201 & 203 E German St, Herkimer, NY 13350

A great investment opportunity with 3 parcels and 5 total apartments. 201 E. German St is a 3 unit building with 2 1 bedroom units and a 2 bedroom unit. The 2 bedroom unit is completely remodeled and furnished and is currently a short term furnished rental bringing in 1350/month. There is also a 1 bedroom rental also updated and furnished bringing in 1200/month. 203 E German St is a two family with 2, 2 bedroom units one of which is completely updated and furnished bringing in 1600/month to short term renters. 506 Willow Ave adjoins both properties and has a garage on it currently used for storage but could be converted to another rental. This sale must include all 3 properties as they will not be sold individually. The current owner has had great success in renting to visiting nurses and the demand is high. All apartments could easily be converted to this model for even more increased revenue!