2851 Milton Avenue Geddes, NY 13209
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.
- Property TypeSingle Family Home
- NeighborhoodN/A
- CountyOnondaga
- Taxes$7,346
- HOA/Condo/Coop Fees$0
- Days on Site40 Days
- MLS StatusActive
- MLS ID NumberS1564091
- Home Size Source Public Records
- Year Built1991
- Lot Size0.1273 Acres
- Full Baths2
- Partial Baths1
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General Features
- Style Duplex
- Construction Vinyl Siding
- Parking PavedTwo Or More Spaces
- Electric Circuit Breakers
- Basement None
- Number of Stories 222
- Acreage 0.1273
- Water Public
- Zoning Commercial
- Cross Street Darrow Ave
- Property Sub Type Mixed Use
- Garage Spaces 1
- Utilities Cable AvailableSewer ConnectedWater Connected
- Foundation Slab
- Listing Conditions Standard
Interior Features
- Heating BaseboardElectricRadiant
- Appliances Electric Water Heater
- Flooring CarpetLaminateVariesVinyl
- Fireplaces 0
- Fireplace No
Exterior Features
- Roof AsphaltShingle
- Waterfront Property No
- Lot Corner Lot
Community Features
- Township Solvay-Village
- Senior Community No
- MLS Area Solvay-Village-313201