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1017 Milton Ave, Syracuse, NY, 13204

4beds
4baths
2,288sqft
$315,000
$138price/sqft
$2,746/moest. monthly cost
$109,840/yrincome needed

About This Home

Four streams of rental income under one roof! Well-maintained four-unit multifamily property 100% occupied, offered at a pro forma 8.93% cap. The property is situated on a residential block with convenient access to major employment centers, shopping, dining, and public transportation. All units are 1-bed 1-bath, with different finishes (including hardwood, parquet, tile, and carpet). Owner pays heat and house meter for exterior lights and basement laundry. Owner's National Grid bill is on the budget plan. Tenants pay for their electricity and hot water. On-site laundry room amenity in the basement so tenants don't need to go to the laundromat. No lawn maintenance. Metal roof is 9-years old. Walk-in attic. Owner built patio out back with creek bed stone, so land is higher than the neighbors' and level with the sidewalk. Schedule a tour to be one step closer to adding four more units to your portfolio! Please allow 48-hour notice for showing appointments. Please do not disturb tenants without an appointment. Thank you.

Getting Around

51
WalkingSomewhat Walkable
33
TransitSome Transit
41
BikeSomewhat Bikeable

Schools

4/10
Porter Elementary SchoolGrades PK-50.4 mi
3/10
Frazer K 8 SchoolGrades PK-81.1 mi
1/10
Corcoran High SchoolGrades 9-122.8 mi

Construction

Condition

  • Property condition: Resale
  • Year built: 1940

Materials

  • Foundation: Block
  • Roof: Metal
  • Construction materials: Brick

Type & Style

  • Home type: MultiFamily
  • Property subType: Multi Family

Interior

Appliances

  • Appliances included: Gas Water Heater
  • Laundry features: Common Area

Basement

  • Has basement: Yes
  • Basement: Dirt Floor,Full

Bedrooms & Bathrooms

  • Bedrooms: 4
  • Bathrooms: 4
  • Full bathrooms: 4

Features

  • Programmable Thermostat
  • Flooring: Carpet,Hardwood,Laminate,Other,See Remarks,Tile,Varies

Heating

  • Heating features: Gas,Baseboard,Hot Water

Interior Area

  • Total structure area: 2,288
  • Total interior livable area: 2,288 sqft

Property

Details

  • Parcel number: 31150011200000040050000000
  • Special condition: Standard

Features

  • Levels: Two
  • Stories: 2
  • Patio & porch: Patio
  • Exterior features: Patio

Lot

  • Lot size: 2,103 sqft
  • Features: Near Public Transit,Rectangular,Rectangular Lot
  • Lot size dimensions: 35 x 60

Parking

  • Parking features: Parking Available