$109,900

266 Second St Ilion, NY 13357

Estimated payment $856/month

Total Views 2,677
3 Beds
2 Baths
1,320 Sq Ft
$83 Price per Sq Ft

Highlights

  • Baseboard Heating
  • Rectangular Lot
  • Carpet

About This Home

**Income-Producing Multi-Family — Now Available** Smart investments do not always require a search across state lines. Sometimes, the ideal opportunity is nestled right in the heart of a charming Mohawk Valley village, waiting for a discerning buyer to seize the moment. This well-maintained multi-family property offers two residential units — one spacious two-bedroom and one comfortable one-bedroom — delivering a combined three bedrooms and two bathrooms across approximately 1,320 square feet of functional living space. Both units are currently fully occupied with no long-term lease obligations, granting the new owner immediate rental income along with the flexibility to adjust terms as market conditions evolve. The generous oversized lot is a standout feature, providing ample outdoor space that tenants genuinely appreciate and that distinguishes this property from comparable investments in the area. Dedicated parking further enhances the appeal for residents, while the basement offers valuable additional storage or utility space that adds practical functionality to the overall layout. Recent improvements include a brand-new front porch and a newly constructed rear porch roof, demonstrating thoughtful maintenance that protects your investment for years to come. Each unit benefits from separate electric and heating systems, simplifying expense management and keeping operational costs transparent for the owner. The centrally located setting delivers excellent walkability, with Ilion Park just minutes away on foot. Residents enjoy convenient access to Central Valley Academy, grocery shopping at nearby retailers, and recreational amenities including the Village of Ilion Marina along the scenic waterfront. Whether you are building your first portfolio or expanding an established one, this property deserves your serious consideration. Schedule your private showing today.

Listing Agent

Delbert Ball

Listing by Keller-Williams Mohawk Valley License #10401246417 Listed on: 05/08/2026

Keller-Williams Mohawk Valley

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,150

Year Built

  • Built in 1890

Lot Details

  • Lot Dimensions are 80x132
  • Rectangular Lot

Home Design

  • Siding

Interior Spaces

  • 1,320 Sq Ft Home
  • 2-Story Property
  • Basement Fills Entire Space Under The House

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Utilities

  • Baseboard Heating
  • Electric Water Heater

Community Details

  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 119.43-2-20

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,150

Year Built

Built in 1890

Lot Details

0 Sq Ft Lot

Listing Details

  • Property Sub Type: Multi Family
  • Property Type: Residential
  • Rent Includes: Water
  • Year Built: 1890
  • Lot Features: Rectangular, Rectangular Lot
  • Road Frontage Type: Main Thoroughfare
  • Flooring: Carpet, Varies, Vinyl
  • Unit Levels: Two
  • Year Built Details: Existing
  • Special Features: VirtualTour

Interior Features

  • Appliances: Electric Water Heater
  • Basement: Full
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Stories: 2
  • Stories: 2

Exterior Features

  • Waterfront: No
  • Construction Type: Composite Siding

Garage/Parking

  • Parking Features: Two or More Spaces

Utilities

  • Heating: Electric, Baseboard
  • HeatingYN: Yes
  • Utilities: Sewer Connected, Water Connected
  • Water Source: Connected, Public

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Junior High Dist: Central Valley

Lot Info

  • Parcel Number: 119.43-2-20
  • Lot Dimensions: 80X132
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units In Community: 2
  • Number Of Units Total: 2
  • Number Of Separate Electric Meters: 2

Tax Info

  • Tax Annual Amount: 3150.0

Map

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2025 $3,010 $46,000 $9,900 $36,100
2024 $3,010 $46,000 $9,900 $36,100
2023 $3,007 $46,000 $9,900 $36,100
2022 $2,949 $46,000 $9,900 $36,100
2021 $2,937 $46,000 $9,900 $36,100
2020 $2,875 $46,000 $9,900 $36,100
2019 $1,249 $46,000 $9,900 $36,100
2018 $2,842 $46,000 $9,900 $36,100
2017 $2,795 $46,000 $9,900 $36,100
2016 $2,766 $46,000 $9,900 $36,100
2015 -- $46,000 $9,900 $36,100
2014 -- $46,000 $9,900 $36,100
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/08/2026 05/08/26 For Sale $109,900 +44.6% $83 / Sq Ft
07/21/2023 07/21/23 Sold $76,000 -9.4% $58 / Sq Ft View Prior Sale
05/10/2023 05/10/23 Pending -- -- --
02/13/2023 02/13/23 For Sale $83,900 -- $64 / Sq Ft
Source: Mid New York Regional MLS

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Type Sale Price Title Company
Warranty Deed $76,000 None Available
Warranty Deed $76,000 None Available
Warranty Deed $76,000 None Available
Warranty Deed $76,000 None Available
Interfamily Deed Transfer -- --
Interfamily Deed Transfer -- --
Deed $58,000 --
Deed $58,000 --
Interfamily Deed Transfer $35,000 --
Interfamily Deed Transfer $35,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Loan Amount Loan Type
Previous Owner $52,200 Purchase Money Mortgage
Source: Public Records

Source: Mid New York Regional MLS

MLS Number: S1680315

Mid New York Regional MLS

APN: 212801-119-043-0002-020-000-0000

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