______________________________________________________________________________________________Public Remarks: INVESTORS AND ENTREPRENEURS:ALL 4 PROPERTIES WITH 5 HOUSES CONTAINING 19 RENTALS ARE TO BE SOLD AS ONE PACKAGE.Great condition with 19 leasable spaces.Only one is vacant because the LL is prepping it to rent.Properties are in Utica, Herkimer, and Ilion. They are all well maintained and have a lucrative Net Operating Income.The property on King Street in Herkimer has 2 houses on 1 parcel for a total of 5 apartments and a 2 bay barn that could house cars or be used for storage.The only parcel that requires flood insurance if you have a mortgage is the Ilion property however, it has not been problematic.There are 4 Units there.The John Street property has 5 units and the Whitesboro Street property has 5 units.Please see the Data Sheet provided by the Owners.The tax parcels are:120.26-3-62; 119.52-3-58; 318.59-3-30; 318.22-3-4. This is a must see property that is looking to stay rented with all the NEW highway construction,New Hospital going up and companies like CREE and others locating here.Property is 16.15% cap rate.
Business Opportunities, 2 Story
13,722 sq. ft
- Hardwood, Vinyl, Carpet, Linoleum, Varies
- Gas Heat, Electric Heating. Forced Air, See Remarks.
Exterior / Lot Features
- 20 Parking Spaces. 0 Covered Parking Spaces. 20 Space(s).
- Wood, Brick, Frame
- Asphalt, Shingle
- Lot Dimensions
- Other - See Remarks
- Structural Condition
Cash, Conventional, Other, See Remarks
Land and Building,Land, Building and Business
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