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Leased Two-Unit Duplex

65 W Bridge St, Oswego, NY 13126

For Sale
New
$264,000

Both apartments are leased, with off-street parking serving the property.

Property Size3,026 SF
Days on Market1

Property Features for 65 W Bridge St

General Information

Standard status Active
Size 3,026 SF
Property subtype Multi Family

Site & Location

Road Access Yes
Public Transit Yes

Units

Unit Mix 1 x 4BR, 1 x 5BR
Multifamily Units 2

Additional Details

Tenant in Place Yes

Taxes and HOA fees

Annual Taxes $4,741

Building Details

Building Size 3,026 SF
Year Built 1870
Stories 2
Units 2
Listing Agency: Century 21 Galloway Realty
Listed By: Ryan Galloway · License NY #10401343808
Source: Elliman
Added: Nov 10 Last Checked: Nov 10 at 2:09PM

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 Century 21 Galloway Realty

Rey
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Investment Insights

Based on property information with market context.

This duplex at 65 W Bridge St contains two apartments totaling nine bedrooms: one has four bedrooms and the other has five. Both units are currently leased, and off-street parking is available. The building dates to 1870.

The property sits on Bridge Street in Oswego, with access to SUNY Oswego, public transportation, restaurants, shopping, and other local amenities. Its two-unit layout and existing leases support continued multifamily rental use.

Key Highlights

  • Two apartments with nine bedrooms in total: one four‑bedroom unit and one five‑bedroom unit
  • Both units are currently leased
  • Off‑street parking

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$23,214
Cap Rate
8.79%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$464,280 $464.3K
Cap Rate 7%
$331,629 $331.6K
Cap Rate 9%
$257,933 $257.9K
Market Conditions
NOI Build-Up for 3,026 SF
Gross rent
$44.7K $14.76/SF
− Vacancy
−$2.5K −$0.81/SF
EGI
$42.2K $13.95/SF
− OpEx
−$19.0K −$6.28/SF
NOI
$23.2K $7.67/SF
Area
Oswego County, NY
Vacancy
5.50%
Lease Rate
$14.76 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$464,280
Cap Rate 7%
$331,629
Cap Rate 9%
$257,933

Alternative Uses

Best Use
Multifamily LT 5
$356.5K
$311.9K – $415.9K (±1% cap)
NOI $24,955 @ 7.0% cap · market cap 9.45%
Second Best
Apartment 5plus
$331.6K
$290.2K – $386.9K (±1% cap)
NOI $23,214 @ 7.0% cap · market cap 8.79%
Theoretical Best
Office A
$603.6K
$528.1K – $704.2K (±1% cap)
NOI $42,250 @ 7.0% cap · market cap 16.00%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Lease Details

2
Residential units
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

1,359
Businesses Nearby

Demographics for 13126, NY

35,477
Population
15,668
Households
2.3
Avg Household Size
36
Median Age
29%
College-Educated
92%
High-School Grad
100.7 sq mi
ZIP Area
352
Density / Sq Mi
$63,590
Median Household Income
$30,469
Median Earnings
$992
Median Rent
$134,600
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Properties on Market for Duplexes in Oswego County

Jul
Aug
Sep
Oct

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025

Frequently Asked Questions

What type of property is this?
Duplex - Both apartments are leased, with off-street parking serving the property.
Where is this duplex located?
The property is located at 65 W Bridge St Oswego, NY.
What is the asking price?
The asking price for this property is $264,000.
What are key features of this property?
This property features: Two apartments with nine bedrooms in total: one four‑bedroom unit and one five‑bedroom unit; Both units are currently leased; Off‑street parking
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