1 Main Street Cherry Valley, NY $ 725,000
1 Main Street
$ 725,000
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1 Main Street

Cherry Valley, NY, 13320
$ 725,000
Bedrooms9 Baths9.0 Sq 9,630

Monthly Estimate*

$ 4,464

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Multi-Family Home for sale in Cherry Valley, NY

for $725,000 with 9 bedrooms and 9 full baths. This 9,630 square foot home was built in 1900 on a lot size of 0.15.

Commanding the corner in the heart of Historic Cherry Valley, 1 Main Street is a landmark mixed-use investment property offering over 9,000 square feet of income-producing space. This impressive multi-story brick building blends timeless architecture with strong commercial visibility, featuring a ground-level storefront and 9+ residential apartments above. Its prominent Main Street location places tenants and customers within steps of village shops, dining, and local amenities, while the building’s classic brick façade, wraparound porches, and corner presence create undeniable curb appeal. The scale and layout of the property present exceptional flexibility for investors seeking steady rental income, future value-add potential, or a flagship asset in a charming historic community. With multiple revenue streams already established and room to enhance long-term returns, this is a rare opportunity to own one of Cherry Valley’s signature buildings. Whether expanding a portfolio or securing a cornerstone investment in a desirable village setting, 1 Main Street delivers location, character, and opportunity in one compelling package.

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Multi-Family Active

Price

$ 725,000

Bedrooms

9

Full Bath

9

Property Type

Multi-Family

Taxes

$ 4,869

Style

MultiFamily

Lot Size

0.15

Year Built

1900

Town/City

Cherry Valley

County/Region

Otsego

MLS | Web ID

S1664836

Features
General
Sewer SepticTank
Heating Electric HeatPump Propane ForcedAir
Cooling HeatPump
Utilities WaterConnected
Possession Closing
Roof Membrane Rubber
Appliances ElectricWaterHeater
Garage Spaces 0.0
Construction Materials Other Stone SeeRemarks
School District Cherry Valley-Springfield
Year Built 1900
Stories Count 4
Township Cherry Valley-Village
Property Subtype MultiFamily
County Otsego
Property Type Residential
Rent Includes Other SeeRemarks
Full Baths 0
Status Active
City Cherry Valley
Senior Community Y/N No
High School District Cherry Valley-Springfield
Zoning Description Commercial
Number Of Units Total 9
MLS Area Cherry Valley-Village-362401
Lot Size Units Acres
Lot Size Square Feet 6534.0
Year Built Details Existing
Tax Annual Amount 4869.0
Property Condition Resale
Virtual Tour https://www.propertypanorama.com/instaview/syr/S1664836
Standard Status Active
Middle/Junior School District Cherry Valley-Springfield
Elementary School District Cherry Valley-Springfield
Tax Assessed Value 200000
TaxOtherAnnualAssessmentAmount 0.0
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Interior
Basement None
Flooring Hardwood Varies
Total Fireplaces 0
Total Stories 4
Basement (Y/N) No
Air Conditioning Y/N Yes
Heating Y/N Yes
Fireplace Y/N No
Half Baths 0
Total Bedrooms 0
Main Level Bathrooms 0
Total Baths 0
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Exterior
Exterior Amenities PropaneTankLeased
Parking Features Common
Lot Features CornerLot IrregularLot
Water Source Connected Public
Lot Size Area 0.15
Building Area Total 9630.0
Lot Dimensions 41X0
Lot Size Acres 0.15
Waterfront Y/N No
Number of Separate Gas Meters 10
Number of Separate Electric Meters 10
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Internal Only
Street Number 1 1
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* Excluded Features
List By
River Hills Properties Llc Lf

Broker

(315) 868-4596

Phone

Affordability Calculator

$4,870
Per Month
92%
8%
0%
Monthly Principal & Interest
$4,464
Monthly Property Taxes
$406
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% 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
5189962 Elementary School
5189960 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
3/3/2026$725,000 Listed Price

Map


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1 Main Street, Cherry Valley, NY, 13320 is a Multi-Family Home for sale at $725,000 with 9,630 sqft and a lot size of 0.15. 1 Main Street has 9 bedrooms, 9.0 baths, and was built in 1900. The property's zip code is 13320 which is in Cherry Valley, NY