$135,000
$140,000
3.6%For more information regarding the value of a property, please contact us for a free consultation.
5 Beds
5,512 SqFt
SOLD DATE : 02/28/2024
Key Details
Sold Price $135,000
Property Type Multi-Family
Sub Type Other
Listing Status Sold
Purchase Type For Sale
Square Footage 5,512 sqft
Price per Sqft $24
MLS Listing ID S1458936
Sold Date 02/28/24
Bedrooms 5
Construction Status Existing
HOA Y/N No
Year Built 1900
Annual Tax Amount $4,841
Lot Size 0.283 Acres
Acres 0.2828
Lot Dimensions 56X220
Property Sub-Type Other
Property Description
Great investment property with 5 units rented with long term tenants. There is a municipal electric for the village of Ilion and tenants pay their own utilities. Property is well maintained and has a 6 car garage in back parking lot. Each unit has a washer and dryer included as well as an electric oven-stove and refrigerator. 20 minutes from Utica and the thruway. Turn key operation and a great property with upside potential. Owners have owned it for over 30 years and are ready to sell. $2625/month rental income and a great return of profit margin. Grow your investment portfolio and a better use of your money to hedge against inflation. There is an updated Certificate of Compliance in place.
Location
State NY
County Herkimer
Area Ilion Village-German Flatts-212801
Direction From W. Main St. to John St.
Rooms
Basement Full
Interior
Heating Electric
Flooring Hardwood, Resilient, Varies
Fireplace No
Appliance Dryer, Electric Oven, Electric Range, Gas Water Heater, Refrigerator, Washer
Laundry Washer Hookup
Exterior
Exterior Feature Blacktop Driveway
Garage Spaces 1.0
Utilities Available Cable Available, Sewer Connected, Water Connected
Roof Type Asphalt,Shingle
Garage Yes
Building
Lot Description Near Public Transit, Residential Lot
Story 2
Sewer Connected
Water Connected, Public
Level or Stories Two
Structure Type Wood Siding,Copper Plumbing
Construction Status Existing
Schools
School District Central Valley
Others
Senior Community No
Tax ID 212801-119-052-0003-071-000-0000
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Financing Cash
Special Listing Condition Standard
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Bought with Miner Realty & Prop Management
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