NOT LISTED FOR SALE

40 E River St Ilion, NY 13357

4 Beds
4 Baths
4,488 Sq Ft
5,280 Sq Ft Lot

Sale Details

Date Sold: January 6, 2026

Last sale price $175,000 $39 Per Sq Ft

181 Days on Market

Highlights

  • Baseboard Heating
  • Rectangular Lot
  • Partially Fenced Property

About This Home

As of January 2026

Excellent Investment Opportunity – 5-Unit Apartment Building
This 5-unit apartment building offers strong rental income. Each unit has been nicely updated. Rents include all utilities. The property features, new boiler in 2024 and ample parking for tenants. A turn-key investment with reliable tenants and minimal maintenance required. Ideal for investors seeking a solid income-producing property.

Last Agent to Sell the Property

John Brown

Listing by Coldwell Banker Faith Properties License #10311200206 Listed on: 05/23/2025

Coldwell Banker Faith Properties

Last Buyer's Agent

Michael Arcuri

Listing by Assist2Sell Buyers & Sellers 1st Choice License #10401372386

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,362

Year Built

  • Built in 1926

Lot Details

  • 5,280 Sq Ft Lot
  • Lot Dimensions are 40x132
  • Partially Fenced Property
  • Rectangular Lot

Home Design

  • Shake Siding
  • Copper Plumbing
  • Cedar

Interior Spaces

  • 4 Bedrooms
  • 4,488 Sq Ft Home
  • 3-Story Property
  • Laminate Flooring
  • Basement Fills Entire Space Under The House

Kitchen

  • Gas Oven
  • Gas Range

Parking

  • No Garage
  • Driveway

Utilities

  • Heating System Uses Gas
  • Baseboard Heating
  • Hot Water Heating System
  • Electric Water Heater
  • Cable TV Available

Community Details

  • 5 Units
  • 1 Separate Gas Meter

Listing and Financial Details

  • Rent includes all utilities, common area maintenance, electricity, heat, hot water, snow removal, trash collection, water
  • Assessor Parcel Number 212801-120-037-0001-009-000-0000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,362

Year Built

Built in 1926

Lot Details

5,280 Sq Ft Lot

Listing Details

  • Property Sub Type: Commercial
  • Property Type: Multi Family
  • Rent Includes: All Utilities, Common Area Maintenance, Electricity, Heat, Hot Water, Snow Removal, Trash Collection, Water
  • Year Built: 1926
  • Lot Features: Rectangular, Rectangular Lot
  • Directions: Central Ave to East River
  • Flooring: Laminate, Varies
  • Garage Yn: No
  • Year Built Details: Existing
  • Financial Info Electric: Circuit Breakers
  • Property Sub Type Additional: Commercial
  • Special Features: VirtualTour

Interior Features

  • Appliances: Electric Water Heater, Gas Oven, Gas Range, Refrigerator
  • Basement: Full
  • Basement YN: Yes
  • Total Bedrooms: 4
  • Stories: 3
  • Stories: 3

Exterior Features

  • Fencing: Partial
  • Acres: 0.1212
  • Waterfront: No
  • Construction Type: Cedar, Shake Siding, Copper Plumbing
  • Exterior Features: Blacktop Driveway, Fence

Garage/Parking

  • Parking Features: Three or more Spaces, No Garage

Utilities

  • Heating: Gas, Baseboard, Hot Water
  • HeatingYN: Yes
  • Utilities: Cable Available, Sewer Connected, Water Connected
  • Water Source: Connected, Public

Condo/Co-op/Association

  • Community Features: None
  • Senior Community: No

Schools

  • Junior High Dist: Central Valley

Lot Info

  • Parcel Number: 212801-120-037-0001-009-000-0000
  • Lot Dimensions: 40X132
  • Lot Size Sq Ft: 5280.0
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units Total: 5
  • Number Of Separate Electric Meters: 1
  • Number Of Separate Gas Meters: 1

Tax Info

  • Tax Annual Amount: 5362.0
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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
01/06/2026 01/06/26 Sold $175,000 0.0% $39 / Sq Ft
11/20/2025 11/20/25 Pending -- -- --
11/01/2025 11/01/25 Off Market $175,000 -- --
07/07/2025 07/07/25 Price Changed $199,900 -9.1% $45 / Sq Ft
05/23/2025 05/23/25 For Sale $219,900 -- $49 / Sq Ft
Source: Mid New York Regional MLS

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 $4,928 $75,300 $6,300 $69,000
2024 $4,928 $75,300 $6,300 $69,000
2023 $4,976 $75,300 $6,300 $69,000
2022 $4,828 $75,300 $6,300 $69,000
2021 $4,807 $75,300 $6,300 $69,000
2020 $4,894 $75,300 $6,300 $69,000
2019 $2,044 $75,300 $6,300 $69,000
2018 $4,911 $75,300 $6,300 $69,000
2017 $4,667 $75,300 $6,300 $69,000
2016 $4,653 $75,300 $6,300 $69,000
2015 -- $75,300 $6,300 $69,000
2014 -- $75,300 $6,300 $69,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Mid New York Regional MLS

MLS Number: S1609850

Mid New York Regional MLS
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