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$174,900   Price Analysis
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330 King St
Herkimer, NY 13350
5 bed None bath 3,261 SqFt ($53/SqFt)
7,052SqFt lot. Built 1920
Listed 2024-06-24, Taxes $4,922
USDA Eligible
near Herkimer, NY
 Restrictions may apply
due to home size

Great Investment opportunity!

Welcome to this exceptional 5-Unit multi-fmily property, featuring 2 houses and a garage/barn tremendo us for storage. It offers a lucrative investment opportunity in a highly desirable location. This property comprises five apartments and plenty of off-street parking for the residents. Fully rented, current rent roll of over $37, 000 a year!

Potential for more since some units are below market rent and garage/barn is not rented.


Presented by Michael Miner at
Miner Realty & Prop Management.
Listing Agent Photo

Property MLS #S1527639 from NYStateAlliance

Bedrooms: 5

Total Bathrooms: 0

GasWaterHeater

Heating Features: Gas, ForcedAir
Heating: Yes

Flooring: Carpet, Tile, Varies

Basement Description: Partial

BlacktopDriveway
Road Frontage Type: CityStreet

Lot Description: ResidentialLot
Lot Size Acres: 0.1618916
Lot Size Dimensions: 43X164
Lot Size Square Feet: 7052

Garage Spaces: 3
Garage Description: ThreeormoreSpaces, Driveway, NoGarage
Parking Features: ThreeormoreSpaces, Driveway, NoGarage

Association: No
Calculated Total Monthly Association Fees: 0

Elementary School District: Herkimer
High School District: Herkimer
Middle or Junior School District: Herkimer

Herkimer High School is a public middle and high school located approximately 1 miles away.
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Herkimer Elementary School is a public elementary school located approximately 1.3 miles away.
directions icon Map directions

St. Francis De Sales Regional Catholic School is a private elementary school located approximately 0.6 miles away.
directions icon Map directions

Gross Income: 37200
Rent Includes: Water

Number of Units: 5

Annual Tax Amount: 4436
Source Listing Status: Active
County: Herkimer
Cross Street: John Ave
Source Property Type: MultiFamily
Area: Herkimer-Village-213001
Source Neighborhood: Herkimer-Village-213001
Owner Pays: Water
Parcel Number: 213001-120-026-0003-062-000-0000
Postal City: Herkimer
Township: Herkimer-Village
Property Subtype: RoomingHouse
Source System Name: C2C

YearAssessments
Building + Land
Total
Tax
2023$70,200 + $10,100
$80,300
$4,922
2022$70,200 + $10,100
$80,300
$4,880
2021$70,200 + $10,100
$80,300
$4,855
2020$70,200 + $10,100
$80,300
$4,885
2017$70,200 + $10,100
$80,300
$4,678
2016$70,200 + $10,100
$80,300
$4,623
2015$70,200 + $10,100
$80,300
$4,619
2014$70,200 + $10,100
$80,300
$4,510
2014$70,200 + $10,100
$80,300
$4,576
2013$70,200 + $10,100
$80,300
$4,311
2012$70,200 + $10,100
$80,300
$2,432

Listed 2024-06-24
$174,900
NYStateAlliance
Listed 2024-03-21
$179,900
Syracuse
Sold 2021-12-20
$140,000
Public Record
Sold 2015-09-06
$84,000
NYStateAlliance
Listing removed 2015-05-22
$84,000
MohawkValley
Price Changed 2015-03-31
$84,000
MohawkValley
Listed 2014-07-22
$89,000
MohawkValley

Net Operating Income: 3064
Operating Expense: 29700
Operating Expense Includes: WaterSewer

Total Square Feet Living: 3261
Year Built: 1920
Building Area Source: PublicRecords
Building Area Total: 3261
Construction Materials: VinylSiding, WoodSiding
Levels: Two
Property Age: 104
Property Condition: Resale
Roof: Asphalt
Levels or Stories: 2
Building Total Stories: 2
Year Built Details: Existing

Sewer: Connected
SewerConnected
WaterConnected
Water Source: Connected, Public
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.