Attention Investors! This is the perfect chance to transform a multifamily property with incredible potential! Located on a spacious 0.25-acre lot, this 4-unit property offers a combined 3,864 sq ft of living space with 3 bedrooms and 1 bathroom per unit. Each unit is primed for a full renovation, making it ideal for investors looking to add value and maximize returns. Key Property Details: Units: 4 (3 bedrooms, 1 bathroom per unit) Building Size: 3,864 sq ft Lot Size: 0.25 acres Property Type: Multifamily Condition: Complete gut job required – Sold AS IS This is a rare opportunity to create long-term cash flow with potential for high rental yields once renovated. Whether you’re looking for a buy-and-hold investment or a fix-and-flip project, the upside on this property is tremendous.
Property Details
Property Features
Property Information:
Architectural Style: Fourplex
Year Built: 1930
Stories: 2
Living Area: 5,796 SqFt
Listing Office:
Office Name: Unreal Estate Brokerage LLC
Office Phone: (866) 807-9087
Listing Agent: Derek Morgan
Interior Features
Interior Information:
Appliances: Other, Water Heater
Basement: No
Flooring Type: Other, See Remarks
Bedroom and Bathroom Information:
Full Bathrooms: 4
Total Bedroom Count: 12
Exterior Features
Parking Information:
Parking: Two or More Spaces
Lot Features
Lot Information:
Lot: Other, See Remarks
Lot Size: 0.25 Acres
Utilities
Utilities Information:
Heating: Oil, Other
Cooling: Other
Other
Directions Information:
Directions: W Monroe St to Church St. Church St to Pierce St. Turn left onto Furnace St, home will be on the right side.
Price Information
Listing Price Info
Price Summary:
List Price: $150,000
Price Per SqFt: $26/SqFt
What can I afford?
Understand what home price range makes sense for your budget.
Housing Market Comparison
See how this home compares to others in Little Falls, NY.
This property is $20K more than the Median Sold Price and $56/SqFt less than other homes in Little Falls, NY.
Based on homes sold in the last 12 months
MLS Details
MLS Information:
MLS Name: NYS
MLS Number: #B1563869
Listing Office:
Office Name: Unreal Estate Brokerage LLC
Office Phone: (866) 807-9087
Listing Agent: Derek Morgan
The data relating to real estate on this website comes in part from the Internet Data Exchange (IDX) Program of NYSAMLS’s. Real estate listings held by other firms are marked with theListing Broker’s Firm Name. Data provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties that consumers may be interested in purchasing. All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither the listing broker(s) nor this firm shall be responsible for any typographical errors, misinformation, misprints, and shall be held totally harmless.
This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available. Last updated on: 11/23/2024, 11:20:49 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Property Sales & Tax
We're sorry, we currently don't have sales or tax history data for this listing.
Payment Calculator
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$816
Per Month
Principal & Interest
$749
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$0
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$516
Powered By
Advertisement
NMLS#3030
Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
6
/10
Benton Hall Academy
1 Ward Sq
Distance between this listing and this school0.76 miles
Public District Grades PK-5
3
/10
Herkimer Elementary School
255 Gros Blvd
Distance between this listing and this school4.64 miles
Public District Grades PK-5
2
/10
Dolgeville Elementary School
38 Slawson St
Distance between this listing and this school6.05 miles
Public District Grades PK-6
Nearby Schools
4
/10
Gregory B Jarvis Middle School
28 Grove St
Distance between this listing and this school7.52 miles
Public District Grades 5-8
4
/10
Frankfort-Schuyler Middle School
605 Palmer St
Distance between this listing and this school10.41 miles
Public District Grades 6-8
6
/10
John F Kennedy Middle School
500 Deerfield Dr E
Distance between this listing and this school17.48 miles
Public Magnet Grades 7-8
Nearby Schools
5
/10
Little Falls High School
1 High School Rd
Distance between this listing and this school1.10 miles
Public District Grades 9-12
6
/10
Little Falls Middle School
1 High School Rd
Distance between this listing and this school1.11 miles
Public District Grades 6-11
5
/10
James a Green High School
38 Slawson St
Distance between this listing and this school6.11 miles
The neighbors living near this home have an average income of $41,087. Residents of Little Falls, NY typically earn less than $35k each year. Most families are single, no kids. Residents of this area typically have post secondary degree education.
This home is located at 78 Furnace St Unit 76 in Little Falls-City, NY and zip code 13365. This 5,796 square foot home, which was built in 1930, sits on a 0.25 acre lot. Features: 12 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since September 06, 2024 and is currently priced at $150,000.
Over 1 listings were sold over their listed price in October 2024 in Little Falls, NY. In the same period over 3 listings were sold below the listed price and 3 listings were sold for the listed price. In October 2024 in Little Falls, NY there were 2.8% less homes for sale than in September 2024. While the average time on the market in October 2024 was 99 days, the median list price was $130,000.
From Rocket Homes Real Estate and based on county public records data.