Ilion, NY 13357,4321 Acme RD
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Ilion, NY 13357,4321 Acme RD
Ilion, NY 13357,4321 Acme RD
Ilion, NY 13357,4321 Acme RD
Ilion, NY 13357,4321 Acme RD
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$ 1,250,000
Est. payment /mo
Pending

4321 Acme RD Ilion, NY 13357

18,225 SqFt


UPDATED:

Key Details

Property Type Commercial

Sub Type Apartment

Listing Status Pending

Purchase Type For Sale

Square Footage 18,225 sqft

Price per Sqft $68

MLS Listing ID S1644052

Construction Status Existing

HOA Y/N No

Year Built 1970

Annual Tax Amount $17,557

Lot Size 3.300 Acres

Acres 3.3

Lot Dimensions 295X428

Property Sub-Type Apartment

Property Description

Exceptional 14-unit investment opportunity in Frankfort, NY. This well-maintained complex offers consistent rental income and low operating expenses. With reliable tenants and only one current vacancy as the apartment is being updated, this property provides stable cash flow in the heart of the Mohawk Valley. The average tenant longevity is approximately 6½ years, reflecting tenant satisfaction and property stability.
Each unit features its own washer and dryer hookups, as well as a furnace, central air conditioning, an electrical meter, and a panel box. Tenants are responsible for their own gas and electric bills. A house meter serves the common area and the basement. The basement spans the full length of the building and is primarily constructed of poured walls.
13 units are two bedrooms. One unit is a one-bedroom. Most units (11 of 14) feature front and rear porches, adding to tenant appeal. There is ample parking for both renters and visitors, ensuring convenience and easy access. There is additional land for future expansion.

Location

State NY

County Herkimer

Area Frankfort-212689

Zoning R

Direction From Route 5S, take the Ilion Center St exit. Turn onto Acme Rd. The units are on the right.

Rooms

Basement Full

Interior

Heating Gas, Forced Air

Cooling Central Air

Inclusions Land and Building

Fireplace No

Exterior

Utilities Available Electricity Connected, Sewer Connected

Roof Type Asphalt,Metal

Total Parking Spaces 25

Building

Lot Description Irregular Lot

Story 2

Sewer Public Sewer

Level or Stories Two

Construction Status Existing

Schools

School District Frankfort-Schuyler

Others

Tax ID 212689-119-027-0001-003-000-0000

Acceptable Financing Cash

Listing Terms Cash

Special Listing Condition Standard

Virtual Tour https://www.propertypanorama.com/instaview/syr/S1644052


Listed by Coldwell Banker Faith Properties
Virginia Franco

Virginia Franco

Lic. RE Salesperson | License ID: 10401248274

+1(315) 404-5615

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4321 Acme RD