This wonderful investment property located in Ilion, NY, offers a unique opportunity for buyers looking for a blend of character and cash flow. The home, built in 1889, showcases an old-style architectural design that exudes historic charm. With 1,344 square feet of living space, it boasts four spacious bedrooms and a single bathroom, making it ideal for families or tenants seeking comfort and convenience. Situated on a generous 1.1-acre lot, this property offers room for outdoor activities and potential landscaping. The home operates on a drilled well and a septic tank, ensuring self-sufficiency and reduced utility costs. One of the standout features is the current tenancy; reliable tenants are already residing in the property and are keen to remain, which provides immediate cash flow for the new owner. The location in Ilion is attractive, with low property taxes enhancing the investment appeal. This home not only embodies historical significance but also presents an excellent opportunity for generating passive income. The seller is eager to make a deal, making this an opportune time for potential investors to jump on this promising property. Whether you are an experienced investor or new to the real estate market, this property comes with the added advantage of established tenants and a solid cash flow, making it a compelling investment choice. Don't miss out on the chance to own this delightful home with both historic value and modern investment potential.
Active
Price cut: $4K (7/27)
$55,000
1451 Elizabethtown Rd, Ilion, NY 13357
4beds
1,344sqft
Single Family Residence
Built in 1889
1.1 Acres Lot
$-- Zestimate®
$41/sqft
$-- HOA
What's special
Old-style architectural designRoom for outdoor activities
- 34 days
- on Zillow |
- 930 |
- 19 |
Zillow last checked: 7 hours ago
Listing updated: July 28, 2025 at 03:06pm
Listing by:
River Hills Properties LLC Ut 315-864-3671,
Omar Knight 315-404-2481
Source: NYSAMLSs,MLS#: S1618837
Originating MLS: Mohawk Valley

Travel times
Tour with a buyer's agent
Tour with a buyer's agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 1
- Full bathrooms: 1
- Main level bathrooms: 1
- Main level bedrooms: 2
Heating
- Oil, Forced Air
Appliances
- Included: Exhaust Fan, Gas Cooktop, Gas Oven, Gas Range, Gas Water Heater, Range Hood
- Laundry: Main Level
Features
- Eat-in Kitchen, Storage, Bedroom on Main Level
- Flooring: Other, See Remarks
- Basement: Full
- Has fireplace: No
Interior area
- Total structure area: 1,344
- Total interior livable area: 1,344 sqft
Video & virtual tour
Property
Parking
- Parking features: No Garage
Features
- Levels: Two
- Stories: 2
- Exterior features: Dirt Driveway
Lot
- Size: 1.1 Acres
- Features: Agricultural, Irregular Lot
Details
- Parcel number: 21288911900400010620000000
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Historic/Antique
- Property subtype: Single Family Residence
Materials
- Vinyl Siding
- Foundation: Stone
Condition
- Resale
- Year built: 1889
Utilities & green energy
- Sewer: Septic Tank
- Water: Well
Community & HOA
Location
- Region: Ilion
Financial & listing details
- Price per square foot: $41/sqft
- Tax assessed value: $31,500
- Annual tax amount: $2,094
- Date on market: 7/6/2025
- Listing terms: Cash,Conventional,Rehab Financing
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