51 E Main Street German Flatts, NY $ 264,000
51 E Main Street
$ 264,000
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51 E Main Street

German Flatts, NY, 13407
$ 264,000
Bedrooms5 Baths4.0 Sq 5,559

Monthly Estimate*

$ 1,667

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Multi-Family Home for sale in German Flatts, NY

for $264,000 with 5 bedrooms and 4 full baths. This 5,559 square foot home was built in 1900 on a lot size of 0.2112.

Unlock the potential of this income-producing 4-unit investment property located in a highly visible and convenient location. Featuring a desirable unit mix of one 2-bedroom apartment and three 1-bedroom apartments, this property offers multiple streams of rental income and strong appeal to a wide range of tenants. The spacious first-floor unit provides comfortable living space, while the three upper-level apartments maximize earning potential. Upstairs tenants pay their own electric, helping reduce operating expenses and improve your bottom line. The downstairs units utilize combined gas and electric service. Situated on a generous lot with ample off-street parking, this property offers the convenience tenants are looking for while providing investors with a solid asset in an established location. Close to shopping, dining, schools, and everyday amenities, the property benefits from continued rental demand and easy accessibility. Whether you're a seasoned investor looking to expand your portfolio or a buyer seeking a multi-family property with immediate income potential, 51 East Main Street presents an outstanding opportunity. With four rental units under one roof, strong cash-flow possibilities, and long-term appreciation potential, this is an investment worth adding to your portfolio.

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Multi-Family Active

Price

$ 264,000

Bedrooms

5

Full Bath

4

Property Type

Multi-Family

Taxes

$ 10,384

Style

Fourplex

Lot Size

0.2112

Year Built

1900

Town/City

German Flatts

County/Region

Herkimer

MLS | Web ID

S1692932

Features
General
Sewer Connected
Heating Gas Electric ForcedAir
Utilities SewerConnected WaterConnected
Possession Closing
Appliances ElectricWaterHeater
Garage Spaces 0.0
Architectural Style Fourplex
Construction Materials VinylSiding
School District Central Valley
Year Built 1900
Stories Count 2
Township Mohawk-Village
Levels Two
Property Subtype MultiFamily
County Herkimer
Property Type Residential
Rent Includes Other SeeRemarks
Full Baths 4
Status Active
Directions East Main Street. Property is in between New York Street and Ann Street.
City German Flatts
Senior Community Y/N No
High School District Central Valley
Number Of Units Total 4
MLS Area Mohawk-Village-212803
Lot Size Units Acres
Lot Size Square Feet 9200.0
Year Built Details Existing
Tax Annual Amount 10384.0
Property Condition Resale
Virtual Tour https://www.propertypanorama.com/instaview/syr/S1692932
Standard Status Active
Middle/Junior School District Central Valley
Elementary School District Central Valley
Tax Assessed Value 91550
TaxOtherAnnualAssessmentAmount 0.0
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Interior
Basement Full
Flooring Carpet Tile Varies Vinyl
Total Fireplaces 0
Total Stories 2
Basement (Y/N) Yes
Heating Y/N Yes
Fireplace Y/N No
Half Baths 0
Total Bedrooms 5
Main Level Bathrooms 0
Total Baths 4
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Exterior
Parking Features Common
Lot Features IrregularLot ResidentialLot
Water Source Connected Public
Lot Size Area 0.2112
Building Area Total 5559.0
Lot Dimensions 60X322
Lot Size Acres 0.2112
Waterfront Y/N No
Number of Separate Gas Meters 4
Number of Separate Electric Meters 4
Road Frontage Type CityStreet
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Internal Only
Street Number 1 51
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* Excluded Features
List By
River Hills Properties Llc Lf

Broker

(315) 868-4596

Phone

Affordability Calculator

$2,532
Per Month
66%
34%
0%
Monthly Principal & Interest
$1,667
Monthly Property Taxes
$865
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.49% 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
3040778 Elementary School
3041152 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
6/22/2026$264,000 Listed Price

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51 E Main Street, German Flatts, NY, 13407 is a Multi-Family Home for sale at $264,000 with 5,559 sqft and a lot size of 0.2112. 51 E Main Street has 5 bedrooms, 4.0 baths, and was built in 1900. The property's zip code is 13407 which is in German Flatts, NY