4 Beds
2 Baths
2,440 SqFt
4 Beds
2 Baths
2,440 SqFt
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Pending
Purchase Type For Sale
Square Footage 2,440 sqft
Price per Sqft $65
MLS Listing ID S1703715
Style Duplex
Bedrooms 4
Full Baths 2
Construction Status Existing
HOA Y/N No
Year Built 1870
Annual Tax Amount $2,731
Lot Size 4,691 Sqft
Acres 0.1077
Lot Dimensions 58X82
Property Sub-Type Duplex
Property Description
Real Estate has always been a fantastic investment... here's the next lucrative opportunity to start earning Passive Income right away. Primely located in the village of Ilion - a short commute to downtown stores, amenities, 5s, and thruway access. 15 minute drive to Utica and 1 hour drive to Syracuse or Albany. This duplex has solid bones and has been thoughtfully updated to maximize value: New pex & pvc plumbing, updated electrical, 2 brand-new hot water heaters, newly remodeled bathrooms in both units, new electric baseboard heat added upstairs, new appliances, new flooring & fresh paint throughout both units, along with landscaping work, garage & driveway repair, and sunroom remodel in the downstairs unit. There is on-site laundry utilized by both tenants as well as 2 driveways and a shared garage space. The utilities are a split service - 2 separate electric meters, natural gas heat for 1st floor unit & electric baseboards for the 2nd floor while water for both is currently paid by the landlord. Total monthly rent is $2250, that's $27,000 a year! This two family home is an income producing powerhouse and ready for it's new owner to step in and start making money the day after closing. Schedule a showing before its gone!
Location
State NY
County Herkimer
Area Ilion Village-German Flatts-212801
Direction E Main St to Catherine St to E North St
Rooms
Basement Full, Partially Finished
Interior
Heating Electric, Gas, Baseboard, Forced Air
Flooring Carpet, Laminate, Varies
Fireplace No
Appliance Electric Water Heater
Exterior
Exterior Feature Enclosed Porch, Porch
Garage Spaces 1.0
Utilities Available Sewer Connected, Water Connected
Roof Type Flat
Garage Yes
Building
Lot Description Corner Lot, Rectangular, Rectangular Lot
Story 2
Foundation Stone
Sewer Connected
Water Connected, Public
Architectural Style Duplex
Level or Stories Two
Structure Type Brick
Construction Status Existing
Schools
School District Central Valley
Others
Senior Community No
Tax ID 212801-120-037-0002-021-000-0000
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition Standard
Virtual Tour https://www.propertypanorama.com/instaview/syr/S1703715
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