Renovated
For Sale
$164,900
Pending
8 Nestle Ave B, Fulton, NY 13069
Two updated apartments each feature two bedrooms, spacious living and dining areas, a kitchen, and a full bathroom.
Property Size1,800 SF
Days on Market105
Property Features for 8 Nestle Ave B
General Information
Standard status
Pending
Size
1,800 SF
Property subtype
Multi Family
Occupancy
100%
Additional Details
Multifamily Units
2
Taxes and HOA fees
Annual Taxes
$3,499
Building Details
Building Size
1,800 SF
Year Built
1915
Year Renovated
2025
Buildings
1
Stories
2
Units
2
Tenancy
Multi
Listing Agency:
eXp Realty
Listed By:
Kristen D Conley · License #10401271782
(888) 276-0630
Source:
Elliman
Added: Jul 6
Changed: Oct 13
Last Checked: Oct 16 at 9:21AM
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 eXp Realty
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Investment Insights
Based on property information with market context.
This duplex at 8 Nestle Ave B includes two tenant-occupied apartments, each with two bedrooms, large living and dining rooms, a kitchen, and a full bathroom. Both units received new luxury vinyl plank flooring, kitchen cabinetry, counters, sinks, faucets, ovens, built-in microwaves, lighting, bathroom fixtures, vanities, toilets, and fresh paint. The second-floor apartment was renovated in Fall 2024, while the first-floor apartment was renovated in Summer 2025.
The front and back porches were rebuilt, and additional parking was added at the front of the driveway with fresh millings. A garage is shared with the neighboring property, with the property line running through its middle. Built in 1915, the property is located in Fulton, NY 13069.
The front and back porches were rebuilt, and additional parking was added at the front of the driveway with fresh millings. A garage is shared with the neighboring property, with the property line running through its middle. Built in 1915, the property is located in Fulton, NY 13069.
Key Highlights
- Two tenant‑occupied apartments, each with 2 bedrooms, living and dining rooms, kitchen, and full bathroom
- Second‑floor apartment renovated in Fall 2024
- First‑floor apartment renovated in Summer 2025
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$14,844
Cap Rate
9.00%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$296,880
$296.9K
Cap Rate 7%
$212,057
$212.1K
Cap Rate 9%
$164,933
$164.9K
Market Conditions
NOI Build-Up for 1,800 SF
Gross rent
$22.7K $12.60/SF
− Vacancy
−$1.5K −$0.82/SF
EGI
$21.2K $11.78/SF
− OpEx
−$6.4K −$3.53/SF
NOI
$14.8K $8.25/SF
Area
Oswego County, NY
Vacancy
6.50%
Lease Rate
$12.60 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$296,880
Cap Rate 7%
$212,057
Cap Rate 9%
$164,933
Alternative Uses
Best Use
Multifamily LT 5
$212.1K
$185.6K – $247.4K
NOI $14,844 @ 7.0% cap · market cap 9.00%
Second Best
Apartment 5plus
$197.3K
$172.6K – $230.2K
NOI $13,809 @ 7.0% cap · market cap 8.37%
Theoretical Best
Office A
$359.0K
$314.2K – $418.9K
NOI $25,132 @ 7.0% cap · market cap 15.24%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Lease Details
2
Residential units
100%
Occupancy
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
420
Businesses Nearby
Explore this area
Business Placement
Demographics for 13069, NY
24,071
Population
10,593
Households
2.3
Avg Household Size
40
Median Age
19%
College-Educated
89%
High-School Grad
109.9 sq mi
ZIP Area
219
Density / Sq Mi
$63,156
Median Household Income
$44,073
Median Earnings
$878
Median Rent
$112,600
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 - Two updated apartments each feature two bedrooms, spacious living and dining areas, a kitchen, and a full bathroom.
Where is this duplex located?
The property is located at 8 Nestle Ave B Fulton, NY.
What is the asking price?
The asking price for this property is $164,900.
What are key features of this property?
This property features: Two tenant‑occupied apartments, each with 2 bedrooms, living and dining rooms, kitchen, and full bathroom; Second‑floor apartment renovated in Fall 2024; First‑floor apartment renovated in Summer 2025
