1020 Downer Avenue, Utica, NY 13502

• 8 beds |
• 3 baths |
• 5,055 sqft

Property Description

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.

Listing Status:

Pending

Date Added:

October 27, 2025 at 05:00AM

Listing Office:

Assist2Sell Buyers & Sellers 1st Choice : 315-735-9244

Listing Agent:

Michael Arcuri : 315-794-5893

MLS ID:

S1647347

Interior

• General: Cedar Closet(s)Ceiling Fan(s)
• Appliances: Gas Water Heater
• Laundry: Washer Hookup
• Basement: Full
• Flooring: CarpetHardwoodVariesVinyl
• Heating: ElectricGasBaseboardForced Air
• Fireplace: Fireplaces: 0

Exterior

• Parking: PavedTwo or More Spaces

Construction

• Roofing: Asphalt
• Windows: Thermal Windows
• General: Vinyl Siding3Stone

Location

• Road/Access: City Street
• Originating MLS: NYS_MV
• School District: Utica
• County: Oneida

Lot

• Zoning: 301600-318-029-0001-018-000-0000

Utilities

• Utilities: Cable AvailableElectricity ConnectedHigh Speed Internet AvailableSewer ConnectedWater ConnectedCircuit Breakers
• Water: ConnectedPublic
• Sewer: Connected

Financial

• Source: NYS_MV

This listing courtesy of Michael Arcuri, Assist2Sell Buyers & Sellers 1st Choice