Joanne Leach

220 3rd Avenue, Frankfort, NY 13340

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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!

220 3rd Avenue | MLS# S1681593

This multi-family property located at 220 3rd Avenue, Frankfort, NY 13340 is currently listed for sale with an asking price of $109,900. 3rd Avenue is located within the Frankfort-Schuyler school district. Search Frankfort real estate on joanne-leach.coldwellbankerprime.com today.

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Property Features

Property Type: Multi Unit - Multiple
Basement: Exterior Entry, Full, Walk-Up Access
Garage: 2
Heating: Baseboard, Electric
Home Style: Triplex
Lot Size: 0.34 Acres
Roof Type: Membrane, Rubber, Shingle
Stories: 2.0
Taxes: $3,430
Year Built: 1900

Amenities

Ceiling Fan(s)
Natural Woodwork
Bedroom on Main Level

Feature Descriptions

Accessibility: Accessible Bedroom
Appliances: Electric Water Heater
Days on Site: 6
Exterior: Composite Siding, Wood Siding, Copper Plumbing, PEX P
Flooring: Hardwood, Laminate, Tile, Varies
Laundry: Washer Hookup
Lot: Rectangular, Rectangular Lot, Residential Lot
Lot Dimensions: 100X150
Other Equipment: Satellite Dish
Parcel#: 212601-112-073-0004-043-000-0000
Parking: Gravel, Two or More Spaces, Unpaved
Parking Notes: Gravel, Two or More Spaces, Unpaved
Patio/Porch: Open, Porch
Sewer: Connected
Units: 3
Utilities: Cable Available, Electricity Connected, High Speed Internet Available, Sewer Connected, Water Connected
Water: Connected, Public
Window: Thermal Windows

Local Schools

School District: Frankfort-Schuyler

Estimate Your Payment

Estimated Payment

$ 562.48 per month $244.59 Principal & Interest $285.83 Property Tax $32.05 Homeowner's Insurance

Change Payment Information

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yearly (est.)
(Payments are an estimate and may vary by lender)

Demographics

Listed By / Shown By

Listing By

Agency Name: eXp Realty
Agency Contact: 315-527-4923

Shown By

Agent Name: Joanne Leach
Agent Phone: (315) 447-5424 Cell
Agency Title: Coldwell Banker Prime Properties

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