$90,000

134 Second Ave

Herkimer NY, 13350

Description

This property is packed with potential. It is currently in use as student housing with 8 bedrooms and is fully furnished for that purpose. The gross income as student housing is $36,800 with expenses at $17,145 for net operating income of $18,055. Student leases must be honored through May 30, 2020. It is arranged as 3 apartments and can easily be converted back to that purpose and use.. Special features include a grand living room with ceramic fireplace and mahogany beams, redecorated kitchen, and newer boilers. This is a Victorian house rich in the history of early Herkimer.

Details

MLS#10243936
Sub-TypeResale
StatusPending - Show
Year1900
Days On Site784

Features

SQ Feet3,681

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Area Information

StateNY
CityHerkimer
Zip Code13350
Listing VS Median (in 13350)
Price:
$90,000
low | high
Med:
$73,500
68.333333333333% of Average
SqFt:
3,681
low | high
Med:
849
100% of Average
$ / SqFt:
$24
low | high
Med:
$22
59.619917501475% of Average
On Site:
784
low | high
Med:
119
100% of Average
Listing Updated: 11/19/2019
MLS Number: 10243936
Listing Provided By:
David Dudgeon  of  BRUCE WARD COMPANY