$109,900

220 3rd Avenue, Frankfort, NY 13340

  • 8 beds |
  • 3 baths |
  • 2,972 sqft
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1900
  • Property Lot Size Icon0.34acre lot
  • Property Parking Icon 2 car garage
  • Property Price Per Square Feet Icon $37/sqft
  • Property List Date Icon Listed 1 month ago

Property Description

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! Make sure to check out the 3D tour!

Listing Status:
Active
Date Added:
May 15, 2026
Data Last Updated:
June 26, 2026 at 10:16PM
Listing Office:
eXp Realty : 888-276-0630
Listing Agent:
Louis DeMichele Jr. : 315-527-4923
MLS ID:
S1681593
  • General: Ceiling Fan(s)Natural WoodworkBedroom on Main Level
  • Appliances: Electric Water Heater
  • Laundry: Washer Hookup
  • Basement: Exterior EntryFullWalk-Up Access
  • Flooring: HardwoodLaminateTileVaries
  • Heating: BaseboardElectric
  • Fireplace: Fireplaces: 0
  • Disability Feature: Accessible Bedroom
  • Style: Triplex
  • Other Structures: PorchOpen
  • Parking: GravelTwo or More SpacesUnpaved
  • Roofing: MembraneRubberShingle
  • Windows: Thermal Windows
  • General: Composite SidingWood SidingCopper PlumbingPEX Plumbing2Stone
  • Road/Access: City Street
  • Originating MLS: NYS_MV
  • School District: Frankfort-Schuyler
  • County: Herkimer
  • Zoning: 212601-112-073-0004-043-000-0000
  • Utilities: Cable AvailableElectricity ConnectedHigh Speed Internet AvailableSewer ConnectedWater ConnectedCircuit Breakers
  • Water: ConnectedPublic
  • Sewer: Connected
  • Source: NYS_MV

This listing courtesy of Louis DeMichele Jr. , eXp Realty

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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