Movoto Real Estate

51 E Main St, German Flatts, NY 13407

  • $264,000

  • 5

    bed

  • 4

    bath

  • 5,559

    Sqft ($47/Sqft)

Multi-family for sale 25 days
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About 51 E Main St

Property type Multi-family
Year built 1900
HOA fee $0/month
Lot size 9,200 Sqft
Property description
Unlock the potential of this income-producing 4-unit investment property located in a highly visible and convenient location. Featuring a desirable unit mix of one 2-bedroom apartment and three 1-bedroom apartments, this property offers multiple streams of rental income and strong appeal to a wide range of tenants. The spacious first-floor unit provides comfortable living space, while the three upper-level apartments maximize earning potential. Upstairs tenants pay their own electric, helping reduce operating expenses and improve your bottom line. The downstairs units utilize combined gas and electric service. Situated on a generous lot with ample off-street parking, this property offers the convenience tenants are looking for while providing investors with a solid asset in an established location. Close to shopping, dining, schools, and everyday amenities, the property benefits from continued rental demand and easy accessibility. Whether you're a seasoned investor looking to expand your portfolio or a buyer seeking a multi-family property with immediate income potential, 51 East Main Street presents an outstanding opportunity. With four rental units under one roof, strong cash-flow possibilities, and long-term appreciation potential, this is an investment worth adding to your portfolio.
Listed by
Listing Agent - Brandon Mosher
Listing Office - River Hills Properties LLC Lf
Source: NYSAMLS’s mls logo
MLS#S1692932 • last updated 3 weeks ago
Movoto checked NYSAMLS’s for data 7 minutes ago
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Overview
Heating Gas, Electric, ForcedAir
Levels/Style Two, Fourplex
Virtual Tour External Link
MLS # S1692932
SqFt 5559
SubType Multi Family
Status Active
Lot Size (SqFt) 9200
Lot Size (Acres) 0.2112
Property Tax 10384
Tax Assessed Value 91550
Condition Resale
Interior
Total # of Bathrooms 4
# of Full Baths 4
Total # of Bedrooms 5
Basement Full
Flooring Carpet, Tile, Varies, Vinyl
Exterior
Construction Vinyl Siding
Parking Common
Lot Desc IrregularLot, ResidentialLot
Amenities / Utilities
Appliances Electric Water Heater
Utilities SewerConnected, WaterConnected
Sewer/ Septic Connected
Water Source Connected, Public
Location
High School District Central Valley
APN 212803-120-040-0001-027-000-0000
Directions East Main Street. Property Is In Between New York Street And Ann Street.
Multifamily Details
Owner Pays Other, SeeRemarks
# of Separate Electric Meters 4
# of Separate Gas Meters 4
Operating Expense Includes Other, SeeRemarks
Lot/ Land Details
Road Frontage City Street
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Around the neighborhood

Explore everything this neighborhood has to offer.
30/100
Walk
68/100
Family
23/100
Dining
67/100
Pet
  • Real Estate
  • NY
  • Herkimer County
  • German Flatts
  • 13407
  • 51 E Main St

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