CCertihomes
7 Rand Street, German Flatts, NY 13357

$89,000

3 beds 2 baths 1,764 sqft Built 190048 days on marketActive

About this home

Are you an investor seeking a steady, passive rental property in a stable small-town market? This Ilion multi-family is 2 with separate utilities. the first-floor unit is 1 bedroom, and has been recently upgraded with new flooring, new appliances, and freshly painted through-out. The second floor is unit features a similar layout and is occupied by a long-term tenant. A few additional repairs and upgrades will only add more value to this great investment!

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
$1,622/mo

Real estate (PITI + HOA + PMI)
$928
Principal + interest$571
Property tax + insurance$324
PMI / 2nd mortgage$33
Utilities
$1,294
Heating + cooling$509
Internet + TV + phone$160
Water + sewer + garbage$58
Transportation
$0
Other (entertainment)
$160
$1,622/mo TLC
Budget$5,000/mo
Remaining after TLC$3,378/mo
Purchase price
$89,000
Down payment
$4,450 (5%)
Loan amount
$84,550
APR
7.15%

Quick facts

Type
MultiFamily
Style
Year built
1900
Lot size
Stories
2
Heating
Gas, ForcedAir
Cooling
Water
Connected, Public
HOA
Annual tax
$2,042
MLS #
S1616102
County
Herkimer

At a glance

Basement

Home features

Appliances
GasWaterHeater
Parking
TwoOrMoreSpaces
Flooring
Laminate, Varies
Sewer
Connected

Lot features

Rectangular, RectangularLot, 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 6/18/2025. Provided courtesy of Miner Realty & Prop Management via Buffalo MLS. Information deemed reliable but not guaranteed.