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Two-Family Residential Income

501-503 Dewitt St Syracuse, NY 13203

501-503 Dewitt St, Syracuse, NY, 13203
$198,000
Pending
For Sale
$198,000
Pending

Two-family property with an updated roof and an upper apartment rehab completed, while the first-floor unit requires finish work.

Days on Market87

Property Features for 501-503 Dewitt St

General Information

Standard status
Pending
Property subtype
Multi Family

Building Details

Year Built
1890
Listing agency
Listed by David A. Daino
Source Elliman
Added: Apr 27 Updated: Jul 22 at 10:44AM Checked: Jul 22 at 10:44AM

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 David A. Daino


Investment Insights

Based on property information with market context.

This two-family residential income property is configured with a first-floor apartment and an upper apartment. The upper apartment rehab has been completed, and the property features a newer roof with a transferable warranty. The first-floor apartment needs to be finished by the buyer, with items such as cabinetry, some appliances, and a dishwasher present but requiring repair or setup. The first-floor unit also includes laundry hook-ups in the upper apartment, while the first-floor apartment is described as being in the basement with laundry hook-ups noted for the upper unit. The basement is stone with exterior facing using concrete, and the basement floor is insulated.

The property is adjacent to the Sedgwick Farm tract and is across from a tennis club. No operating expenses are included in the information provided.

Interior photos were taken prior to the upper apartment being rented.

Key Highlights

  • Two‑family home built in 1890 with an updated/“newer” roof that includes a transferable warranty
  • Upper apartment rehab has been completed (interior photos were taken prior to the upper apartment being rented)
  • First‑floor apartment needs finishing work and includes items present such as kitchen cabinets, tub surround, and some appliances

Property Analytics

Location Intelligence

Current Use by Public Records

Duplexes

Suggested Use

Real Estate Agency Dental Office Parking Lot & Garage HVAC Service (Bike/Boat/Book/etc) Store Acupuncture (Bike/Boat/Book/etc) Store Building Supply Garden Center Kitchen & Bath Showroom

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

FAQs

What type of property is this?
Duplex - Two-family property with an updated roof and an upper apartment rehab completed, while the first-floor unit requires finish work.
Where is this duplex located?
The property is located at 501-503 Dewitt St Syracuse, NY.
What is the asking price?
The asking price for this property is $198,000.
What are key features of this property?
This property features: Two‑family home built in 1890 with an updated/“newer” roof that includes a transferable warranty; Upper apartment rehab has been completed (interior photos were taken prior to the upper apartment being rented); First‑floor apartment needs finishing work and includes items present such as kitchen cabinets, tub surround, and some appliances
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