Herkimer, NY 13350,509 Church ST
Herkimer, NY 13350,509 Church ST
Herkimer, NY 13350,509 Church ST
Herkimer, NY 13350,509 Church ST
Herkimer, NY 13350,509 Church ST
Herkimer, NY 13350,509 Church ST
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$70,000

Est.Price: ?

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Est. payment /mo

8 Beds

4 Baths

3,964 SqFt


SOLD DATE : 05/14/2025

Key Details

Sold Price $70,000

Property Type Multi-Family

Sub Type Multi Family

Listing Status Sold

Purchase Type For Sale

Square Footage 3,964 sqft

Price per Sqft $17

MLS Listing ID R1591841

Sold Date 05/14/25

Bedrooms 8

Full Baths 4

Construction Status Existing

HOA Y/N No

Year Built 1885

Annual Tax Amount $3,000

Lot Size 8,398 Sqft

Acres 0.1928

Lot Dimensions 70X120

Property Sub-Type Multi Family

Property Description

Investor's Dream – Vacant 4-Unit Opportunity with High ROI! Cash, Owner Financing, or Creative Financing Available!

This is a rare multi-family investment that's listed as a 3-family but already set up as a 4-family, featuring 8 bedrooms, 4 bathrooms, and a separate apartment above the detached 3-car garage. With its prime location and income potential, this property is an excellent opportunity for a savvy investor looking to renovate, add value, and generate strong cash flow.

Currently vacant and ready for work, this property does need updates, but once completed, it has the potential to bring in $3,500+ in monthly rental income, making it a fantastic return on investment. Whether you're planning to buy and hold, BRRRR, or house hack, this property offers long-term income potential and significant equity growth.

The property has already been cleared out, winterized, and is being sold as-is. The electric is on, but the water is off, allowing you to jump right in and start renovations. This is your chance to customize the space, increase property value, and maximize rental income.

Financing options include cash purchase, owner financing, or creative financing with at least 50% down. If you're looking for an income-generating asset with serious upside potential, don't miss out on this rare opportunity. Schedule your showing today and take the first step toward securing a high-yield investment!

Location

State NY

County Herkimer

Area Herkimer-Village-213001

Rooms

Basement Full

Interior

Heating Gas, Baseboard, Hot Water

Flooring Hardwood, Varies

Fireplace No

Appliance Electric Water Heater, Gas Water Heater

Exterior

Garage Spaces 3.0

Utilities Available Sewer Connected, Water Connected

Garage Yes

Building

Lot Description Other, Rectangular, Rectangular Lot, See Remarks

Story 2

Sewer Connected

Water Connected, Public

Level or Stories Two

Structure Type Other,Wood Siding

Construction Status Existing

Schools

School District Herkimer

Others

Senior Community No

Tax ID 213001-120-024-0004-002-000-0000

Acceptable Financing Cash, Conventional, Owner Will Carry, Private Financing Available, Rehab Financing

Listing Terms Cash, Conventional, Owner Will Carry, Private Financing Available, Rehab Financing

Financing Seller Financing

Special Listing Condition Standard

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Listed by Wolf River Real Estate, LLC 518-390-7059
Bought with Wolf River Real Estate, LLC
agent-avatar

+1(607) 203-0683

matt@warrenhomes.com

830 Hanshaw Rd., Ithaca, NY, 14850, United States

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