$315,000

1017 Milton Avenue, Syracuse, NY 13204

  • 4 beds |
  • 4 baths |
  • 2,288 sqft
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1940
  • Property Lot Size Icon2,104sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $138/sqft
  • Property List Date Icon Listed 2 months ago

Property Description

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.

Listing Status:
Active
Date Added:
January 5, 2026
Data Last Updated:
March 27, 2026 at 11:19PM
Listing Office:
Gilbo Realty LLC : 315-752-9513
Listing Agent:
Lawrence Papaleo : 315-748-2524
MLS ID:
S1656158
  • General: Programmable Thermostat
  • Appliances: Gas Water Heater
  • Laundry: Common Area
  • Basement: Dirt FloorFull
  • Flooring: CarpetHardwoodLaminateOtherSee RemarksTileVaries
  • Heating: GasBaseboardHot Water
  • Fireplace: Fireplaces: 0
  • General: Patio
  • Other Structures: Patio
  • Parking: Parking Available
  • Roofing: Metal
  • General: Brick2Block
  • Originating MLS: NYS_S
  • School District: Syracuse
  • County: Onondaga
  • Zoning: 311500-112-000-0004-005-000-0000
  • Utilities: Sewer ConnectedWater Connected
  • Water: ConnectedPublic
  • Sewer: Connected
  • Source: NYS_S

This listing courtesy of Lawrence Papaleo , Gilbo Realty LLC

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

P

Porter Elementary School

512 Emerson Ave, Syracuse, NY, 13204

Grades PK-5

0.41 miles away

F

Frazer PK-8 School

741 Park Ave, Syracuse, NY, 13204

Grades PK-8

1.09 miles away

P

Public Service Leadership Academy at Fowler

227 Magnolia St, Syracuse, NY, 13204

Grades 9-12

1.39 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.