Fixer Upper
Address
40 N William Street, Little Falls-City, NY
Price
$ 129,000
Property Attributes
  • MLS#S1472550
  • TypeCommercial
  • CountyHERKIMER
  • CityLittle Falls-City
  • AreaLittle Falls-City
  • Zip13365
  • Style
  • Year Built1930
  • Taxes$ 4513
  • Price$ 129,000
  • Bedrooms6
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage4860
  • Lot Size3,850 SqFt
Data Source:
Central New York Information Services (CNYIS)
Property Description

Welcome to your dream investment opportunity! Nestled on a picturesque, tree-lined residential street, this magnificent 6-unit apartment building offers immense potential for a savvy investor. Located just a short walk away from the bustling main street, this property presents a prime location that is sure to attract discerning tenants seeking convenience and charm. With a well-thought-out floor plan, this building features a mix of spacious units that include 1, 2, and 3 bedrooms to cater to a diverse range of tenants. A full rehabilitation will be needed to unleash the true potential of this property, allowing you to customize each unit to your desired specifications and maximize rental income. The spacious floor plans provide ample room for comfortable living, while the large windows flood the interiors with natural light, creating a warm and inviting atmosphere. The desirable location of this building ensures that tenants will have easy access to all the amenities and attractions the main street has to offer. Residents will also appreciate the tranquility of the tree-lined residential street, providing a peaceful oasis within the heart of the city.

Price History
5/20/2023 Listed $219,000
6/19/2023 10% - $199,000
7/10/2023 13% - $175,000
12/7/2023 15% - $149,000
3/13/2024 14% - $129,000

General Features

Sewer Connected
Heating Other,SeeRemarks
Cooling Other,SeeRemarks
Utilities SewerConnected,WaterConnected
Possession CloseOfEscrow
Roof Membrane,Rubber
Appliances FreeStandingRange,Oven,Refrigerator,SeeRemarks,WaterHeater
Garage Spaces 0.0
Construction Materials AluminumSiding,SteelSiding
Year Built 1930
Stories 3
Township Not Applicable
OwnerPays Other,SeeRemarks
County Herkimer
Net Operating Income -4513.0
Property Type CommercialSale
Garage Y/N No
Rent Includes Other,SeeRemarks
Status Active
Directions Gansevoort to Williams Street
City Little Falls-City
High School District Little Falls
Total Units 6
MLS Area Little Falls-City-210900
Lot Size Square Feet 3850.0
Waterfront Y/N No
Street Name William
Year Built Details Existing
Tax Annual Amount 4513.0
Property Condition Resale,Fixer
Days on Market 298
Standard Status Active
Middle/Junior School District Little Falls
Elementary School District Little Falls
Tax Assessed Value 15650
TaxOtherAnnualAssessmentAmount 0.0
Tax Lot 16

Interior Features

Basement EgressWindows,Finished
Flooring Hardwood,Varies
Total Stories 3
Basement (Y/N) Yes
Fireplace Y/N No
Street Suffix Street
Total Bedrooms 6

Exterior Features

Parking Features None,NoDriveway,NoGarage
Lot Features CornerLot
Water Source Connected,Public
Lot Size Area 0.0884
Building Area Total 4860.0
Lot Dimensions 55X70
Lot Size Acres 0.0884
Lot Size Units Acres
Number of Separate Gas Meters 1
Number of Separate Electric Meters 6

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Commercial Average in 13365

Price
AVG $140K
$130K
Taxes
AVG $2,356
$4,513
Visits
AVG 838
86
Data Provided by Inside Real Estate®
Year Built
AVG 1934
1930
Walkscore
AVG 62
77
Data Provided by Walkscore® not using MLS data

Areas We Cover

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