Furnished Three-Unit
New
For Sale
$274,900
912 Stafford Road, Palmyra, NY 14522
Residential, Palmyra, NY
Property Size1,920 SF
Lot Size0.46 Acres
Price / SF$143.18
Days on Market3
Property Features for 912 Stafford Road
General Information
Property type
Residential Multi Family
Property subtype
Other
Bedrooms
4
Bathrooms
4
Full bathrooms
3
Half bathrooms
1
Rooms
Bathroom 4, Bathroom 2, Basement, Bathroom 1, Bathroom 3, Bedroom 3, Bedroom 4, Bedroom 1, Bedroom 2
Window features
Drapes
Patio and Porch features
Porch
Interior features
CeilingFans, WindowTreatments
Appliances
GasWaterHeater
Lot features
Agricultural, Rectangular, Rectangular Lot
Elementary school district
Palmyra-Macedon
Middle school district
Palmyra-Macedon
High school district
Palmyra-Macedon
Directions
From Route 31/Main St head South on Stafford St which turns into Stafford Rd
Subdivision
Palmyra-543689
Standard status
Active
APN
543689-064-110-0000-443-946-0000
Size
1,920 SF
Lot size
0.46 Acres
Taxes and HOA fees
Tax Annual Amount
5675
Utilities
Sewer type
Septic Tank
Heating system
Natural Gas
Cooling system
Window Unit(s)
Water source
Public
Amenities
hardwood floors
off-street parking
Building Details
Year built
1970
Floors in Building
1
Number of units
3
Flooring type
Tile, Hardwood, Varies
Building materials
BlownInInsulation, VinylSiding, PexPlumbing
Roof type
Asphalt, Shingle
Architectural style
Other
Listing Agency:
Keller Williams Realty Gateway
(585) 256-4400
Listed By:
Jennifer L. Habecker · License #10401293180
(585) 256-5428
Added: Nov 2
Last Checked: Nov 4 at 2:06AM
MLS# R1726663
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.
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Investment Insights
Based on property information with market context.
This 1,920-square-foot triplex contains three furnished apartments. The two-story unit has 2 bedrooms, 1.5 bathrooms, and hardwood floors; each of the other apartments has 1 bedroom and 1 bathroom. One of those units is located in a walk-out basement. The building was constructed in 1970 and has a porch, natural gas heat, and window-unit cooling.
Two blacktop driveways provide off-street parking. The property is near the Joseph Smith Farm, Sacred Grove, and LDS Temple in Palmyra. Public water serves the building, with a septic tank for wastewater.
Two blacktop driveways provide off-street parking. The property is near the Joseph Smith Farm, Sacred Grove, and LDS Temple in Palmyra. Public water serves the building, with a septic tank for wastewater.
Key Highlights
- Three furnished apartments: one 2‑bedroom, 1.5‑bath unit and two 1‑bedroom, 1‑bath units
- 1,920 square feet of building area
- 0.46‑acre lot
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$16,375
Cap Rate
5.96%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$327,500
$327.5K
Cap Rate 7%
$233,929
$233.9K
Cap Rate 9%
$181,944
$181.9K
Market Conditions
NOI Build-Up for 1,920 SF
Gross rent
$26.5K $13.80/SF
− Vacancy
−$3.1K −$1.62/SF
EGI
$23.4K $12.18/SF
− OpEx
−$7.0K −$3.66/SF
NOI
$16.4K $8.53/SF
Area
Wayne County, NY
Vacancy
11.71%
Lease Rate
$13.80 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$327,500
Cap Rate 7%
$233,929
Cap Rate 9%
$181,944
Alternative Uses
Best Use
Multifamily LT 5
$233.9K
$204.7K – $272.9K
NOI $16,375 @ 7.0% cap · market cap 5.96%
Second Best
Apartment 5plus
$206.3K
$180.5K – $240.7K
NOI $14,442 @ 7.0% cap · market cap 5.25%
Theoretical Best
Office A
$517.2K
$452.6K – $603.4K
NOI $36,205 @ 7.0% cap · market cap 13.17%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Lease Details
3
Residential units
Location Intelligence
Trade Area within ½ mile
30
Businesses Nearby
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Business Placement
Demographics for 14522, NY
9,028
Population
4,313
Households
2.1
Avg Household Size
44
Median Age
25%
College-Educated
89%
High-School Grad
45.5 sq mi
ZIP Area
198
Density / Sq Mi
$80,368
Median Household Income
$47,771
Median Earnings
$940
Median Rent
$148,500
Median Home Value
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Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Triplex - Three furnished apartments offer distinct layouts, including a two-story residence and a walk-out basement unit.
Where is this triplex located?
The property is located at 912 Stafford Road Palmyra, NY.
What is the asking price?
The asking price for this property is $274,900.
What are key features of this property?
This property features: Three furnished apartments: one 2‑bedroom, 1.5‑bath unit and two 1‑bedroom, 1‑bath units; 1,920 square feet of building area; 0.46‑acre lot
