Up-and-Down Duplex with Third-Floor
825 Sumner Avenue #27 Syracuse, NY 13210
825 Sumner Avenue #27, Syracuse, NY, 13210
$349,000
Pending
For Sale
$349,000
Pending
MULTI_FAMILY - Other - Syracuse, NY
Property Size1,917 SF
Lot Size0.13 Acres
Days on Market49
Property Features for 825 Sumner Avenue #27
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 4
- Bathrooms
- 2
- Rooms
- Bedroom 2, Bedroom 3, Bedroom 1, Bathroom 1, Bedroom 4, Bathroom 2, Basement
- Interior features
- CeilingFans
- Appliances
- GasWaterHeater
- Standard status
- Pending
- APN
- 311500-052-000-0004-035-000-0000
- Size
- 1,917 SF
- Lot size
- 0.13 Acres
Taxes and HOA fees
- Tax Annual Amount
- 9203
Utilities
- Heating system
- Natural Gas, Forced Air
- Water source
- Public
Building Details
- Year built
- 1911
- Floors in Building
- 2
- Number of units
- 2
- Flooring type
- Varies, Hardwood, Tile
- Building materials
- Cedar, WoodSiding
- Roof type
- Shingle, Asphalt
- Architectural style
- Other
Listing Agency
Keller Williams Syracuse
(315) 701-6900
5701 Enterprise Parkway, East Syracuse, NY
Listed by
Karen E Whalen · License #10301219318
(315) 663-6633
Added: Jun 3 Updated: Jul 12 at 9:34 am Checked: Jul 21 at 1:06 am
MLS# S1686274
Listing URL
Copyright © 2026 New York State Alliance of MLSs, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This for-sale duplex features two up-and-down apartments, each with 2 bedrooms, 2 full bathrooms, a large living room, and separate utilities. The property also includes a huge finished third floor with vaulted ceilings, abundant natural light, and hardwood floors, providing additional bonus space. Residents have two sets of washers and dryers, and off-street parking is available in the driveway, with additional parking behind the house. Updates noted include two furnaces installed approximately 8 years ago and a roof installed approximately 22 years ago.
Located in Syracuse’s University Hill area, the property is described as a short walk to Syracuse University, with convenient access to hospitals, downtown Syracuse, and nearby neighborhood amenities.
For buyers seeking an owner-occupied or investment-ready income property, the existing unit mix and tenanting through May 2027 create a defined near-term holding period. Separate utilities for each unit and dedicated laundry facilities can simplify day-to-day operations. The combination of maintained condition, off-street parking, and the added finished third-floor space may appeal to tenants or operators looking for more usable interior area within the same property footprint.
Located in Syracuse’s University Hill area, the property is described as a short walk to Syracuse University, with convenient access to hospitals, downtown Syracuse, and nearby neighborhood amenities.
For buyers seeking an owner-occupied or investment-ready income property, the existing unit mix and tenanting through May 2027 create a defined near-term holding period. Separate utilities for each unit and dedicated laundry facilities can simplify day-to-day operations. The combination of maintained condition, off-street parking, and the added finished third-floor space may appeal to tenants or operators looking for more usable interior area within the same property footprint.
Key Highlights
- 2 up‑and‑down apartments: each unit has 2 bedrooms, 2 full bathrooms, and a large living room
- Both apartments are rented through May 2027, with separate utilities for each unit
- Huge finished third floor with vaulted ceilings and hardwood floors; total finished living area approx. 2,900 SF
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $31.1k | $16.20 |
| − Vacancy | −$1.9k | −$1.00 |
| EGI | $29.1k | $15.20 |
| − OpEx | −$8.7k | −$4.56 |
| NOI | $20.4k | $10.64 |
1,917 SF · lease $16.20/SF/yr · vacancy 6.17% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$291.4K
$255.0K – $340.0K
NOI $20,397 @ 7.0% cap · market cap 5.84%
Second Best
Apartment 5plus
$258.6K
$226.3K – $301.7K
NOI $18,100 @ 7.0% cap · market cap 5.19%
Theoretical Best
Office A
$333.2K
$291.5K – $388.7K
NOI $23,321 @ 7.0% cap · market cap 6.68%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Duplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Duplex - Two 2-bedroom, 2-bath apartments plus a finished third floor offer flexible rental and living layouts.
Where is this duplex located?
The property is located at 825 Sumner Avenue #27 Syracuse, NY.
What is the asking price?
The asking price for this property is $349,000.
What are key features of this property?
This property features: 2 up‑and‑down apartments: each unit has 2 bedrooms, 2 full bathrooms, and a large living room; Both apartments are rented through May 2027, with separate utilities for each unit; Huge finished third floor with vaulted ceilings and hardwood floors; total finished living area approx. 2,900 SF
