Opportunity to acquire a recently renovated Main Street mixed use property. 15 apartment units and 3 fully rented storefronts. CAP rate of 11.25% with NOI $100,400/yr. All tenants cover own utilities. Minutes from NYS Thruway. Owner financing available with 30% down.
Off market
$357,143
137 N Main St, Herkimer, NY 13350
0beds
0baths
13,687sqft
Apartment
Built in 1900
-- sqft lot
$-- Zestimate®
$26/sqft
$1,605 Estimated rent
What's special
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 0
- Bathrooms: 0
Heating
- Forced air, Electric
Features
- Flooring: Other
- Basement: Partially finished
Interior area
- Total interior livable area: 13,687 sqft
Property
Features
- Exterior features: Brick
- Frontage length: 99
Lot
- Size: 0.31 Acres
- Features: See Remarks
Details
- Parcel number: 21300112025136
- Special conditions: Standard
Construction
Type & style
- Home type: Apartment
Materials
- Foundation: Piers
- Roof: Other
Condition
- Existing Unknown
- Year built: 1900
Utilities & green energy
- Sewer: Public Sewer
Community & neighborhood
Location
- Region: Herkimer
Other
Other facts
- Sewer: Public Sewer
- Heating: Forced Air, Electric
- GarageYN: true
- HeatingYN: true
- Roof: See Remarks
- Basement: Full
- ConstructionMaterials: Brick
- NumberOfUnitsInCommunity: 6
- FrontageLength: 99
- Flooring: See Remarks
- OperatingExpenseIncludes: Water/Sewer, Utilities, Insurance
- SpecialListingConditions: Standard
- RentIncludes: See Remarks
- OpenParkingYN: true
- LeaseAmount: 0
- StructureType: Multi Family
- LotFeatures: See Remarks
- YearBuiltDetails: Existing Unknown
- NumberOfSeparateElectricMeters: 1
- NumberOfSeparateGasMeters: 1
- Appliances: Other - See Remarks
- PropertyCondition: Existing Unknown
- OperatingExpense: 101400