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Property at 4321 Acme Road, Frankfort, NY 13357
CLOSED
0
$1,250,000

4321 Acme RoadFrankfort, NY, 13357

18,225 SqFt3.3 Acres
Exceptional 14-unit investment opportunity in Frankfort, NY. This well-maintained complex offers consistent rental income and low operating expenses. With reliable tenants and only one current vacancy as the apartment is being updated, this property provides stable cash flow in the heart of the Mohawk Valley. The average tenant longevity is approximately 6½ years, reflecting tenant satisfaction and property stability. Each unit features its own washer and dryer hookups, as well as a furnace, central air conditioning, an electrical meter, and a panel box. Tenants are responsible for their own gas and electric bills. A house meter serves the common area and the basement. The basement spans the full length of the building and is primarily constructed of poured walls. 13 units are two bedrooms. One unit is a one-bedroom. Most units (11 of 14) feature front and rear porches, adding to tenant appeal. There is ample parking for both renters and visitors, ensuring convenience and easy access. There is additional land for future expansion.

Est. Monthly

$5,925/mo

$1,250,000

4321 Acme Road, Frankfort, NY

18,225 SqFt3.3 Acres

Exceptional 14-unit investment opportunity in Frankfort, NY. This well-maintained complex offers consistent rental income and low operating expenses. With reliable tenants and only one current vacancy as the apartment is being updated, this property provides stable cash flow in the heart of the Mohawk Valley. The average tenant longevity is approximately 6½ years, reflecting tenant satisfaction and property stability. Each unit features its own washer and dryer hookups, as well as a furnace, central air conditioning, an electrical meter, and a panel box. Tenants are responsible for their own gas and electric bills. A house meter serves the common area and the basement. The basement spans the full length of the building and is primarily constructed of poured walls. 13 units are two bedrooms. One unit is a one-bedroom. Most units (11 of 14) feature front and rear porches, adding to tenant appeal. There is ample parking for both renters and visitors, ensuring convenience and easy access. There is additional land for future expansion.

StatusClosed
Property TypeCommercial Sale
Property SubtypeApartment
Year Built1970
Days on Market116 days

Est. Monthly Payment

$5,924.97

%
%
yr

Private Mortgage Insurance

Not required

Affordability Checkoptional
$

Enter your annual income to check affordability

Property Details

Property Information

4321 Acme Road

Frankfort, NY 13357 • Herkimer
—
Beds
—
Baths
18,225
SqFt
3.3
Acres
Status
Closed
Property Type
Commercial Sale
Property Subtype
Apartment
Year Built
197056 years ago
Days on Market
116 days
Tax History
Estimated values, may not reflect current amounts.
  • Annual Tax Amount
    $17,557
Property History
  • Closed
    Feb 3, 2026 • NYSAMLS • S1644052
    $1,250,000
  • Listed for sale
    Oct 10, 2025 • NYSAMLS • S1644052
    $1,250,000
Mortgage Calculator
Estimated monthly payment for this property
$5,924.97
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#
    S1644052
  • Listing Office
    Coldwell Banker Faith Properties
  • Last Updated
    40 days ago

Climate & Systems

  • Heating
    • Gas
    • Forced Air

Interior Features

  • Basement
    Full

Parking

  • Parking Features
    On Site
  • Parking Spaces
    25

Lot & Grounds

  • Lot Size
    3.3 acres
  • Lot Features
    Irregular Lot

Type

  • Property Type
    Commercial Sale
  • Property Subtype
    Apartment

Structure

  • Roof
    • Asphalt
    • Metal

Condition

  • Year Built
    1970
  • Condition
    Resale
  • Days on Market
    116 days
  • Water
    None
  • Sewer
    Public Sewer
  • Utilities
    • Electricity Connected
    • Sewer Connected

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

Kevin Lucero

Kevin Lucero

Lic. Real Estate Salesperson

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