220 3rd Avenue
Frankfort, NY 13340 · Herkimer County
Price
$99,900
Bed / Bath
8 bd · 3 ba
Interior
2,972 sqft
Lot
14,810 sqft lot
Built
1900
Garage
2-car
↓ Reduced from $109,900
About this home
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!
Interior features
- Ceiling Fans
- Natural Woodwork
- Bedroom On Main Level
Appliances
- Electric Water Heater
Mechanical
Heating
Baseboard, Electric
Schools
District
Frankfort-Schuyler
Tax & finance
Annual taxes
$3,430
Financing
Cash · RehabFinancing
MLS Attribution
Listing courtesy of eXp Realty. Listing agent: Louis DeMichele Jr.. Data last updated 7/16/2026. Information deemed reliable but not guaranteed; should be independently verified. © NYS Alliance of MLSs.
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