2851 Milton Avenue

Geddes, NY 13209

$199,900
Price
2
Beds
2
Baths
1
1/2 Bath
1,488 Sq. Ft.
$134 / Sq. Ft.
1,488
Sq. Ft.
$134
per Sq. Ft.

Description

This low maintenance, hassle-free mixed-use property in Solvay comes with long-term, stable tenants and has great value-add 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...This low maintenance, hassle-free mixed-use property in Solvay comes with long-term, stable tenants and has great value-add 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.
  1. Listed by Christopher Newman • Acropolis Realty Group LLC
    P: (315)-396-0493 C: (315)-396-0493 chris@investsyracuse.com

Property Details for 2851 Milton Avenue

Styles Of Residence
Duplex
On Waterfront
No
Parking Description
Paved, Two Or More Spaces
Nearest Cross Street
Darrow Ave
LISTING UPDATED: 11/04/2024 01:43 PM

Property Details for 2851 Milton Avenue

StatusActive
MLS #S1564091
Days on Market73
Taxes$7,346 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMixed Use
MLS TypeResidential / Mixed Use
Year Built1991
Lot Size0.13 AC / 5,544 SF
CountyOnondaga County

Building Information for 2851 Milton Avenue

Stories2Residences2Year Built1991Lot Size0.13 AC / 5,544 SF

Property Information for 2851 Milton Avenue

Summary
Location and General Information
  • Elementary School District: Solvay
  • High School District: Solvay
  • Middle Or Junior School District: Solvay
  • Village: Solvay-Village
  • Human YN: Yes
Parking
  • Garage Spaces per Apt: 1.00
  • Garage YN: Yes
Taxes and HOA Information
  • Area NYSWIS Code: Solvay-Village-313201
  • Tax Annual Amount: $7,346.00
Property
Lot Information
  • Building Area Source: Public Records
  • Building Area Total: 1488.0
  • Land Features: Corner Lot
  • Num Of Acres: 0.1273
  • Lot Size Area: 0.1273
  • Lot Size Square Feet: 5544.0
  • Lot Size Units: Acres
  • Parcel Number: 313201-004-000-0001-001-000-0000
  • Road Frontage: Main Thoroughfare
  • Lot Number: 1
Property and Assessments
  • Property Condition: Resale
  • Senior Community YN: No
  • Assessed Value: $111,800
  • Year Built: 1991
  • Year Built Description: Existing
  • Zoning Description: Commercial
Utilities
  • Electric Service: Circuit Breakers
  • Num Of Electric Meters: 3
  • Num Of Gas Meters: 0
  • Sewer Description: Connected
  • Utilities Available: Cable Available, Sewer Connected, Water Connected
  • Water Supply: Connected, Public
Interior and Exterior Features
Exterior Features
  • Construction Materials: Vinyl Siding, Copper Plumbing
  • Foundation Description: Slab
  • Roof Description: Asphalt, Shingle
  • Type Of Building: Mixed
Interior Features
  • Appliances: Electric Water Heater
  • Basement Description: None
  • Basement YN: No
  • Num Of Possible Bedrooms: 2
  • Num Fireplaces Total Calculated: 0
  • Fireplace YN: No
  • Floor Description: Carpet, Laminate, Varies, Vinyl
  • Heating: Baseboard, Electric, Radiant
  • Heating YN: Yes
  • Levels: Two
  • Sq Ft Total: 1488.0
  • Main Level Bathrooms: 0
Multi Family
Multi-Family Information
  • Number Of Units In Community: 3
  • Number Of Units Total: 2
  • Operating Expense Includes: Other, See Remarks
  • Stories: 2
  • Stories Total: 2
Unit 1
  • Unit Type Actual Rent: $650.00
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 1
  • Features: Oven/ Range,Refrigerator,Living Room
  • Unit Type Total Rent: $650.00
  • Unit Type Month To Month YN: Yes
  • Unit Type Num Full Baths: 1
  • Unit Type Num Half Baths: 0
  • Unit Type Actual Rent Range: 650
Unit 2
  • Unit Type Actual Rent: $725.00
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 1
  • Features: Oven/ Range,Refrigerator,Living Room
  • Unit Type Total Rent: $725.00
  • Unit Type Month To Month YN: Yes
  • Unit Type Num Full Baths: 1
  • Unit Type Num Half Baths: 0
  • Unit Type Actual Rent Range: 725
Unit 3
  • Unit Type Actual Rent: $900.00
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 0
  • Features: ,Other - See Remarks
  • Unit Type Total Rent: $900.00
  • Unit Type Leased YN: Yes
  • Unit Type Lease Expires: 12-31-2024
  • Unit Type Num Full Baths: 0
  • Unit Type Num Half Baths: 1
  • Unit Type Actual Rent Range: 900
Rental
Rental Information
  • Rent Includes: Gardener, Snow Removal, Water
  • Lease Amount Per Area Unit: Dollars Per Square Foot

Property History for 2851 Milton Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 2851 Milton Avenue

Taxable ValueLand$10,000Additions$101,800Total$111,800
Home Facts
Baths3Total Finished SqFt1,488 SqFtAbove Grade Finished SqFt1,488 SqFtStories2Lot Size5,544 SqFtStyleOffice BuildingYear Built1991Year Renovated1995Zoning03 - MULTI-FACountyONONDAGAAPN313201 004.-01-01.0

Schools near 2851 Milton Avenue

This home is within Solvay Union Free School District.
Rating
School
Type
Grades
Distance
Public - K to 4
Public - 5 to 8
Public - 9 to 12
Rating
School
Distance
Solvay Elementary School
PublicK to 4

Solvay Middle School
Public5 to 8

Solvay High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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2851 Milton Avenue is a mixed use property for sale in Geddes, NY 13209. This property was listed for sale on September 9, 2024 by Acropolis Realty Group LLC, it's currently listed at $199,900. It has been on the market for a total of 73 days and was last sold on December 20, 2021. This listing's school district is Solvay Union Free School District. Nearby schools include Solvay Elementary School, Solvay Middle School and Solvay High School. 2851 Milton Avenue is a 2-bed, 2.5-bath, 1,488 sqft mixed use property built in 1991.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Acropolis Realty Group LLC

Based on information from one of the following Multiple Listing Services: WNYREIS and Greater Binghamton Association of REALTORS. Information being provided is for the visitor's personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by WNYREIS and Greater Binghamton Association of REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.