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Renovated Three-Unit Apartment Building

3115 State Route 28 Old Forge, NY 13420

3115 State Route 28, Old Forge, NY, 13420
$499,000
For Sale
$499,000

COMMERCIAL - Old Forge, NY

Property Size1,460 SF
Lot Size0.14 Acres
Price / SF$341.78
Days on Market537

Property Features for 3115 State Route 28

General Information

Property type
Commercial Sale
Property subtype
Other
Zoning
Commercial
Parking
6
Security features
Security Lighting
Basement
Unfinished
Appliances
Electric Oven, Electric Water Heater, Free-Standing Electric Oven, Free-Standing Electric Range, Free-Standing Refrigerator, Microwave, Range, Refrigerator, Stainless Steel Appliance(s), Water Heater
Standard status
Active
APN
041.51-1-69.2
Size
1,460 SF
Lot size
0.14 Acres

Taxes and HOA fees

Tax Annual Amount
2519

Utilities

Sewer type
Public Sewer
Heating system
Forced Air, Oil, Wall Furnace
Cooling system
Window Unit(s), Wall/Window Unit(s)

Building Details

Year built
1900
Floors in Building
2
Number of units
3
Flooring type
Laminate, Carpet
Building materials
Batts Insulation, Vinyl Siding, Wood Siding
Roof type
Shingle, Asphalt
Listing agency Timm Associates Sothebys International Realty
Listed by Sandra Albert
Added: Jan 31, 2025 Updated: Jun 9 at 1:10PM Checked: Jul 22 at 3:06AM
MLS# 203857

Copyright © 2026 Adirondack Champlain Valley MLS. 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.

This fully renovated three-unit apartment building offers a simple, turnkey income setup. The property contains three spacious one-bedroom apartments, and the listing notes that all furnishings are included for immediate occupancy. The building is presented as a year-round investment commercial property with a total building size of 1,460 square feet, situated on a 0.14-acre lot.

The property is located at 3115 State Route 28 in Old Forge, New York (Herkimer County) and is zoned commercial. According to the current offering remarks, two of the units are operating as AirBnBs, while the third unit is occupied by a year lease tenant.

For an owner-operator or investor seeking a ready-to-run residential income asset, this configuration provides established occupancy across two short-term rental units and one longer-term tenancy. With furnishings included and the property described as fully renovated, the buyer is positioned to take over operations and leasing without waiting for unit turn preparations. The listing is offered for sale at $499,000.

Key Highlights

  • Charming 3‑unit apartment building on Main St in Old Forge, NY (year‑round investment commercial building).
  • Three spacious 1‑bedroom apartments, with all furnishings included.
  • Two units are rented as Air BnBs; the third unit has a year lease tenant.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Triplexes

Suggested Use

HVAC Service Electrical Service Building Supply Storage Facility Grocery & Convenience Store Bakery (Bike/Boat/Book/etc) Store Pharmacy Barber Shop Florist

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

FAQs

What type of property is this?
Triplex - Fully renovated, furnished three-unit building with two short-term rentals and one year-lease tenant.
Where is this triplex located?
The property is located at 3115 State Route 28 Old Forge, NY.
What is the asking price?
The asking price for this property is $499,000.
What are key features of this property?
This property features: Charming 3‑unit apartment building on Main St in Old Forge, NY (year‑round investment commercial building).; Three spacious 1‑bedroom apartments, with all furnishings included.; Two units are rented as Air BnBs; the third unit has a year lease tenant.
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