102 East Smith, Herkimer, NY 13350

32 Photos
 
$155,000 List Price
Off Market
 
Listing ID 10441314
Property Type Commercial Business
County Herkimer
Township Herkimer
School Herkimer
Total Tax $11,492
Tax ID 120.33-4-6
FEMA Flood Map fema.gov/portal
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Commercial Real Estate: Apartment/Office/RetailLOOKING FOR A GRE

LOOKING FOR A GREAT RETURN ON YOUR INVESTMENT?! Six 2 bedroom apartments, along with 2 commercial office/retail/restaurant opportunities await you in a convenient Herkimer location. Visible road frontage on both South Main and East Smith streets in the village will offer great exposure for any creative commercial venture. Each apartment has been updated, and has new electric entrances, gas furnaces, plumbing, kitchens and baths. Separate 40 gallon hot water heaters for each apartment. 5 out of 6 apartments pay all of their own utilities, while the owner pays water, insurance, and taxes. A washer and dryer are also available for the occupants of the building. Offsite parking. ALSO: Interior and Exterior Surveillance Monitoring System in place with remote access and storage for up to 90 days. Take this opportunity for a business venture while it lasts!! Possibility for Owner Financing.
Property Details
  • 7 Full Baths
  • 7030 SF
  • 40.00 Acres
  • Renovated 2011
  • 2 Stories
  • Available 11/30/2017
  • Full Basement
  • 7030 Lower Level SF
  • Lower Level: Unfinished
  • Renovation: New gas furnace, electric hot water heaters, plumbing, kitchen and bath renovations. Surveillance Monitoring Security system with remote access
Unit Information
Unit #1 – Gross Area: 7030, Net Leasable Area: 7030, Rent Price: 575, Bedrooms: 2, Full Baths: 1, Occupied
Interior Features
  • Carpet Flooring
  • Hardwood Flooring
  • Laminate Flooring
  • Linoleum Flooring
  • Forced Air
  • 7 Heat/AC Zones
  • Gas Fuel
  • Natural Gas Avail
Exterior Features
  • Masonry - Stucco Construction
  • Stucco Siding
  • Stone Siding
  • Rubber Roof
  • Municipal Water
  • Municipal Sewer
Commercial Info
  • Lease Sq Ft: 7030
  • Monthly Price Sq Ft: 0.00
  • Annual Price Sq Ft: 0.00
  • Housing LLC Tomala (Business Name)
Income/Expenses
  • Gross Income $41,460
  • Net Income $23,768
  • Operating Exp $17,692
  • Insurance Exp $2,400
  • Heat Exp $1,400
  • Water Exp $2,400
  • Total Exp $17,692
  • Paid by Landlord: Water, Insurance
Taxes and Fees
  • $2,468 School Tax
  • $6,716 County Tax
  • $2,308 Village Tax
  • $11,492 Total Tax
  • Tax Year 2016
Previously Listed By
Mrs. Jamie M LaPorte
BRUCE WARD & COMPANY
Office: 315-866-2002
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