$164,300
$149,000
10.3%For more information regarding the value of a property, please contact us for a free consultation.
225 Folts ST Herkimer, NY 13350
6 Beds
2 Baths
2,396 SqFt
Key Details
Sold Price $164,300
Property Type Multi-Family
Sub Type Multi Family
Listing Status Sold
Purchase Type For Sale
Square Footage 2,396 sqft
Price per Sqft $68
MLS Listing ID S1601364
Sold Date 08/13/25
Bedrooms 6
Full Baths 2
Construction Status Existing
HOA Y/N No
Year Built 1910
Annual Tax Amount $4,279
Lot Size 5,000 Sqft
Acres 0.1148
Lot Dimensions 50X100
Property Sub-Type Multi Family
Property Description
Welcome to 225-227 Folts St, a well cared for investment and a fantastic opportunity! This spacious two unit building has been used for college housing for many years, and is currently rented to athletes from HCCC for the semester. The rents are $2,100 per semester, per student, with six total student rooms. The potential to continue the current arrangement is available for the next owner if they chose to do so. Inside are three bedrooms on each floor, and each unit includes a spacious living room, convenient entry areas with storage, formal dining rooms, and full baths. The basement has incredibly well maintained mechanicals, separate utilities, and separate laundry machines for each unit. Tons of storage in the attic and basement, a good sized yard and patio, and parking for 2-3 cars on BOTH sides of the home make this one incredibly practical. Schedule today and see how this property can work for you, whether as a home with a rental, OR a phenomenal investment!
Location
State NY
County Herkimer
Area Herkimer-Village-213001
Rooms
Basement Full
Interior
Interior Features Ceiling Fan(s)
Heating Gas, Forced Air
Flooring Hardwood, Varies, Vinyl
Fireplace No
Appliance Electric Water Heater
Laundry Common Area, Washer Hookup
Exterior
Exterior Feature Balcony, Fence, Patio
Fence Partial
Utilities Available Cable Available, Electricity Connected, High Speed Internet Available, Sewer Connected, Water Connected
Roof Type Asphalt,Shingle
Porch Balcony, Patio
Building
Lot Description Rectangular, Rectangular Lot, Residential Lot
Story 2
Foundation Block, Other, See Remarks
Sewer Connected
Water Connected, Public
Level or Stories Two
Structure Type Other,See Remarks
Construction Status Existing
Schools
School District Herkimer
Others
Senior Community No
Tax ID 213001-113-081-0004-047-200-0000
Acceptable Financing Cash, Conventional, FHA, USDA Loan, VA Loan
Listing Terms Cash, Conventional, FHA, USDA Loan, VA Loan
Financing FHA
Special Listing Condition Standard
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Bought with Coldwell Banker Faith Properties