4321 Acme Road, Ilion, NY 13357 | CORNERPIN- Ithaca and Finger Lakes Homes for Sale

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$1,100,000

4321 Acme Road
Ilion, NY 13357

Apartment|Sold 02/03/2026
0
Beds
0
Total Baths
18,225
SqFt
$60
/SqFt
1970
Built
County:
Herkimer
Listing courtesy of Lynn Boucher of Coldwell Banker Faith Properties (315) 271-3482
Call Now: (607) 288-4881
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(607) 288-4881
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Exceptional 14-unit investment opportunity in Frankfort, NY. This well-maintained complex offers consistent rental income and low operating expenses. With reliable tenants and only one current vacancy as the apartment is being updated, this property provides stable cash flow in the heart of the Mohawk Valley. The average tenant longevity is approximately 6½ years, reflecting tenant satisfaction and property stability. Each unit features its own washer and dryer hookups, as well as a furnace, central air conditioning, an electrical meter, and a panel box. Tenants are responsible for their own gas and electric bills. A house meter serves the common area and the basement. The basement spans the full length of the building and is primarily constructed of poured walls. 13 units are two bedrooms. One unit is a one-bedroom. Most units (11 of 14) feature front and rear porches, adding to tenant appeal. There is ample parking for both renters and visitors, ensuring convenience and easy access. There is additional land for future expansion.

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Listing Snapshot
Bedrooms 
N/A
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Inside Area (SqFt) 
18,225 sqft
Lot Size 
3.3 Acres
Year Built 
1970
MLS® Number 
S1644052
Status 
Sold
Property Tax 
$17,557
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
2 months agoListing updated with changes from the MLS®
General Features
Acres 
3.3
Cross Street 
McGowan Rd
Levels 
Two
Number Of Stories 
2
Parking 
On Site
Parking Spaces 
25
Property Sub Type 
Apartment
Sewer 
Public Sewer
Special Circumstances 
Standard
SqFt Total 
18225
Utilities 
Electricity ConnectedSewer Connected
Zoning 
R
Interior Features
Basement 
Full
Cooling 
Central Air
Heating 
Natural GasForced Air
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Exterior Features
Lot Features 
Irregular Lot
Roof 
AsphaltMetal
Community Features
Financing Terms Available 
Cash
MLS Area 
Frankfort-212689
School District 
Frankfort-Schuyler
Township 
Not Applicable
Schools
School District
Frankfort-Schuyler
Elementary School
Unknown
Middle School
Unknown
High School
Unknown
Neighborhood & Commute
Source: Walkscore
Disclosure: Community information and market data powered by Constellation Data Labs. Information is deemed reliable but not guaranteed.
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