1020 Downer Avenue, Utica, NY 13502
Local realty services provided by:HUNT Real Estate ERA
Listed by: michael arcuri
Office: assist2sell buyers & sellers 1st choice
MLS#:S1647347
Source:NY_GENRIS
Price summary
- Price:$199,000
- Price per sq. ft.:$39.37
About this home
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.
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Home facts
- Year built:1920
- Listing ID #:S1647347
- Added:52 day(s) ago
- Updated:December 19, 2025 at 08:31 AM
Rooms and interior
- Bedrooms:8
- Total bathrooms:3
- Full bathrooms:3
- Living area:5,055 sq. ft.
Heating and cooling
- Heating:Baseboard, Electric, Forced Air, Gas
Structure and exterior
- Roof:Asphalt
- Year built:1920
- Building area:5,055 sq. ft.
- Lot area:0.13 Acres
Utilities
- Water:Connected, Public, Water Connected
- Sewer:Connected, Sewer Connected
Finances and disclosures
- Price:$199,000
- Price per sq. ft.:$39.37
- Tax amount:$4,880
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