Two-Unit Duplex with
For Sale
$174,900
70 East Van Buren Street 68, Oswego, NY 13126
Corner-lot property with newer mechanical systems and off-street parking.
Property Size2,000 SF
Days on Market82
Property Features for 70 East Van Buren Street 68
General Information
Standard status
Active
Size
2,000 SF
Property subtype
Duplex
Additional Details
Multifamily Units
2
Taxes and HOA fees
Annual Taxes
$3,439
Building Details
Building Size
2,000 SF
Year Built
1919
Listing Agency:
Real Broker NY LLC
Listed By:
Michael Miceli · License #10301224302
(315) 591-6101
Source:
Highfallssir
Added: Aug 12
Changed: Oct 31
Last Checked: Oct 30 at 9:09PM
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 Real Broker NY LLC
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Investment Insights
Based on property information with market context.
This duplex at 68-70 East Van Buren Street contains two residential units within a property built in 1919. Newer mechanical systems add updated building components, while the corner-lot setting provides off-street parking for occupants.
Located in the City of Oswego, NY, the property offers a two-unit residential configuration that can accommodate an owner-occupant using one unit while renting the other, or an investor seeking a single property with two units. Its layout, parking, and mechanical updates provide practical features for evaluating a duplex in the Oswego rental market.
Located in the City of Oswego, NY, the property offers a two-unit residential configuration that can accommodate an owner-occupant using one unit while renting the other, or an investor seeking a single property with two units. Its layout, parking, and mechanical updates provide practical features for evaluating a duplex in the Oswego rental market.
Key Highlights
- Two residential units in one duplex property
- Built in 1919
- Newer mechanical systems
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$15,343
Cap Rate
8.77%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$306,860
$306.9K
Cap Rate 7%
$219,186
$219.2K
Cap Rate 9%
$170,478
$170.5K
Market Conditions
NOI Build-Up for 2,000 SF
Gross rent
$29.5K $14.76/SF
− Vacancy
−$1.6K −$0.81/SF
EGI
$27.9K $13.95/SF
− OpEx
−$12.6K −$6.28/SF
NOI
$15.3K $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%
$306,860
Cap Rate 7%
$219,186
Cap Rate 9%
$170,478
Alternative Uses
Best Use
Multifamily LT 5
$235.6K
$206.2K – $274.9K
NOI $16,493 @ 7.0% cap · market cap 9.43%
Second Best
Apartment 5plus
$219.2K
$191.8K – $255.7K
NOI $15,343 @ 7.0% cap · market cap 8.77%
Theoretical Best
Office A
$398.9K
$349.1K – $465.4K
NOI $27,924 @ 7.0% cap · market cap 15.97%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
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Open Analytics
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
1,038
Businesses Nearby
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Business Placement
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
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Duplex - Corner-lot property with newer mechanical systems and off-street parking.
Where is this duplex located?
The property is located at 70 East Van Buren Street 68 Oswego, NY.
What is the asking price?
The asking price for this property is $174,900.
What are key features of this property?
This property features: Two residential units in one duplex property; Built in 1919; Newer mechanical systems
