Investment Opportunity: Profitable Multi-Family Home in Oswego!
Discover a fantastic investment opportunity with this well-maintained multi-family property located in downtown Oswego. Built in 1890, this property offers a blend of classic charm and modern convenience, making it a highly desirable rental.
Property Highlights:
Units: 6 total units, comprised of three spacious 2-bedroom/1-bathroom apartments and three comfortable 3-bedroom/1-bathroom apartments.
Building Configuration: Features a front building with 2 units and a rear building with 4 units, providing diverse tenant options.
Modern Amenities: Each apartment is equipped with a washer/dryer, refrigerator/freezer and range/stovetop.
Walkable Location: Boasting a Walk Score of 72, residents can easily access local amenities and enjoy the vibrant neighborhood.
Nearby Attractions: Close proximity to beautiful parks, including H. Lee White Marine Museum, Battle Island State Park, and Sterling Nature Center.
Convenient Access: Oswego Hospital is just 1.0 mile away, ensuring easy access to healthcare.
Investment Summary:
This property presents a solid investment with a strong cap rate of approximately 10% after the only vacant unit is rented and excellent overall rental income potential. The combination of its convenient location, modern amenities, and diverse unit mix makes it an attractive option for tenants. Don't miss out on this opportunity to add a profitable multi-family property to your portfolio!
See attachments for financial information.
For sale
Price cut: $40K (4/14)
$499,900
163 E 9th St, Oswego, NY 13126
--beds
0baths
9,554sqft
Multi Family
Built in 1890
-- sqft lot
$-- Zestimate®
$52/sqft
$-- HOA
What's special
Modern amenities
- 40 days
- on Zillow |
- 244 |
- 6 |
Zillow last checked: 7 hours ago
Listing updated: April 14, 2025 at 07:38am
Listing by:
SAP Real Estate Group, LLC 315-440-4292,
Todd Haurin 315-552-1551,
Itay Sapir 315-440-4292,
SAP Real Estate Group, LLC
Source: NYSAMLSs,MLS#: S1593404
Originating MLS: Syracuse

Travel times
Tour with a buyer’s agent
Tour with a buyer’s agent
Facts & features
Interior
Bedrooms & bathrooms
- Bathrooms: 0
Heating
- Gas, Forced Air
Appliances
- Included: Electric Oven, Electric Range, Gas Oven, Gas Range, Gas Water Heater, Refrigerator
Features
- Flooring: Carpet, Luxury Vinyl, Varies, Vinyl
- Basement: Full
- Has fireplace: No
Interior area
- Total structure area: 9,554
- Total interior livable area: 9,554 sqft
Video & virtual tour
Property
Parking
- Parking features: One Space, No Garage
Features
- Levels: Two
- Stories: 2
- Exterior features: Blacktop Driveway
Lot
- Size: 9,339.26 Square Feet
- Dimensions: 46 x 203
- Features: Rectangular, Residential Lot
Details
- Parcel number: 35120012804100060280000000
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Aluminum Siding, Vinyl Siding
- Foundation: Slab
- Roof: Asphalt,Shingle
Condition
- Resale
- Year built: 1890
Utilities & green energy
- Sewer: Connected
- Water: Other, See Remarks
- Utilities for property: Sewer Connected
Community & HOA
Community
- Features: Other, See Remarks
- Subdivision: Section #12841
Location
- Region: Oswego
Financial & listing details
- Price per square foot: $52/sqft
- Tax assessed value: $175,000
- Annual tax amount: $8,377
- Date on market: 3/16/2025
- Listing terms: Cash,Conventional
- Loading
- Loading