
Est. Monthly
$517/MO
218 Bellinger Ave, Herkimer, NY
INVESTOR ALERT! $109,000 2-FAMILY IN THE VILLAGE OF HERKIMER! REMODELED • LOW OVERHEAD • SEPARATE UTILITIES • OWNER-OCCUPANT OR INVESTOR Looking for an affordable investment property with low landlord utility expenses? Or maybe you're looking to live in one unit and have rental income help offset your mortgage? This one is worth a look! Village of Herkimer Offered at $109,000 2-Family Property Cash or Conventional Financing WHY THIS PROPERTY STANDS OUT: UPSTAIRS: Spacious 3+ bedroom apartment DOWNSTAIRS: Remodeled 2-bedroom apartment Separate electric meters Separate water meters Separate heating systems Tenants pay their own utilities Very low landlord utility overhead Both units offer remodeled/updated living space Great potential for an investor or owner-occupant INVESTOR OPPORTUNITY One of the biggest advantages here is the utility setup. The apartments are independently metered for electric, water, and heating, meaning the tenants are responsible for their own utility expenses. That makes this an attractive option for an investor looking for a simple, low-overhead 2-family property. Instead of carrying the utility bills for two apartments, the owner can focus on the normal costs of ownership such as taxes, insurance, maintenance, and financing. OWNER-OCCUPANT OPPORTUNITY Want to become a homeowner while generating rental income? Live in one unit and rent the other. The rental income can help offset your monthly housing costs while you build equity in the property. With a 3+ bedroom upper unit and a remodeled 2-bedroom lower unit, there's plenty of flexibility depending on your needs and investment strategy. AT A GLANCE: PRICE: $109,000 PROPERTY: 2-Family LOCATION: Village of Herkimer UPPER: 3+ Bedrooms LOWER: 2 Bedrooms UTILITIES: Separately metered HEATING: Separate ELECTRIC: Separate WATER: Separate TENANT UTILITIES: Tenant paid FINANCING: Cash or Conventional ️ IMPORTANT TERMS: Property is being sold AS-IS. All prospective buyers must be pre-qualified prior to scheduling a showing. Whether you're an experienced investor looking for your next rental property or a buyer looking to house-hack and have a tenant help with the expenses, this $109,000 two-family property offers a lot of potential at an attractive price point. Interested? Send a message for more information or to schedule a showing. $109,000 - Village of Herkimer - 2-Family - Separate Utilities - Remodeled - Investor/Owner-Occupant Opportunity Don't miss this one!
Est. Monthly Payment
$516.66
Private Mortgage Insurance
Not required
Private Mortgage Insurance
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