Two-Home Income Property with
For Sale
$369,900
7604-7610 Van Buren Rd Unit 7604, Baldwinsville, NY 13027
Updated duplex-style property with two separate homes on 2.07 acres, ready for new owners.
Property Size2,778 SF
Lot Size2.07 Acres
Price / SF$133.15
Days on Market134
Property Features for 7604-7610 Van Buren Rd Unit 7604
General Information
Standard status
Active
Size
2,778 SF
Lot size
2.07 Acres
Property subtype
Multi-Family
Additional Details
Highway Access
Yes
Building Details
Year Built
1950
Listing Agency:
Inquire Realty
Listed By:
Mandy Saloski · License #10301213151
(315) 427-4686
Source:
Skinnercnyrealty
Added: Jun 10
Changed: Oct 11
Last Checked: Oct 7 at 3:28PM
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 Inquire Realty
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Investment Insights
Based on property information with market context.
This unique two-home income property includes two updated residences on 2.07 acres, originally built as a family compound with a mother/grandmother home and a son/daughter-in-law home. The combined square footage is 2,778, with one home at #7610 offering 1,947 square feet and the other at #7604 offering 831 square feet. Both homes are presented as updated and ready for new ownership.
The property is conveniently located near Routes 690 and I-90, supporting access to regional destinations. The setting provides a standalone feel with room on the site for day-to-day use.
For buyers seeking a manageable owner-occupant or rental setup, the layout offers two distinct homes on one parcel. With both units described as updated, it may be well suited for investors looking for a turn-ready configuration or owner-occupants who want space while retaining a separate additional residence.
The property is conveniently located near Routes 690 and I-90, supporting access to regional destinations. The setting provides a standalone feel with room on the site for day-to-day use.
For buyers seeking a manageable owner-occupant or rental setup, the layout offers two distinct homes on one parcel. With both units described as updated, it may be well suited for investors looking for a turn-ready configuration or owner-occupants who want space while retaining a separate additional residence.
Key Highlights
- Two separate updated homes on 2.07 acres in Baldwinsville
- Includes 1,947 SF at #7610 and 831 SF at #7604 (combined 2,778 SF)
- Originally built as a family compound with mother/grandmother and son/daughter‑in‑law homes
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$29,559
Cap Rate
7.99%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$591,180
$591.2K
Cap Rate 7%
$422,271
$422.3K
Cap Rate 9%
$328,433
$328.4K
Market Conditions
NOI Build-Up for 2,778 SF
Gross rent
$45.0K $16.20/SF
− Vacancy
−$2.8K −$1.00/SF
EGI
$42.2K $15.20/SF
− OpEx
−$12.7K −$4.56/SF
NOI
$29.6K $10.64/SF
Area
Onondaga County, NY
Vacancy
6.17%
Lease Rate
$16.20 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$591,180
Cap Rate 7%
$422,271
Cap Rate 9%
$328,433
Alternative Uses
Best Use
Multifamily LT 5
$422.3K
$369.5K – $492.7K
NOI $29,559 @ 7.0% cap · market cap 7.99%
Second Best
Apartment 5plus
$374.7K
$327.9K – $437.2K
NOI $26,229 @ 7.0% cap · market cap 7.09%
Theoretical Best
Office A
$482.8K
$422.4K – $563.3K
NOI $33,795 @ 7.0% cap · market cap 9.14%
Zoning and permitted uses should be independently verified with authorities.
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Open Analytics
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
72
Businesses Nearby
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Business Placement
Demographics for 13027, NY
34,507
Population
15,276
Households
2.3
Avg Household Size
44
Median Age
45%
College-Educated
96%
High-School Grad
67.0 sq mi
ZIP Area
515
Density / Sq Mi
$91,369
Median Household Income
$55,805
Median Earnings
$1,258
Median Rent
$226,500
Median Home Value
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Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Duplex - Updated duplex-style property with two separate homes on 2.07 acres, ready for new owners.
Where is this duplex located?
The property is located at 7604-7610 Van Buren Rd Unit 7604 Baldwinsville, NY.
What is the asking price?
The asking price for this property is $369,900.
What are key features of this property?
This property features: Two separate updated homes on 2.07 acres in Baldwinsville; Includes 1,947 SF at #7610 and 831 SF at #7604 (combined 2,778 SF); Originally built as a family compound with mother/grandmother and son/daughter‑in‑law homes
