1017 Milton Ave, Syracuse, NY 13204

Building Details

Year Built

1940

Listing agent Lawrence Papaleo Show Phone

Listing office p***@outlook.com Show Phone

Listing date Apr 27, 2026

Source Elliman

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Overview

This well-maintained four-unit multifamily property is 100% occupied and offers four streams of rental income. The property is situated on a residential block, providing convenient access to major employment centers, shopping, dining, and public transportation. Each unit features one bedroom and one bathroom, with varying finishes including hardwood, parquet, tile, and carpet. The owner is responsible for heat and the house meter, which covers exterior lights and the basement laundry. Tenants are responsible for their electricity and hot water. An on-site laundry room is located in the basement. The property features a metal roof that is 9 years old. There is a walk-in attic. A patio was built out back with creek bed stone, raising the land higher than the neighbors' and level with the sidewalk. The property has a bike score of 15, indicating it is somewhat bikeable, a walk score of 41, indicating it is car-dependent, and a transit score of 33, indicating some transit options are available.

Suggested Use

Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Daycare Center

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

• Map
• Local Demand

City

Syracuse

County

Onondaga

State

New York

Longitude

-76.1935933

Latitude

43.0575431

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FAQs

What type of property is this?

Quadplex - Well-maintained, fully occupied four-unit property with strong income potential.

Where is this quadplex located?

The property is located at 1017 Milton Ave Syracuse, NY.

What is the asking price?

The asking price for this property is $315,000.

What are key features of this property?

This property features: Four units providing four streams of rental income.; 100% occupied with a pro forma 8.93% cap rate.; Convenient access to employment, shopping, dining, and public transportation.