Under contract · Multi-family
419 N Prospect St
Herkimer, NY 13350
Price
$129,900
About this home
Four-unit investment property! Excellent investment opportunity! Off street parking and newer roof.
Four-Unit Investment Property! Excellent investment opportunity! This four-unit apartment building offers immediate rental income and strong investment potential. The building also features off-street parking, providing added convenience and value for tenants. With four units, which have all separate meters, a roof, and two hot water tanks installed in 2022, this property presents an excellent opportunity for an investor seeking a solid, income-producing addition to their portfolio.
The details
Everything about this home
Home facts
- Listing #
- LH1000653
- 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
- Siding
- Vinyl
- Roof
- Asphalt, Shingles
- Roof age
- 4 years
- Foundation
- Stone
Parking and garage
- Driveway
- Blacktop
Income and expenses
- Annual gross income
- $39,000
- Annual operating expenses
- $9,218
- Annual taxes
- $4,277
- Annual insurance
- $810
- Utilities expense
- $1,008
- Water and sewer expense
- $1,023
- Other expenses
- $2,100
- Net operating income
- $29,782
- Utilities included in rent
- Water
Taxes
- Assessed value
- $70,000
- Town and county tax
- $434
- School tax
- $2,030
- Village or city tax
- $1,813
Utilities
- Heating fuel
- Natural Gas
- Water source
- Municipal
- Water heater
- Gas
- Sewer
- Municipal
- Electric system
- Circuit Breakers
The neighborhood
Price and status history
- Aug 17, 2026 Listed
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