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516 Steuben Rd, Herkimer, NY, 13350

--beds
5baths
5,008sqft
$449,000
$90price/sqft
$4,078/moest. monthly cost
$163,120/yrincome needed

About This Home

Sprawling five-unit investment property located in a beautiful, well-established neighborhood. This fully renovated and well-maintained building has undergone numerous upgrades and improvements throughout, and is 100% occupied-offering immediate and reliable income. The property features ample off-street parking and strong rental appeal, making it an ideal opportunity for seasoned investors or those looking to enter the market. Live in one unit while generating income from the others, or maximize returns with this turnkey asset. Excellent net revenue potential with room for continued growth. Please allow 24 to 48 hours for showings, contact agent to schedule showings and for financial information regarding this property

Getting Around

37
WalkingCar-Dependent
0
TransitVery Limited Transit
40
BikeSomewhat Bikeable

Schools

5/10
5/10
Herkimer High SchoolGrades 6-120.9 mi

Construction

Condition

  • Year built: 1930

Materials

  • Roof: Asphalt
  • Construction materials: Post and Beam,Vinyl Siding

Notable Dates

  • Major remodel year: 2025

Type & Style

  • Home type: MultiFamily
  • Property subType: Multi Family

Interior

Basement

  • Has basement: Yes
  • Basement: Full

Bedrooms & Bathrooms

  • Bathrooms: 5
  • Full bathrooms: 5

Features

  • Flooring: Laminate,Linoleum
  • Finished area above ground: 5,008

Heating

  • Heating features: Electric,Natural Gas,Baseboard,Forced Air

Interior Area

  • Total structure area: 5,008
  • Total interior livable area: 5,008 sqft

Property

Details

  • Parcel number: 113.73319
  • Lease amount: 0

Features

  • Stories: 2
  • Patio & porch: Open Porch
  • Frontage length: 0

Lot

  • Lot size: 5,008 sqft

Parking

  • Parking features: Driveway
  • Has uncovered spaces: Yes