CCertihomes
42 3rd Street, German Flatts, NY 13357

$119,900

4 beds 3 baths 1,968 sqft Built 1900269 days on marketActive

About this home

A new multi-family home has now arrived on the market, offering an exciting opportunity for prospective investors with a well-maintained 2-unit income property residing in Ilion! The duplex offers a spacious 3-bedroom unit with 1.5 bathrooms, as well as a 1-bedroom unit. The spacious interior layout ensures comfort for each apartment while additional convenience is provided to the households with shared off-street parking. Homeowners have done a fantastic job with renovation to the property, completing updates such as brand new flooring & siding, new electrical systems & water heaters, and a new roof! Located in the heart of the town, the property sits local to all daily amenities & necessities including local shops & restaurants while being central to surrounding towns such as Frankfort & the county seat Herkimer. The 1-bedroom unit is currently vacant, while the 3-bedroom unit is on a month-to-month basis.

Affordability — calculate your monthly payment

Adjust your budget to see what's left after housing, utilities and transportation. Numbers below assume a 5% down, 30YrFixed at 7.15% APR.

Your estimated payment
$2,065/mo

Real estate (PITI + HOA + PMI)
$1,283
Principal + interest$769
Property tax + insurance$469
PMI / 2nd mortgage$45
Utilities
$1,444
Heating + cooling$559
Internet + TV + phone$160
Water + sewer + garbage$58
Transportation
$0
Other (entertainment)
$160
$2,065/mo TLC
Budget$5,000/mo
Remaining after TLC$2,935/mo
Purchase price
$119,900
Down payment
$5,995 (5%)
Loan amount
$113,905
APR
7.15%

Quick facts

Type
MultiFamily
Style
Duplex
Year built
1900
Lot size
0.0698 ac
Stories
2
Heating
Baseboard, Electric
Cooling
Water
Connected, Public
HOA
Annual tax
$3,347
MLS #
S1572859
County
Herkimer

At a glance

Basement

Home features

Appliances
ElectricWaterHeater
Interior
BedroomOnMainLevel
Parking
Common
Flooring
Carpet, Varies, Vinyl
Roof
Metal
Sewer
Connected

Lot features

FloodZone, ResidentialLot

Neighborhood — 13357

MetricThis ZIPCountyUSA
Population10,86419,351,094299,088,112
Population Change Since1990-8.00%8.00%20.00%
Population Density357395
Male5,1409,381,926147,432,321
Female5,7249,969,168151,655,844
Never Married2,1894,946,39163,775,926
Married4,4717,166,701123,120,365
Separated4751,159,67312,639,686
Widowed7921,110,24515,467,586
Divorced8881,210,44823,075,029
Number Of House Hold4,0357,102,016111,826,380
Average House Hold Size2.652.642.60
Medial Age37.4636.5335.46
Median House Hold Income$37,398$49,847$48,276
Average House Hold Income$42,938$70,032$63,629
P C I$16,400$26,569$24,529
M D I$32,840$42,210$41,133
A T H E$39,551$54,185$50,898
S T R8.00%4.00%
W C J70.87%81.55%77.74%
(Zip) Code
13357

Data via Certihomes neighborhood index. Comparisons across this ZIP, county and the United States.

Map & walkability

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Listing information last refreshed 10/18/2024. Provided courtesy of River Hills Properties LLC Lf via Buffalo MLS. Information deemed reliable but not guaranteed.