**Income-Producing Multi-Family — Now Available**
Smart investments do not always require a search across state lines. Sometimes, the ideal opportunity is nestled right in the heart of a charming Mohawk Valley village, waiting for a discerning buyer to seize the moment.
This well-maintained multi-family property offers two residential units — one spacious two-bedroom and one comfortable one-bedroom — delivering a combined three bedrooms and two bathrooms across approximately 1,320 square feet of functional living space. Both units are currently fully occupied with no long-term lease obligations, granting the new owner immediate rental income along with the flexibility to adjust terms as market conditions evolve.
The generous oversized lot is a standout feature, providing ample outdoor space that tenants genuinely appreciate and that distinguishes this property from comparable investments in the area. Dedicated parking further enhances the appeal for residents, while the basement offers valuable additional storage or utility space that adds practical functionality to the overall layout.
Recent improvements include a brand-new front porch and a newly constructed rear porch roof, demonstrating thoughtful maintenance that protects your investment for years to come. Each unit benefits from separate electric and heating systems, simplifying expense management and keeping operational costs transparent for the owner.
The centrally located setting delivers excellent walkability, with Ilion Park just minutes away on foot. Residents enjoy convenient access to Central Valley Academy, grocery shopping at nearby retailers, and recreational amenities including the Village of Ilion Marina along the scenic waterfront.
Whether you are building your first portfolio or expanding an established one, this property deserves your serious consideration. Schedule your private showing today.
Smart investments do not always require a search across state lines. Sometimes, the ideal opportunity is nestled right in the heart of a charming Mohawk Valley village, waiting for a discerning buyer to seize the moment.
This well-maintained multi-family property offers two residential units — one spacious two-bedroom and one comfortable one-bedroom — delivering a combined three bedrooms and two bathrooms across approximately 1,320 square feet of functional living space. Both units are currently fully occupied with no long-term lease obligations, granting the new owner immediate rental income along with the flexibility to adjust terms as market conditions evolve.
The generous oversized lot is a standout feature, providing ample outdoor space that tenants genuinely appreciate and that distinguishes this property from comparable investments in the area. Dedicated parking further enhances the appeal for residents, while the basement offers valuable additional storage or utility space that adds practical functionality to the overall layout.
Recent improvements include a brand-new front porch and a newly constructed rear porch roof, demonstrating thoughtful maintenance that protects your investment for years to come. Each unit benefits from separate electric and heating systems, simplifying expense management and keeping operational costs transparent for the owner.
The centrally located setting delivers excellent walkability, with Ilion Park just minutes away on foot. Residents enjoy convenient access to Central Valley Academy, grocery shopping at nearby retailers, and recreational amenities including the Village of Ilion Marina along the scenic waterfront.
Whether you are building your first portfolio or expanding an established one, this property deserves your serious consideration. Schedule your private showing today.
Property Details
Price:
$109,900
MLS #:
S1680315
Status:
Active
Beds:
3
Baths:
2
Type:
Multi Family
Subtype:
MultiFamily
Neighborhood:
ilionvillagegermanflatts212801
Listed Date:
May 8, 2026
Finished Sq Ft:
1,320
Total Sq Ft:
1,320
Year Built:
1890
Units:
2
See this Listing
Schools
School District:
Central Valley
Interior
Appliances
Electric Water Heater
Bathrooms
2 Full Bathrooms
Flooring
Carpet, Varies, Vinyl
Heating
Electric, Baseboard
Levels
Two
Exterior
Construction Materials
Composite Siding
Lot Features
Rectangular, Rectangular Lot
Parking Features
Two Or More Spaces
Stories
2
Financial
Taxes
$3,150
Map
Community
- Address266 Second St German Flatts NY
- CityGerman Flatts
- CountyHerkimer
- Zip Code13357
Subdivisions in German Flatts
Market Summary
Current real estate data for Multi Family in German Flatts as of Jun 07, 2026
4
Multi Family Listed
65
Avg DOM
48
Avg $ / SqFt
$83,550
Avg List Price
Property Summary
- 266 Second St German Flatts NY is a Multi Family for sale in German Flatts, NY, 13357. It is listed for $109,900 To schedule a showing of MLS#s1680315 at 266 Second St in German Flatts, NY, contact your Concrete Jungle Realty agent at 3472420937.
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Courtesy of Keller-Williams Mohawk Valley. 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. 266 Second St
German Flatts, NY



