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!
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!
Property Details
Price:
$109,900
MLS #:
S1681593
Status:
Active
Beds:
8
Baths:
3
Type:
Multi Family
Subtype:
MultiFamily
Neighborhood:
frankfortvillage212601
Listed Date:
May 15, 2026
Finished Sq Ft:
2,972
Total Sq Ft:
2,972
Lot Size:
15,000 sqft / 0.34 acres (approx)
Year Built:
1900
Units:
3
See this Listing
Schools
School District:
Frankfort-Schuyler
Interior
Appliances
Electric Water Heater
Bathrooms
3 Full Bathrooms
Flooring
Hardwood, Laminate, Tile, Varies
Heating
Baseboard, Electric
Interior Features
Ceiling Fans, Natural Woodwork, Bedroom On Main Level
Laundry Features
Washer Hookup
Exterior
Accessibility Features
Accessible Bedroom
Architectural Style
Triplex
Construction Materials
Composite Siding, Wood Siding, Copper Plumbing, Pex Plumbing
Garage Spaces
2
Lot Features
Rectangular, Rectangular Lot, Residential Lot
Parking Features
Gravel, Two Or More Spaces, Unpaved
Patio And Porch Features
Open, Porch
Roof
Membrane, Rubber, Shingle
Window Features
Thermal Windows
Financial
Taxes
$3,430
Map
Community
- Address220 3rd Avenue Frankfort NY
- CityFrankfort
- CountyHerkimer
- Zip Code13340
Subdivisions in Frankfort
Market Summary
Current real estate data for Multi Family in Frankfort as of Jun 07, 2026
5
Multi Family Listed
110
Avg DOM
30
Avg $ / SqFt
$101,960
Avg List Price
Property Summary
- 220 3rd Avenue Frankfort NY is a Multi Family for sale in Frankfort, NY, 13340. It is listed for $109,900 To schedule a showing of MLS#s1681593 at 220 3rd Avenue in Frankfort, NY, contact your Concrete Jungle Realty agent at 3472420937.
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Courtesy of eXp Realty. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the New York State Alliance of MLSs. Detailed information about real estate listings held by brokerage firms other than Concrete Jungle Realty include the name of the listing broker. Neither the listing company nor Concrete Jungle Realty shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2026. New York State Alliance of MLSs. All rights reserved. 220 3rd Avenue
Frankfort, NY



