Estimated payment $442/month
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
| 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 |
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 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 |
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $21,000 | -- | |
| Deed | $15,000 | -- |
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $10,000 | Unknown | |
| Closed | $10,000 | Unknown |
$50,000
Fixer-Upper Opportunity in Ilion, NY!This 4-bedroom, 1-bath home is the perfect project for investors or buyers looking to build sweat equity! Featuring an attached 1-stall garage and sitting on 0.0571 acres, this property has great potential with the right vision. Located in a convenient area of Ilion, this home is ready for a transformation—whether you’re looking to renovate for resale,
Michael Miner Miner Realty & Prop Management
$55,000
Great opportunity to make a house your own! Come in with finishing touches and an open mind to create exactly what you would like for YOUR home!
Michael Miner Miner Realty & Prop Management
$59,500
Charming home with unique features! New gas furnace/hot water tank (within 5 yrs). Wood fireplace, unfinished basement.
Derek Greene The Greene Realty Group
$55,000
Investor’s Dream – 3-Bedroom Fixer-Upper with Endless Potential!This 3-bedroom, 1.5-bathroom property is a blank canvas waiting for the right buyer to bring it back to life. Situated on 0.0850 acres, this skeleton property offers a solid foundation and plenty of space to create a stunning home or investment opportunity. Whether you’re looking to renovate and flip, build equity as a
Michael Miner Miner Realty & Prop Management
$49,900
Discover opportunity in this spacious 1,774 sq ft home located on a corner lot in the Village of Ilion. With 4 bedrooms and 2 full bathrooms, this property offers flexibility and potential. Three bedrooms are situated upstairs, with one conveniently located on the main level. Whether you’re looking to expand your portfolio or seeking a project with strong potential, this property delivers.
Michael Miner Miner Realty & Prop Management
$57,500
There is so much potential here in this fixer upper. Enclosed sunporch, living & dining rooms, kitchen, 3 season room/mudroom, 3 bedrooms and full bathroom. Fenced in backyard. Fix it to occupy, rent out, or resell!
Jodie Decosty Coldwell Banker Prime Properties
$40,000
Welcome to this delightful 3-bedroom, 1-bathroom home nestled in the heart of Ilion, NY. Boasting a cozy layout and a convenient location, this property offers comfortable living spaces and a touch of rustic charm. # of BA is owner verified.
Derek Greene The Greene Realty Group
Source: Mid New York Regional MLS
MLS Number: S1618837
APN: 212889-119-004-0001-062-000-0000
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