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1020 Downer Avenue, Utica, NY 13502

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For Sale
Sale Pending

$199,000

8 beds3 baths5,055 sqft

Estimated Payment

$      /mo.

APR for 30 years

Change Loan Terms

  • Multi-Family (2-4 Units)
    Property type

  • Newly Listed
    Time on Century 21

  • $39.37
    Price per square foot

  • Over 50 Years Old
    Age

Explore this Property

Fantastic opportunity to own a spacious 3-unit investment property located at 1020 Downer Avenue in the City of Utica. This well-maintained multi-family home offers over 5,000 square feet of living space and features three separate apartments, each with its own utilities, including individual gas, electric, and furnaces. The first-floor apartment includes 3 bedrooms, 1 full bath, an eat-in kitchen, and in-unit laundry, currently rented at $900/month. The second-floor apartment offers 3 bedrooms, 1 full bath, an eat-in kitchen, and in-unit laundry, rented at $850/month. The third-floor apartment includes 2 bedrooms, 1 full bath, and an eat-in kitchen, rented at $600/month. Property updates include newer front and back doors, a newly built side porch, and thermal windows. Each unit includes appliances such as a refrigerator, range/oven, and washers and dryers where applicable. Exterior features include vinyl siding, blacktop driveway with multiple parking spaces, and separate laundry hookups. Conveniently located in the heart of Utica's college housing area, near the new Wynn Hospital, and close to restaurants, shopping, entertainment, and all of the amenities the city has to offer. With a potential gross annual income of $27,000+, this property offers a strong return and steady rental history. Public water, sewer, and gas are connected. A great opportunity for investors or owner-occupants alike.
MLS# S1647347

Courtesy Of Assist2Sell Buyer's & Seller's 1st Choice

(315) 735-9244

Property Features

  • Age
    Over 50 Years Old
  • Floor Covering
    Hardwood, Carpet, Vinyl
  • Heating System
    Baseboard, Forced Air
  • Lot Size
    0.13 Acres
  • Roof Type
    Asphalt
  • Rooms
    Basement

Map and Directions

Directions to 1020 Downer Avenue, Utica, NY 13502
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Home seller CENTURY 21 Bridgeway Realty

Get to know the neighborhood. A local affiliated CENTURY 21 office will help you set up tours, give advice, and negotiate with sellers.

CENTURY 21 Bridgeway Realty

(315) 928-1400
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