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509 Church Street, 
Herkimer, NY 13350

$69,999


8

Beds


4

Baths


3,964

Sq Ft


Multi-Family

Active

Listed by

Angela Gonyo

Wolf River Real Estate, LLC.

518-390-7059

Last updated:

May 6, 2025, 02:44 PM

MLS#

R1591841

Source:

NY GENRIS

About This Home

509 Church Street

Investor’s Dream – Vacant 4-Unit Opportunity with High ROI! Cash, Owner Financing, or Creative Financing Available! This is a rare multi-family investment that’s listed as a 3-family but already set up as a 4-family, featuring 8 bedrooms, 4 bathrooms, and a separate apartment above the detached 3-car garage. With its prime location and income potential, this property is an excellent opportunity for a savvy investor looking to renovate, add value, and generate strong cash flow. Currently vacant and ready for work, this property does need updates, but once completed, it has the potential to bring in $3,500+ in monthly rental income, making it a fantastic return on investment. Whether you’re planning to buy and hold, BRRRR, or house hack, this property offers long-term income potential and significant equity growth. The property has already been cleared out, winterized, and is being sold as-is. The electric is on, but the water is off, allowing you to jump right in and start renovations. This is your chance to customize the space, increase property value, and maximize rental income. Financing options include cash purchase, owner financing, or creative financing with at least 50% down. If you’re looking for an income-generating asset with serious upside potential, don’t miss out on this rare opportunity. Schedule your showing today and take the first step toward securing a high-yield investment!

Home Facts

Multi-Family

4 Baths

8 Bedrooms

Built in 1885

Price Summary

69,999

$17 per Sq. Ft.

MLS #:

R1591841

Last Updated:

May 6, 2025, 02:44 PM

Added:

2 month(s) ago


Rooms & Interior

Bedrooms

Total Bedrooms:

8

Bathrooms

Total Bathrooms:

4

Full Bathrooms:

4

Interior

Living Area:

3,964 Sq. Ft.


Structure

Structure

Building Area:

3,964 Sq. Ft.

Year Built:

1885


Lot

Lot Size (Sq. Ft):

8,398


Finances & Disclosures

Finances

Price:

$69,999

Price per Sq. Ft:

$17 per Sq. Ft.

Source:NY GENRIS
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By clicking Contact I agree a Coldwell Banker Agent may contact me by phone or text message including by automated means and prerecorded messages about real estate services, and that I can access real estate services without providing my phone number. I acknowledge that I have read and agree to the Terms of Use and Privacy Notice.