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    120 Otsego St Ilion, NY 13357

    For Sale
    $112,900

    MULTI_FAMILY - Ilion, NY

    Property size:
    2,968 SF
    Lot size:
    0.07 Acres
    Days on Market:
    37
    Last Refresh:
    Dec 6 at 8:06 am

    Property Features for 120 Otsego St

    General Information

    Special listing conditions
    Standard
    Property type
    Residential Multi Family
    Property subtype
    Other
    TransactionType
    Standard
    Standard status
    Active
    Rooms
    Bedroom 2, Bedroom 3, Bathroom 3, Basement, Bathroom 1, Bedroom 1, Bathroom 2
    Bedrooms
    3
    Bathrooms
    3
    APN
    119.44-4-68
    Appliances
    ElectricWaterHeater
    Size
    2,968 SF
    Lot size
    0.07 Acres

    Utilities

    Heating system
    Forced Air, Natural Gas
    Water source
    Public

    Building Details

    Year built
    1920
    Floors in Building
    2
    Number of units
    2
    Flooring type
    Vinyl, Laminate, Varies

    Keller Williams Realty Syracuse (315) 701-6900 [email protected]

    Listing agent Delbert Ball (315) 701-6900 License #10401246417

    Listing date Oct 31, 2025

    MLS# S1588727 Listing URL

    Copyright © 2025 New York State Alliance of MLSs, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Ilion Multifamily Investment Opportunity

    This is an investment property located at 120 Otsego St, Ilion, NY 13357. The property includes two apartments and a tenant-operated barber shop. The building size is 2968 square feet and the lot size is 0.07 acres. The property is fully occupied. This listing is for the sale of the building only.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Joe's Barber Shop Barber Shop

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    Phoebe's Floristry

    Location Insight

    • Map
    • Local Demand
    City
    Ilion
    County
    Herkimer
    State
    New York
    Longitude
    -75.038376
    Latitude
    43.012266

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    FAQs

    What type of property is this?
    Storefront property - Fully occupied investment property with apartments and commercial space.
    Where is this storefront property located?
    The property is located at 120 Otsego St Ilion, NY.
    What is the asking price?
    The asking price for this property is $112,900.
    What are key features of this property?
    This property features: - Fully occupied investment property; - Tenant-operated barber shop on site; - Two apartments included
    (315) 701-6900
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    120 Otsego St Ilion, NY 13357
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    Ilion, NY 13357
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    120 Otsego St Ilion, NY 13357
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