CCertihomes
526 W Lake Avenue, Herkimer, NY 13350

$54,999

2 beds 1 baths 1,054 sqft Built 19003 days on marketActive

About this home

Fixer-Upper in Herkimer, NY – Short-Term Owner Financing or Hard Money May Be Available Discover the potential in this rustic Herkimer fixer-upper, tucked away on a quiet dead-end street offering peace, privacy, and small-town charm. Featuring original slab floors and packed with character, this home is a blank canvas waiting for your vision. It's not currently move-in ready, but with the right updates, it could become an ideal flip, long-term rental, or personalized owner-occupied retreat. This is a cash-only sale, sold as-is, and a 10% earnest money deposit (EMD) is required. However, creative financing options such as short-term owner financing or hard money loans may be available, making this project more accessible for serious buyers and investors. Opportunities like this don’t come around often—bring your imagination and unlock the value in this hidden Herkimer gem today.

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
$1,097/mo

Real estate (PITI + HOA + PMI)
$560
Principal + interest$353
Property tax + insurance$186
PMI / 2nd mortgage$21
Utilities
$933
Heating + cooling$317
Internet + TV + phone$133
Water + sewer + garbage$58
Transportation
$0
Other (entertainment)
$133
$1,097/mo TLC
Budget$5,000/mo
Remaining after TLC$3,903/mo
Purchase price
$54,999
Down payment
$2,750 (5%)
Loan amount
$52,249
APR
7.15%

Quick facts

Type
SingleFamilyResidence
Style
Bungalow
Year built
1900
Lot size
0.1435 ac
Stories
0
Heating
Other, SeeRemarks
Cooling
Other, SeeRemarks
Water
Connected, Public
HOA
Annual tax
$1,103
MLS #
R1622540
County
Herkimer

At a glance

Basement

Home features

Appliances
SeeRemarksWaterHeater
Interior
EatInKitchenOtherSeeRemarks
Exterior
SeeRemarks
Parking
NoGarage
Flooring
Hardwood, Varies
Roof
Metal
Sewer
Connected

Lot features

NearPublicTransit, Rectangular, RectangularLot

Neighborhood — 13350

MetricThis ZIPCountyUSA
Population8,72319,351,094299,088,112
Population Change Since1990-12.00%8.00%20.00%
Population Density255395
Male4,1579,381,926147,432,321
Female4,5669,969,168151,655,844
Never Married1,9334,946,39163,775,926
Married3,3967,166,701123,120,365
Separated5481,159,67312,639,686
Widowed7831,110,24515,467,586
Divorced6731,210,44823,075,029
Number Of House Hold3,4847,102,016111,826,380
Average House Hold Size2.422.642.60
Medial Age39.5636.5335.46
Median House Hold Income$31,685$49,847$48,276
Average House Hold Income$42,224$70,032$63,629
P C I$17,337$26,569$24,529
M D I$28,335$42,210$41,133
A T H E$39,122$54,185$50,898
S T R8.00%4.00%
W C J83.84%81.55%77.74%
(Zip) Code
13350

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

Map & walkability

Open in Google Maps →

Listing information last refreshed 7/17/2025. Provided courtesy of Wolf River Real Estate, LLC via Buffalo MLS. Information deemed reliable but not guaranteed.