Investor’s Dream – Vacant 4-Unit Opportunity with High ROI! Cash, Owner Financing, or Creative Financing Available!
This is a rare multi-family investment that’s listed as a 3-family but already set up as a 4-family, featuring 8 bedrooms, 4 bathrooms, and a separate apartment above the detached 3-car garage. With its prime location and income potential, this property is an excellent opportunity for a savvy investor looking to renovate, add value, and generate strong cash flow.
Currently vacant and ready for work, this property does need updates, but once completed, it has the potential to bring in $3,500+ in monthly rental income, making it a fantastic return on investment. Whether you’re planning to buy and hold, BRRRR, or house hack, this property offers long-term income potential and significant equity growth.
The property has already been cleared out, winterized, and is being sold as-is. The electric is on, but the water is off, allowing you to jump right in and start renovations. This is your chance to customize the space, increase property value, and maximize rental income.
Financing options include cash purchase, owner financing, or creative financing with at least 50% down. If you’re looking for an income-generating asset with serious upside potential, don’t miss out on this rare opportunity. Schedule your showing today and take the first step toward securing a high-yield investment!
509 Church Street, Herkimer, NY 13350, is a 8 bedroom, 4 bathroom, 3964 sqft. Multi Family built in 1885.
This property is currently available for sale and was listed on Greater Rochester Association of REALTORS® on 3-6-2025.
The MLS# for this Multi Family is MLS# R1591841.
Display of MLS Data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals.
Copyright ©2026 Greater Rochester Association of REALTORS®