509 Church Street Herkimer, NY $ 69,999
509 Church Street
$ 69,999
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509 Church Street

Herkimer, NY, 13350
$ 69,999
Bedrooms8 Baths4.0 Sq 3,964

Monthly Estimate*

$ 465

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Multi-Family Home for sale in Herkimer, NY

for $69,999 with 8 bedrooms and 4 full baths. This 3,964 square foot home was built in 1885 on a lot size of 0.1928.

Investor’s Dream – Vacant 4-Unit Opportunity with High ROI! Cash, Owner Financing, or Creative Financing Available! This is a rare multi-family investment that’s listed as a 3-family but already set up as a 4-family, featuring 8 bedrooms, 4 bathrooms, and a separate apartment above the detached 3-car garage. With its prime location and income potential, this property is an excellent opportunity for a savvy investor looking to renovate, add value, and generate strong cash flow. Currently vacant and ready for work, this property does need updates, but once completed, it has the potential to bring in $3,500+ in monthly rental income, making it a fantastic return on investment. Whether you’re planning to buy and hold, BRRRR, or house hack, this property offers long-term income potential and significant equity growth. The property has already been cleared out, winterized, and is being sold as-is. The electric is on, but the water is off, allowing you to jump right in and start renovations. This is your chance to customize the space, increase property value, and maximize rental income. Financing options include cash purchase, owner financing, or creative financing with at least 50% down. If you’re looking for an income-generating asset with serious upside potential, don’t miss out on this rare opportunity. Schedule your showing today and take the first step toward securing a high-yield investment!

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Multi-Family Active

Price

$ 69,999

Bedrooms

8

Full Bath

4

Property Type

Multi-Family

Taxes

$ 3,000

Style

MultiFamily

Lot Size

0.1928

Year Built

1885

Town/City

Herkimer

County/Region

Herkimer

MLS | Web ID

R1591841

Features
General
Sewer Connected
Heating Gas Baseboard HotWater
Utilities SewerConnected WaterConnected
Possession CloseOfEscrow Immediately
Appliances ElectricWaterHeater GasWaterHeater
Garage Spaces 3.0
Construction Materials Other WoodSiding
School District Herkimer
Year Built 1885
Stories 2
Township Herkimer-Village
Levels Two
Property Subtype MultiFamily
County Herkimer
Property Type Residential
Garage Y/N Yes
Rent Includes SnowRemoval Water
Full Baths 4
Status Active
City Herkimer
Senior Community Y/N No
High School District Herkimer
Number Of Units Total 4
MLS Area Herkimer-Village-213001
Lot Size Units Acres
Lot Size Square Feet 8400.0
Waterfront Y/N No
Year Built Details Existing
Tax Annual Amount 3000.0
Property Condition Resale
Standard Status Active
Middle/Junior School District Herkimer
Elementary School District Herkimer
Tax Assessed Value 84500
TaxOtherAnnualAssessmentAmount 0.0
Tax Lot 2
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Interior
Basement Full
Flooring Hardwood Varies
Total Fireplaces 0
Total Stories 2
Basement (Y/N) Yes
Heating Y/N Yes
Fireplace Y/N No
Half Baths 0
Total Bedrooms 8
Main Level Bathrooms 0
Total Baths 4
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Exterior
Parking Features Garage Paved
Lot Features Other Rectangular SeeRemarks
Water Source Connected Public
Lot Size Area 0.1928
Building Area Total 3964.0
Lot Dimensions 70X120
Lot Size Acres 0.1928
Number of Separate Gas Meters 2
Number of Separate Electric Meters 2
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Internal Only
Street Number 1 509
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* Excluded Features
List By
Wolf River Real Estate, Llc

Broker

(518) 390-7059

Phone

Affordability Calculator

$715
Per Month
65%
35%
0%
Monthly Principal & Interest
$465
Monthly Property Taxes
$250
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4443906 Elementary School
4443908 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
3/26/2025$69,999 -6.67% Price Down
3/7/2025$74,999 Listed Price

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509 Church Street, Herkimer, NY, 13350 is a Multi-Family Home for sale at $69,999 with 3,964 sqft and a lot size of 0.1928. 509 Church Street has 8 bedrooms, 4.0 baths, and was built in 1885. The property's zip code is 13350 which is in Herkimer, NY