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William Macri Real Estate Let's talk

For sale · Multi-family

414 & 414 1/2 N Prospect St

Herkimer, NY 13350

Price

$109,900

About this home

2- two family homes, both fully occupied. Off street parking!

Two-home investment opportunity excellent income producing homes Two-Home Investment Opportunity! Excellent income-producing opportunity featuring two separate homes, each offering two apartments. All four apartments are currently fully occupied, providing immediate and consistent rental income. Both properties have updated roofs. Whether you're an experienced investor or looking to make your first investment, this unique offering provides multiple rental units and established occupancy.

The details

Everything about this home

Home facts

Listing #
LH1000652
Property type
Multi-Family
Sub-type
Fourplex
County
Herkimer
ZIP
13350

Units and building

Zoning
R-3

Interior

Basement
Concrete floor
Attic
Scuttle Hole
Insulation
Partial

Exterior and construction

Foundation
Stone

Parking and garage

Driveway
Blacktop, Stone

Income and expenses

Annual gross income
$45,300
Annual operating expenses
$20,589
Annual taxes
$5,570
Annual insurance
$804
Utilities expense
$10,680
Water and sewer expense
$1,035
Other expenses
$2,500
Net operating income
$24,711
Utilities included in rent
Electric, Gas, Heat, Water

Taxes

Assessed value
$92,700
Town and county tax
$564
School tax
$2,730
Village or city tax
$2,270

Utilities

Heating
Forced Air
Heating fuel
Natural Gas
Water source
Municipal
Sewer
Municipal
Electric system
Circuit Breakers

The neighborhood

Price and status history

  1. Aug 17, 2026 Listed

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