Listing provided courtesy of Gilbo Realty LLCMLS# S1656158MLS Provider
  • 176 days on site
  • 6 views

Four streams of rental income under one roof! Well-maintained four-unit multifamily property 100% occupied, offered at a pro forma 8.93% cap. The property is situated on a residential block with convenient access to major employment centers, shopping, dining, and public transportation. All units are 1-bed 1-bath, with different finishes (including hardwood, parquet, tile, and carpet). Owner pays heat and house meter for exterior lights and basement laundry. Owner's National Grid bill is on the budget plan. Tenants pay for their electricity and hot water. On-site laundry room amenity in the basement so tenants don't need to go to the laundromat. No lawn maintenance. Metal roof is 9-years old. Walk-in attic. Owner built patio out back with creek bed stone, so land is higher than the neighbors' and level with the sidewalk. Schedule a tour to be one step closer to adding four more units to your portfolio! Please allow 48-hour notice for showing appointments. Please do not disturb tenants without an appointment. Thank you.

Source: New York Alliance, MLS#: S1656158

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  • Property Type
    Residential Income
  • Lot
    0.05 acres

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Larry B. Echols

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Owning this Home

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

Life at 1017 Milton Avenue


Schools


School data courtesy of LiveBy, Inc.
Ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating. The schools displayed on this website are for informational purposes only and may not represent a complete or up-to-date list. School assignments are subject to change and should be verified directly with the local school district. Please contact the appropriate school district to confirm school zoning and enrollment eligibility for this property.

History

Date Event Value Agent
5/27/2026Source: New York Alliance Price Reduction
$299,900 -4.8%
1/5/2026Source: New York Alliance Added to Database
January 05, 2026