Updated Two-Family
For Sale
$153,000
330 Gilbert St, Utica, NY 13501
Two residential units feature refreshed interiors, separate utilities, and on-site parking.
Property Size1,592 SF
Days on Market61
Property Features for 330 Gilbert St
General Information
Standard status
Active
Size
1,592 SF
Property subtype
Multi Family
Additional Details
Multifamily Units
2
Taxes and HOA fees
Annual Taxes
$2,650
Building Details
Building Size
1,592 SF
Year Built
1900
Buildings
1
Stories
2
Units
2
Listing Agency:
Assist2Sell Buyers & Sellers 1st Choice
Listed By:
Alen Zekic · License #10401267029
(315) 570-0148
Source:
Elliman
Added: Sep 1
Changed: Oct 25
Last Checked: Oct 30 at 4:13PM
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 Assist2Sell Buyers & Sellers 1st Choice
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Investment Insights
Based on property information with market context.
This two-family property contains two residential apartments with updated kitchens and bathrooms. Interior improvements include laminate flooring throughout, fresh paint, and newly installed sheetrock in some areas. Separate utilities support distinct unit operations, while the property also provides a dedicated parking area.
Built in 1900, the duplex is located at 330 Gilbert St in Utica, NY. Walk Score is 61 and Bike Score is 44, reflecting somewhat walkable and somewhat bikeable conditions. The property suits an owner-occupant or investor seeking a two-unit residential building with completed interior updates and functional site amenities.
Built in 1900, the duplex is located at 330 Gilbert St in Utica, NY. Walk Score is 61 and Bike Score is 44, reflecting somewhat walkable and somewhat bikeable conditions. The property suits an owner-occupant or investor seeking a two-unit residential building with completed interior updates and functional site amenities.
Key Highlights
- Two‑family duplex with two residential apartments
- Updated kitchens and bathrooms in both apartments
- Laminate flooring throughout with fresh interior paint
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$13,253
Cap Rate
8.66%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$265,060
$265.1K
Cap Rate 7%
$189,329
$189.3K
Cap Rate 9%
$147,256
$147.3K
Market Conditions
NOI Build-Up for 1,592 SF
Gross rent
$25.8K $16.20/SF
− Vacancy
−$1.7K −$1.06/SF
EGI
$24.1K $15.14/SF
− OpEx
−$10.8K −$6.81/SF
NOI
$13.3K $8.32/SF
Area
Oneida County, NY
Vacancy
6.57%
Lease Rate
$16.20 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$265,060
Cap Rate 7%
$189,329
Cap Rate 9%
$147,256
Alternative Uses
Best Use
Multifamily LT 5
$206.0K
$180.2K – $240.3K
NOI $14,419 @ 7.0% cap · market cap 9.42%
Second Best
Apartment 5plus
$189.3K
$165.7K – $220.9K
NOI $13,253 @ 7.0% cap · market cap 8.66%
Theoretical Best
Office A
$419.5K
$367.1K – $489.5K
NOI $29,367 @ 7.0% cap · market cap 19.19%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
348
Businesses Nearby
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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
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Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Duplex - Two residential units feature refreshed interiors, separate utilities, and on-site parking.
Where is this duplex located?
The property is located at 330 Gilbert St Utica, NY.
What is the asking price?
The asking price for this property is $153,000.
What are key features of this property?
This property features: Two‑family duplex with two residential apartments; Updated kitchens and bathrooms in both apartments; Laminate flooring throughout with fresh interior paint
