266 Second St Ilion, NY 13357
3 Beds
2 Baths
1,320 SqFt
UPDATED:
Key Details
Property Type Multi-Family, Mobile Home
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
Square Footage 1,320 sqft
Price per Sqft $83
MLS Listing ID S1680315
Bedrooms 3
Full Baths 2
Construction Status Existing
HOA Y/N No
Year Built 1890
Annual Tax Amount $3,150
Lot Dimensions 80X132
Property Sub-Type Multi Family
Property Description
Smart investments do not always require a search across state lines. Sometimes, the ideal opportunity is nestled right in the heart of a charming Mohawk Valley village, waiting for a discerning buyer to seize the moment.
This well-maintained multi-family property offers two residential units — one spacious two-bedroom and one comfortable one-bedroom — delivering a combined three bedrooms and two bathrooms across approximately 1,320 square feet of functional living space. Both units are currently fully occupied with no long-term lease obligations, granting the new owner immediate rental income along with the flexibility to adjust terms as market conditions evolve.
The generous oversized lot is a standout feature, providing ample outdoor space that tenants genuinely appreciate and that distinguishes this property from comparable investments in the area. Dedicated parking further enhances the appeal for residents, while the basement offers valuable additional storage or utility space that adds practical functionality to the overall layout.
Recent improvements include a brand-new front porch and a newly constructed rear porch roof, demonstrating thoughtful maintenance that protects your investment for years to come. Each unit benefits from separate electric and heating systems, simplifying expense management and keeping operational costs transparent for the owner.
The centrally located setting delivers excellent walkability, with Ilion Park just minutes away on foot. Residents enjoy convenient access to Central Valley Academy, grocery shopping at nearby retailers, and recreational amenities including the Village of Ilion Marina along the scenic waterfront.
Whether you are building your first portfolio or expanding an established one, this property deserves your serious consideration. Schedule your private showing today.
Location
State NY
County Herkimer
Area Ilion Village-German Flatts-212801
Rooms
Basement Full
Interior
Heating Electric, Baseboard
Flooring Carpet, Varies, Vinyl
Fireplace No
Appliance Electric Water Heater
Exterior
Utilities Available Sewer Connected, Water Connected
Building
Lot Description Rectangular, Rectangular Lot
Story 2
Sewer Connected
Water Connected, Public
Level or Stories Two
Structure Type Composite Siding
Construction Status Existing
Schools
School District Central Valley
Others
Senior Community No
Tax ID 119.43-2-20
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition Standard
Virtual Tour https://www.propertypanorama.com/instaview/syr/S1680315
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