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Property at 220 3rd Avenue, Frankfort, NY 13340
ACTIVE
0
$109,900

220 3rd AvenueFrankfort, NY, 13340

8 Beds3 Baths2,972 SqFt0.34 Acres
Opportunity is knocking! This spacious 3-unit property offers just under 3,000 sq ft and sits on a rare double lot, presenting incredible potential for investors or owner-occupants looking to build equity. The first-floor unit has been completely renovated and features 3 bedrooms, 1 full bath, an eat-in kitchen, formal dining room, and in-unit laundry. Currently rented for $1,200/month, it provides immediate income from day one. The second-floor 3-bedroom, 1-bath unit and third-floor 2-bedroom, 1-bath unit are blank slates ready for renovation and customization to maximize rental income. A full basement with Bilco doors offers excellent storage space and easy access to utilities. Outside, the property features ample off-street parking, a rear patio, and a detached 2-car garage. With strong upside potential and plenty of space, this is your chance to transform a value-add property into a true income-producing powerhouse. Don’t miss this exceptional investment opportunity! Make sure to check out the 3D tour!
1 / 39

Est. Monthly

$521/MO

$109,900

220 3rd Avenue, Frankfort, NY

8 Beds3 Baths2,972 SqFt0.34 Acres

Opportunity is knocking! This spacious 3-unit property offers just under 3,000 sq ft and sits on a rare double lot, presenting incredible potential for investors or owner-occupants looking to build equity. The first-floor unit has been completely renovated and features 3 bedrooms, 1 full bath, an eat-in kitchen, formal dining room, and in-unit laundry. Currently rented for $1,200/month, it provides immediate income from day one. The second-floor 3-bedroom, 1-bath unit and third-floor 2-bedroom, 1-bath unit are blank slates ready for renovation and customization to maximize rental income. A full basement with Bilco doors offers excellent storage space and easy access to utilities. Outside, the property features ample off-street parking, a rear patio, and a detached 2-car garage. With strong upside potential and plenty of space, this is your chance to transform a value-add property into a true income-producing powerhouse. Don’t miss this exceptional investment opportunity! Make sure to check out the 3D tour!

StatusActive
Property TypeResidential
Property SubtypeMulti Family
Year Built1900
Days on Market40 days

Est. Monthly Payment

$520.92

%
%
yr

Private Mortgage Insurance

Not required

Affordability Checkoptional
$

Enter your annual income to check affordability

Property Details

Property Information

220 3rd Avenue

Frankfort, NY 13340 • Herkimer
8
Beds
3
Baths
2,972
SqFt
0.34
Acres
Status
Active
Property Type
Residential
Property Subtype
Multi Family
Year Built
1900126 years ago
Days on Market
40 days
Tax History
Estimated values, may not reflect current amounts.
  • Annual Tax Amount
    $3,430
Property History
  • Listed for sale
    May 15, 2026 • NYSAMLS • S1681593
    $109,900
Mortgage Calculator
Estimated monthly payment for this property
$520.92
Down Payment
Interest Rate
Loan Term
%
%
yearsyrs.
Affordability Checkoptional
$

Enter your annual income to see if this home fits your budget

Private Mortgage Insurance

Not required — down payment above 20%
MLS Information
  • Source
    NYSAMLS
  • MLS#
    S1681593
  • Listing Office
    e Xp Realty
  • Last Updated
    5 days ago

Appliances

  • Appliances
    Electric Water Heater

Climate & Systems

  • Heating
    • Baseboard
    • Electric

Interior Features

  • Flooring
    • Hardwood
    • Laminate
    • Tile
    • Varies
  • Basement
    • Exterior Entry
    • Full
    • Walk Up Access
  • Windows
    Thermal Windows
  • Interior Features
    • Ceiling Fans
    • Natural Woodwork
    • Bedroom On Main Level

Parking

  • Parking Features
    • Gravel
    • Two Or More Spaces
    • Unpaved
  • Garage Spaces
    2

Lot & Grounds

  • Lot Size
    0.34 acres
  • Lot Features
    • Rectangular
    • Rectangular Lot
    • Residential Lot
  • Patio & Porch
    • Open
    • Porch

Type

  • Property Type
    Residential
  • Property Subtype
    Multi Family
  • Architectural Style
    Triplex

Structure

  • Construction
    • Composite Siding
    • Wood Siding
    • Copper Plumbing
    • Pex Plumbing
  • Roof
    • Membrane
    • Rubber
    • Shingle
  • Foundation
    Stone

Condition

  • Year Built
    1900
  • Condition
    Resale
  • Days on Market
    40 days
  • Water
    Connected
  • Sewer
    Connected
  • Electric
    Circuit Breakers
  • Utilities
    • Cable Available
    • Electricity Connected
    • High Speed Internet Available
    • Sewer Connected
    • Water Connected

607-282-6242, (607) 282-6242, or +1 607 282 6242

Kevin Lucero

Kevin Lucero

Lic. Real Estate Salesperson

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