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2851 MILTON AVE SYRACUSE, NY 13209
- Commercial / Resale (MLS)
Property Details for 2851 MILTON AVE, SYRACUSE, NY 13209
Features
- Price/sqft: $134
- Lot Size: 0.1273 acres
- Stories: 200
- Heating: 2
- Exterior Walls: Siding (Alum/Vinyl)
Facts
- Year Built: 01/01/1991
- Property ID: 891718186
- MLS Number: S1545200
- Parcel Number: 313201 004.-01-01.0
- Property Type: Commercial
- County: Onondaga
- Legal Description: DARROW TR LT 2 1115271 2 APT SHOP
- Zoning: 03 - MULTI
Description
This is an MLS listing, meaning the property is represented by a real estate broker, who has contracted with the home owner to sell the home.
This listing is NOT a foreclosure. This low maintenance, hassle-free mixed-use property in Solvay comes with long term, stable tenants and has great income potential! There are two 1-bedroom apartments on the 2nd floor currently rented for $650/$725 and an updated commercial space on the 1st floor rented for $900, tenants pay their own utilities. 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.
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