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Two-Family Home with Private Decks

521 MAIN ST Oneida, NY 13421

521 MAIN ST, Oneida, NY, 13421
$234,500
Pending
For Sale
$234,500
Pending

Two-unit duplex offering updated central air, new appliances, and outdoor living space including a private deck and balcony.

Property Size2,096 SF
Days on Market113

Property Features for 521 MAIN ST

General Information

Standard status
Pending
Size
2,096 SF
Property subtype
Multi-Family

Building Details

Year Built
1900
Listing agency
Listed by Kay Real Estate
Source Xome
Added: Mar 31 Updated: Jul 21 at 2:40PM Checked: Jul 21 at 2:40PM

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 Kay Real Estate


Investment Insights

Based on property information with market context.

This two-family duplex offers two separate units with comfortable, functional layouts. The first-floor unit features new central air conditioning, hardwood floors, a spacious living room with a decorative fireplace, and a formal dining room. The kitchen includes a new stove and a new refrigerator, and there are two bedrooms and a full bath. A rear mudroom opens to a new private deck.

The second-floor unit includes a distinctive foyer with a stained-glass window, along with a bright living room, kitchen with a new refrigerator and a new dishwasher, two bedrooms, and a full bath. Laundry convenience is provided with a stackable washer and dryer, and there is outdoor space from the rear balcony. A third-floor walk-up attic adds additional storage.

Located at 521 Main St in Oneida, NY, the property is positioned for convenient day-to-day access while supporting rental income or owner-occupant use.

Key Highlights

  • Two‑family duplex with central air and gas heating; hardwood and ceramic tile flooring
  • First‑floor unit includes NEW central air, NEW stove, and NEW refrigerator, plus a rear mudroom to a private deck
  • Second‑floor unit features a stained‑glass foyer and NEW refrigerator and NEW dishwasher, plus a full bath with stackable washer/dryer

Local Financial Insights For Multifamily LT 5

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 $28.9k $13.80
− Vacancy −$2.2k −$1.05
EGI $26.7k $12.75
− OpEx −$8.0k −$3.83
NOI $18.7k $8.93
2,096 SF · lease $13.80/SF/yr · vacancy 7.60% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$267.3K
$233.9K – $311.8K (±1% cap)
NOI $18,709 @ 7.0% cap · market cap 7.98%
Second Best
Apartment 5plus
$241.8K
$211.6K – $282.1K (±1% cap)
NOI $16,927 @ 7.0% cap · market cap 7.22%
Theoretical Best
Industrial
$703.9K
$615.9K – $821.3K (±1% cap)
NOI $49,275 @ 7.0% cap · market cap 21.01%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Location Intelligence

Current Use by Public Records

Duplexes

Suggested Use

HVAC Service Electrical Service Storage Facility Carpet & Flooring Store Daycare Center (Bike/Boat/Book/etc) Store Veterinary Clinic Acupuncture Barber Shop Pet Grooming Service

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

FAQs

What type of property is this?
Duplex - Two-unit duplex offering updated central air, new appliances, and outdoor living space including a private deck and balcony.
Where is this duplex located?
The property is located at 521 MAIN ST Oneida, NY.
What is the asking price?
The asking price for this property is $234,500.
What are key features of this property?
This property features: Two‑family duplex with central air and gas heating; hardwood and ceramic tile flooring; First‑floor unit includes NEW central air, NEW stove, and NEW refrigerator, plus a rear mudroom to a private deck; Second‑floor unit features a stained‑glass foyer and NEW refrigerator and NEW dishwasher, plus a full bath with stackable washer/dryer
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