56 Grove st, Ilion, NY 13357

$100,000

Est. payment /mo

$109,900

9.0%
Est.Price: ?

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56 Grove st Ilion, NY 13357

4 Beds

2 Baths

2,168 SqFt

SOLD DATE : 08/03/2026

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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Listed by Keller-Williams Mohawk Valley
Bought with Coldwell Banker Faith Properties Il

NEARBY SCHOOLS & BUSINESSES

Barbara Goldsmith

Barbara Goldsmith

Lic. RE Associate Broker | License ID: 10301217434

+1(315) 794-7702

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