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    507-509 S Wilbur Ave Syracuse, NY 13204

    For Sale
    $259,900

    A century-old multifamily home with original charm and separate utilities.

    Property size:
    2,912 SF
    Lot size:
    0.16 Acres

    Property Features for 507-509 S Wilbur Ave

    General Information

    Size
    2,912 SF
    Lot size
    0.16 Acres

    Building Details

    Year built
    1925

    Source: Keller Williams Realty Syracuse Agent Elizabeth Losty

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Charming Multifamily Home with History

    This multifamily home, with a century-long history of family ownership, features original charm, character, and natural woodwork throughout each unit. The property includes dedicated off-street parking. Each unit mirrors the other, featuring a living room, dining room, three bedrooms, a full bathroom, a kitchen, and an enclosed back storage porch. The kitchens have slightly different designs. Separate utilities for gas and electric, along with two water heaters and two furnaces, facilitate double occupancy. Newer windows and hardwood floors are present throughout the home. Exterior green space is available for outdoor recreation. The property size is 2912 square feet.
    Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Syracuse
    County
    Onondaga
    State
    New York
    Longitude
    -76.1770952
    Latitude
    43.0458834

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    FAQs

    What type of property is this?
    Duplex - A century-old multifamily home with original charm and separate utilities.
    Where is this duplex located?
    The property is located at 507-509 S Wilbur Ave Syracuse, NY.
    What is the asking price?
    The asking price for this property is $259,900.
    What are key features of this property?
    This property features: - Multi-family home with separate utilities (gas, electric, 2 water heaters, 2 furnaces) ideal for double occupancy.; - Dedicated off-street parking, a valuable asset in Tipperary Hill.; - Features 3 bedrooms, full bathrooms, living room, dining room, kitchens, and enclosed back storage porches in each unit.
    Request Owner's contact information
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    507-509 S Wilbur Ave Syracuse, NY 13204
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