2851 Milton Avenue, Syracuse, NY 13209 (MLS # S1581751)
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This low maintenance, hassle-free mixed-use property in Solvay comes with long-term, stable tenants and has great value-add potential or can be the new home for your business. There are two 1-bedroom apartments on the 2nd floor currently rented for $650/$725 and an updated commercial space on the 1st floor that is currently vacant and being advertised for $1,200/mo. Rents are significantly below market, this property could easily generate $3,000/mo+ in gross rents. There is historic demand for apartments and the high-visibility location makes the commercial space very attractive for a small business. Built in 1991, this is a rare opportunity to buy a newer construction investment property, meaning fewer headaches and maintenance calls. Features include electric baseboard and radiant heat (no furnaces!), vinyl siding, and no basement.
| DAYS ON MARKET | 23 | LAST UPDATED | 12/18/2024 |
|---|---|---|---|
| YEAR BUILT | 1991 | COMMUNITY | Solvay-Village-313201 |
| GARAGE SPACES | 1.0 | COUNTY | Onondaga |
| STATUS | Active | PROPERTY TYPE(S) | Single Family |
| School District | Solvay |
|---|
| ADDITIONAL DETAILS | |
| APPLIANCES | Electric Water Heater |
|---|---|
| AREA | Solvay-Village-313201 |
| BASEMENT | None |
| CONSTRUCTION | Copper Plumbing, Vinyl Siding |
| GARAGE | Yes |
| HEAT | Baseboard, Electric, Radiant |
| LOT | 5545 sq ft |
| LOT DESCRIPTION | Corner Lot, Rectangular |
| LOT DIMENSIONS | 63x88 |
| PARKING | Paved,Two or More Spaces |
| SEWER | Connected |
| STORIES | 2 |
| STYLE | Triplex |
| TAXES | 7346 |
| UTILITIES | Sewer Connected,Water Connected, Electric - Circuit Breakers |
| WATER | Connected,Public |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
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Listing provided by: Christopher Newman, Acropolis Realty Group LLC
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