516 Steuben Hill Rd Herkimer, NY 13350
Estimated payment $2,947/month
Highlights
- Post and Beam
- Forced Air Heating System
- Baseboard Heating
- Porch
About This Home
Sprawling five-unit investment property located in a beautiful, well-established neighborhood. This fully renovated and well-maintained building has undergone numerous upgrades and improvements throughout, and is 100% occupied-offering immediate and reliable income. The property features ample off-street parking and strong rental appeal, making it an ideal opportunity for seasoned investors or those looking to enter the market. Live in one unit while generating income from the others, or maximize returns with this turnkey asset. Excellent net revenue potential with room for continued growth. Please allow 24 to 48 hours for showings, contact agent to schedule showings and for financial information regarding this property
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $6,600
Year Built
- Built in 1930 | Remodeled in 2025
Parking
- Driveway
Home Design
- Post and Beam
- Asphalt Roof
- Vinyl Siding
Interior Spaces
- 5 Full Bathrooms
- 5,008 Sq Ft Home
- 2-Story Property
- Basement Fills Entire Space Under The House
Flooring
- Linoleum
- Laminate
Utilities
- Forced Air Heating System
- Heating System Uses Natural Gas
- Baseboard Heating
Additional Features
- Porch
- 5,008 Sq Ft Lot
Map
Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 04/29/2026 04/29/26 | Price Changed | $449,000 | -8.2% | $90 / Sq Ft |
| 04/21/2026 04/21/26 | For Sale | $489,000 | -- | $98 / Sq Ft |
Source: NY State MLS
MLS Number: 11690577
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Ask me questions while you tour the home.