Updated Duplex with
820 Milton Ave, Syracuse, NY 13204
For Sale
$274,000
Two remodeled units feature granite kitchens, stainless appliances, and upgraded bathrooms.
Property Size1,856 SF
Price / SF$147.63
Days on Market96
Property Features for 820 Milton Ave
General Information
Standard status
Size
Total Parking Spaces
Property subtype
Additional Details
Public Transit
Multifamily Units
Building Details
Year Built
Buildings
Listing Agency:
InFisium Properties LLC
Listed By:
Michael Hemmer · License NY #10491208620
(315) 299-3423
Source:
Rooftoprealtygroup
Added: Aug 11
Changed: Nov 10
Last Checked: Nov 12 at 9:50AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of InFisium Properties LLC
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Investment Insights
Based on property information with market context.
Built in 1920, this duplex contains two updated residential units with refreshed interiors and practical layouts. Each unit includes a remodeled kitchen with granite countertops and high-end stainless steel appliances, while the bathrooms have been improved with contemporary tile and fixtures. Exterior work includes a newly paved driveway and walkways, and the property also includes a 4-car garage.
The property is located at 820 Milton Ave in Syracuse, within walking distance of Lewis Park. Downtown Syracuse is minutes away, and Micron is a short distance from the property. Recorded mobility scores include a walk score of 57, a bike score of 29, and a transit score of 34.
The property is located at 820 Milton Ave in Syracuse, within walking distance of Lewis Park. Downtown Syracuse is minutes away, and Micron is a short distance from the property. Recorded mobility scores include a walk score of 57, a bike score of 29, and a transit score of 34.
Key Highlights
- Two‑unit duplex with updated interiors
- Remodeled kitchens with granite countertops and high‑end stainless steel appliances
- Upgraded bathrooms with contemporary tile and fixtures
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$19,748
Cap Rate
7.21%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$394,960
$395.0K
Cap Rate 7%
$282,114
$282.1K
Cap Rate 9%
$219,422
$219.4K
Market Conditions
NOI Build-Up for 1,856 SF
Gross rent
$30.1K $16.20/SF
− Vacancy
−$1.9K −$1.00/SF
EGI
$28.2K $15.20/SF
− OpEx
−$8.5K −$4.56/SF
NOI
$19.7K $10.64/SF
Area
Syracuse, NY
Vacancy
6.17%
Lease Rate
$16.20 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$394,960
Cap Rate 7%
$282,114
Cap Rate 9%
$219,422
Alternative Uses
Best Use
Multifamily LT 5
$282.1K
$246.9K – $329.1K
NOI $19,748 @ 7.0% cap · market cap 7.21%
Second Best
Apartment 5plus
$250.3K
$219.1K – $292.1K
NOI $17,524 @ 7.0% cap · market cap 6.40%
Theoretical Best
Office A
$322.5K
$282.2K – $376.3K
NOI $22,578 @ 7.0% cap · market cap 8.24%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
754
Businesses Nearby
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Business Placement
Demographics for 13204, NY
19,752
Population
10,410
Households
1.9
Avg Household Size
31
Median Age
26%
College-Educated
84%
High-School Grad
4.3 sq mi
ZIP Area
4,593
Density / Sq Mi
$42,585
Median Household Income
$35,609
Median Earnings
$1,054
Median Rent
$97,400
Median Home Value
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Market
Average Price Trend$/SF for Duplexes in Syracuse, NY
Properties on Market for Duplexes in Syracuse
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Duplex - Two remodeled units feature granite kitchens, stainless appliances, and upgraded bathrooms.
Where is this duplex located?
The property is located at 820 Milton Ave Syracuse, NY.
What is the asking price?
The asking price for this property is $274,000.
What are key features of this property?
This property features: Two‑unit duplex with updated interiors; Remodeled kitchens with granite countertops and high‑end stainless steel appliances; Upgraded bathrooms with contemporary tile and fixtures
