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Updated Quadplex with Rear Parking
New
For Sale
$389,000

703 Court St 701, Utica, NY 13502

Vacant multifamily property with updated systems, rear parking, and walkable access to downtown and Wynn Hospital.

Property Size5,772 SF
Days on Market2

Property Features for 703 Court St 701

General Information

Standard status Active
Size 5,772 SF
Property subtype Multi Family

Property Condition

Severity Repairs Needed
Evidence the remainder of the siding needs some TLC

Units

Unit Mix 4 x 2BR/1BA
Multifamily Units 4

Additional Details

Utilities to Site Yes

Taxes and HOA fees

Annual Taxes $4,005

Building Details

Building Size 5,772 SF
Year Built 1950
Buildings 1
Stories 2
Units 4
Listing Agency: Coldwell Banker Prime Properties New Hartford
Listed By: Merima Smajic · License #10301216989
Source: Elliman
Added: Sep 5 Last Checked: Sep 6 at 6:57AM

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 Coldwell Banker Prime Properties New Hartford

Investment Insights

Based on property information with market context.

This 1950 quadplex contains four two-bedroom, one-bath apartments and will be delivered vacant. The units feature large living and dining rooms, mainly hardwood flooring, updated bathrooms, and three newer kitchens with appliances. Four newer forced-air gas furnaces, four new hot water tanks, newer windows, and mostly updated plumbing and electrical systems support the building’s current configuration. Each apartment has two means of egress.

The property includes separate utilities for each apartment except water, along with four gas meters and five electric meters, including one for the house. A large rear parking area and shared driveway serve the building. The front siding has been updated, while the remaining siding requires additional work. One apartment is being sold in its current condition. The property is offered as-is and is within walking distance of Wynn Hospital and downtown Utica.

WalkScore is 87, rated Very Walkable, and BikeScore is 50, rated Bikeable.

Key Highlights

  • Four two‑bedroom, one‑bath apartments
  • Four newer forced‑air gas furnaces, with 2 in the basement and 2 in the attic
  • Four new hot water tanks and newer windows

Property Analytics

Current Use

Quadplexes

Suggested Use

Top Pick Real Estate Agency Skin Care Clinic Spa & Massage Center Storage Facility Veterinary Clinic Locksmith

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

4
Residential units
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

1,143
Businesses Nearby

Demographics for 13502, NY

33,990
Population
15,337
Households
2.2
Avg Household Size
38
Median Age
25%
College-Educated
87%
High-School Grad
51.4 sq mi
ZIP Area
661
Density / Sq Mi
$59,530
Median Household Income
$36,927
Median Earnings
$965
Median Rent
$149,600
Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
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Frequently Asked Questions

What type of property is this?
Quadplex - Vacant multifamily property with updated systems, rear parking, and walkable access to downtown and Wynn Hospital.
Where is this quadplex located?
The property is located at 703 Court St 701 Utica, NY.
What is the asking price?
The asking price for this property is $389,000.
What are key features of this property?
This property features: Four two‑bedroom, one‑bath apartments; Four newer forced‑air gas furnaces, with 2 in the basement and 2 in the attic; Four new hot water tanks and newer windows
More about this property
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