Estimated payment $412/month
Highlights
- Main Floor Bedroom
- Laundry Room
- Agricultural
- Eat-In Kitchen
- Storage Room
- Forced Air Heating System
About This Home
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.
Listing Agent
Listing by River Hills Properties LLC Ut License #10401315208 Listed on: 07/06/2025
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $2,094
Year Built
- Built in 1889
Lot Details
- 1.1 Acre Lot
- Irregular Lot
- Historic Home
Home Design
- Stone Foundation
- Vinyl Siding
Interior Spaces
- 1,344 Sq Ft Home
- 2-Story Property
- Storage Room
- Basement Fills Entire Space Under The House
Kitchen
- Eat-In Kitchen
- Gas Oven
- Gas Cooktop
- Range Hood
Bedrooms and Bathrooms
- 4 Bedrooms | 2 Main Level Bedrooms
- 1 Full Bathroom
Laundry
- Laundry Room
- Laundry on main level
Parking
- No Garage
- Dirt Driveway
Farming
- Agricultural
Utilities
- Forced Air Heating System
- Vented Exhaust Fan
- Well
- Gas Water Heater
- Septic Tank
Listing and Financial Details
- Tax Lot 62
- Assessor Parcel Number 212889-119-004-0001-062-000-0000
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $2,093 | $31,500 | $5,000 | $26,500 |
| 2023 | $1,240 | $31,500 | $5,000 | $26,500 |
| 2022 | $1,226 | $31,500 | $5,000 | $26,500 |
| 2021 | $1,227 | $31,500 | $5,000 | $26,500 |
| 2020 | $2,000 | $31,500 | $5,000 | $26,500 |
| 2019 | $1,946 | $31,500 | $5,000 | $26,500 |
| 2018 | $2,017 | $31,500 | $5,000 | $26,500 |
| 2017 | $1,979 | $31,500 | $5,000 | $26,500 |
| 2016 | $1,929 | $31,500 | $5,000 | $26,500 |
| 2015 | -- | $31,500 | $5,000 | $26,500 |
| 2014 | -- | $31,500 | $5,000 | $26,500 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 11/23/2025 11/23/25 | Price Changed | $45,000 | -8.2% | $33 / Sq Ft |
| 08/13/2025 08/13/25 | Price Changed | $49,000 | -10.9% | $36 / Sq Ft |
| 07/27/2025 07/27/25 | Price Changed | $55,000 | -6.8% | $41 / Sq Ft |
| 07/06/2025 07/06/25 | For Sale | $59,000 | -- | $44 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $21,000 | -- | |
| Deed | $15,000 | -- |
Source: Mid New York Regional MLS
MLS Number: S1618837
APN: 212889-119-004-0001-062-000-0000
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