742 Jay St Utica, NY 13501

Building Details

Year Built

1955

Listing agency Faith Properties, Inc. j***@jerrysellscnyrealestate.com Show Phone

Listed by C. Vitiello · License #10311200206 Show Phone

Source Elliman

Added: Jul 4 Updated: Jul 21 at 12:10PM Checked: Jul 21 at 12:10PM

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Investment Insights

Based on property information with market context.

This four-unit apartment building is positioned as an income producer with three of the four units updated and ready to rent. The remaining unit is currently occupied, with the tenant paying below-market rent until it is updated.

Off-street parking is available, supporting tenant convenience. The building is noted as bikeable and very walkable based on published scores.

As described, work has been completed to update the property, leaving the final unit’s update to complete the full rent-ready profile. The property’s setup makes it straightforward to stabilize income by bringing the last unit up to updated condition and rental terms.

Key Highlights

• 4‑unit apartment building built in 1955 with off‑street parking
• 3 of 4 units have been updated and are ready to rent
• 1 unit is currently occupied with below‑market rent until updated

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FAQs

What type of property is this?

Quadplex - Four-unit apartment with three updated units and off-street parking, with one unit currently occupied and below-market rent.

Where is this quadplex located?

The property is located at 742 Jay St Utica, NY.

What is the asking price?

The asking price for this property is $374,900.

What are key features of this property?

This property features: 4‑unit apartment building built in 1955 with off‑street parking; 3 of 4 units have been updated and are ready to rent; 1 unit is currently occupied with below‑market rent until updated