$ 164,300 $ 149,000 10.3%

225 Folts ST

Herkimer, NY 13350

  • 6 Beds
  • 2 Baths
    Full Baths: 2
  • 2,396 SqFt
  • 5,000 Lot Size
  • 1910 Year Built
Welcome to 225-227 Folts St, a well cared for investment and a fantastic opportunity! This spacious two unit building has been used for college housing for many years, and is currently rented to athletes from HCCC for the semester. The rents are $2,100 per semester, per student, with six total student rooms. The potential to continue the current arrangement is available for the next owner if they chose to do so. Inside are three bedrooms on each floor, and each unit includes a spacious living room, convenient entry areas with storage, formal dining rooms, and full baths. The basement has incredibly well maintained mechanicals, separate utilities, and separate laundry machines for each unit. Tons of storage in the attic and basement, a good sized yard and patio, and parking for 2-3 cars on BOTH sides of the home make this one incredibly practical. Schedule today and see how this property can work for you, whether as a home with a rental, OR a phenomenal investment!
Listed by Coldwell Banker Faith Properties , Sold By Coldwell Banker Faith Properties

PROPERTY DETAIL

  • Key Details

    Sold Price $164,300

    Property Type Multi-Family

    Sub Type Multi Family

    Listing Status Sold

    Purchase Type For Sale

    Square Footage 2, 396 sqft

    Price per Sqft $68

    MLS Listing ID S1601364

    Sold Date 08/13/25

    Bedrooms 6

    Full Baths 2

    Construction Status Existing

    HOA Y/N No

    Year Built 1910

    Annual Tax Amount $4,279

    Lot Size 5,000 Sqft

    Acres 0.1148

    Lot Dimensions 50X100

    Property Sub-Type Multi Family

  • Location

    State NY

    County Herkimer

    Area Herkimer-Village-213001

  • Rooms

    Basement Full

  • Building

    Lot Description Rectangular, Rectangular Lot, Residential Lot

    Story 2

    Foundation Block, Other, See Remarks

    Sewer Connected

    Water Connected, Public

    Level or Stories Two

    Structure Type Other,See Remarks

    Construction Status Existing

  • Interior

    Interior Features Ceiling Fan(s)

    Heating Gas, Forced Air

    Flooring Hardwood, Varies, Vinyl

    Fireplace No

    Appliance Electric Water Heater

    Laundry Common Area, Washer Hookup

  • Exterior

    Exterior Feature Balcony, Fence, Patio

    Fence Partial

    Utilities Available Cable Available, Electricity Connected, High Speed Internet Available, Sewer Connected, Water Connected

    Roof Type Asphalt,Shingle

    Porch Balcony, Patio

  • Schools

    School District Herkimer

  • Others

    Senior Community No

    Tax ID 213001-113-081-0004-047-200-0000

    Acceptable Financing Cash, Conventional, FHA, USDA Loan, VA Loan

    Listing Terms Cash, Conventional, FHA, USDA Loan, VA Loan

    Financing FHA

    Special Listing Condition Standard

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CONTACT

Jennifer Hoover
Jennifer Hoover

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