$100,000
$109,900
9.0%For more information regarding the value of a property, please contact us for a free consultation.
56 Grove st Ilion, NY 13357
4 Beds
2 Baths
2,168 SqFt
Key Details
Sold Price $100,000
Property Type Multi-Family
Sub Type Multi Family
Listing Status Sold
Purchase Type For Sale
Square Footage 2,168 sqft
Price per Sqft $46
MLS Listing ID S1656265
Sold Date 08/03/26
Bedrooms 4
Full Baths 2
Construction Status Existing
HOA Y/N No
Year Built 1919
Annual Tax Amount $2,789
Lot Dimensions 40X66
Property Sub-Type Multi Family
Property Description
To no fault of the seller this property is BACK ON THE MARKET! Discover the quintessential investment gem nestled in the heart of a charming Mohawk Valley community, where opportunity and comfortable living converge in perfect harmony. This thoughtfully designed duplex presents a compelling proposition for the savvy investor or owner-occupant seeking to offset their mortgage through rental income.
Each of the two generously proportioned units boasts two bedrooms and one bathroom, offering residents a functional floor plan that maximizes every inch of the 2,168 square feet of living space. The property has been strategically updated with newer furnaces and hot water heaters for both units, ensuring reliable comfort throughout the seasons while minimizing those unexpected maintenance headaches that can erode your bottom line. Dual 100-amp circuit breaker service panels provide robust electrical infrastructure, accommodating modern lifestyle demands with ease.
The surrounding neighborhood presents an enviable blend of convenience and community charm. Residents will appreciate the proximity to Ilion Park, a verdant retreat perfect for afternoon relaxation or weekend recreation. Central Valley Academy is within comfortable distance, while everyday shopping needs are effortlessly met with a nearby grocery store anchoring the local amenities.
Whether you envision residing in one unit while collecting rent from the other, or maximizing your investment potential with both units generating income, this property delivers versatility that seasoned investors recognize as increasingly rare. The fundamentals are sound, the upgrades are strategic, and the location offers genuine appeal to prospective tenants.
Seize this moment to explore a property that balances immediate functionality with long-term wealth-building potential. Schedule your private showing today and witness firsthand what makes this duplex an exceptional addition to any portfolio.
Location
State NY
County Herkimer
Area Ilion Village-German Flatts-212801
Rooms
Basement Full
Interior
Heating Gas, Oil, Forced Air
Flooring Carpet, Hardwood, Varies, Vinyl
Fireplace No
Appliance Gas Water Heater
Exterior
Garage Spaces 1.0
Utilities Available Sewer Connected, Water Connected
Roof Type Asphalt
Garage Yes
Building
Lot Description Rectangular, Rectangular Lot
Story 2
Sewer Connected
Water Connected, Public
Level or Stories Two
Structure Type Vinyl Siding
Construction Status Existing
Schools
School District Central Valley
Others
Senior Community No
Tax ID 119.44-5-64
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Financing Conventional
Special Listing Condition Standard
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Bought with Coldwell Banker Faith Properties Il
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