Three-Unit Triplex with Separate
2725 S Union Street Ogden, NY 14559
2725 S Union Street, Ogden, NY, 14559
$374,900
Pending
For Sale
$374,900
Pending
Three residential units in a triplex configuration, each with separate utilities and forced-air heating.
Property Size3,740 SF
Lot Size1.15 Acres
Days on Market80
Property Features for 2725 S Union Street
General Information
- Standard status
- Pending
- Size
- 3,740 SF
- Lot size
- 1.15 Acres
- Property subtype
- Multi-Family
Building Details
- Year Built
- 1900
Listing agency
(585) 352-8833
Listed by
Howard Hanna
(585) 352-8833
Source
Xome
Added: May 5 Updated: Jul 22 at 8:10PM Checked: Jul 22 at 8:10PM
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 Howard Hanna
Investment Insights
Based on property information with market context.
This character-filled three-unit triplex offers one one-bedroom, one two-bedroom, and one three-bedroom apartment. The property is approximately 3,740 square feet and sits on about 1.15 acres. Each unit has separate utilities and forced-air furnaces. Window treatments, appliances, and an architectural roof are included with the sale.
The home is located near New York State Route 531 and Interstate 490, providing access to Rochester and surrounding areas.
Additional features include ample off-street parking, basement storage, and two storage sheds. All units are available at closing.
The home is located near New York State Route 531 and Interstate 490, providing access to Rochester and surrounding areas.
Additional features include ample off-street parking, basement storage, and two storage sheds. All units are available at closing.
Key Highlights
- 3‑unit triplex with one‑bedroom, two‑bedroom, and three‑bedroom apartments
- Approximately 3,740 sq ft of living space on 1.15 acres
- Each unit has separate utilities and forced‑air heating
Local Financial Insights For Apartment 5plus
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 | $60.6k | $16.20 |
| − Vacancy | −$3.3k | −$0.89 |
| EGI | $57.3k | $15.31 |
| − OpEx | −$25.8k | −$6.89 |
| NOI | $31.5k | $8.42 |
3,740 SF · lease $16.20/SF/yr · vacancy 5.50% · expense 45.00%
Alternative Uses
Best Use
Multifamily LT 5
$498.1K
$435.8K – $581.1K
NOI $34,864 @ 7.0% cap · market cap 9.30%
Second Best
Apartment 5plus
$449.9K
$393.6K – $524.9K
NOI $31,491 @ 7.0% cap · market cap 8.40%
Theoretical Best
Specialty Retail
$718.0K
$628.2K – $837.6K
NOI $50,258 @ 7.0% cap · market cap 13.41%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Triplexes
FAQs
What type of property is this?
Triplex - Three residential units in a triplex configuration, each with separate utilities and forced-air heating.
Where is this triplex located?
The property is located at 2725 S Union Street Ogden, NY.
What is the asking price?
The asking price for this property is $374,900.
What are key features of this property?
This property features: 3‑unit triplex with one‑bedroom, two‑bedroom, and three‑bedroom apartments; Approximately 3,740 sq ft of living space on 1.15 acres; Each unit has separate utilities and forced‑air heating
