for Multifamily in Northeast region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Quadplex - Unique four-unit building with a recently installed $5,600 furnace generating rental income from three units.
Where is this quadplex located?
The property is located at 222 LANSING ST Utica, NY.
What is the asking price?
The asking price for this property is $106,000.
What are key features of this property?
This property features: Unique 4‑unit building with rental income from 3 units; Recently installed $5,600 furnace; 3 basements and interior features include tile, vinyl, and carpet flooring
