222 N Washington St Herkimer, NY 13350
MULTI_FAMILY - Herkimer, NY
- Added:
- Jun 21, 2026
- Days on Market:
- 22
- Last Refresh:
- Jul 12 at 10:06 am
Property Features for 222 N Washington St
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 4
- Bathrooms
- 2
- Rooms
- Bathroom 2, Bedroom 4, Bedroom 3, Bedroom 2, Basement, Bathroom 1, Bedroom 1
- Appliances
- ElectricWaterHeater
- Standard status
- Pending
- APN
- 113.81-3-7
- Size
- 2,062 SF
Taxes and HOA fees
- Tax Annual Amount
- 3563
Utilities
- Heating system
- Natural Gas, Forced Air
- Water source
- Public
Building Details
- Year built
- 1910
- Floors in Building
- 2
- Number of units
- 2
- Flooring type
- Varies, Vinyl, Tile, Carpet
- Building materials
- FiberCement
- Roof type
- Shingle
Listing agent Delbert Ball License #10401246417 (315) 868-3933
Listing office Keller-Williams Mohawk Valley 5701 Enterprise Pkwy, East Syracuse, NY (315) 701-6900
Listing date Jun 21, 2026
Copyright © 2026 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.
Investment Insights
Based on property information with market context.
Located at 222 N Washington St in Herkimer, the property is positioned near everyday amenities and local points of interest. The remarks note that Hannaford is a short stroll away, and Myers Park is within walking distance. The area’s educational institutions include Herkimer High School and Herkimer County Community College. Visitor interest is also present seasonally, with the Herkimer Diamond Mines mentioned in the immediate region, along with the National Baseball Hall of Fame and Museum.
For investors or buyers seeking a straightforward two-unit portfolio addition, the combination of a renovated duplex configuration, established on-site tenant amenities like parking and outdoor space, and two self-contained refreshed units can help support stable day-to-day operations. This offering is best suited for those looking for a residential income property with a clear, livable plan already in place.
Key Highlights
- Two‑unit residence offering a total of 4 bedrooms and 2 bathrooms
- 2,062 sq ft multi‑family home with basement
- Heating: forced air natural gas; includes electric water heater
Local Financial Insights For Apartment 5plus
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $29.7k | $14.40 |
| − Vacancy | −$2.4k | −$1.17 |
| EGI | $27.3k | $13.23 |
| − OpEx | −$12.3k | −$5.96 |
| NOI | $15.0k | $7.28 |
