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Spacious Triplex on Double Lot
For Sale
$99,900

3RD AVE, Frankfort, NY 13340

Three-unit property with renovation potential and immediate income.

Property Size2,972 SF
Price / SF$33.61
Days on Market116

Property Features for 3RD AVE

General Information

Standard status Active
Size 2,972 SF
Property subtype Triplex

Taxes and HOA fees

Annual Taxes $3,430

Amenities

Electric
Full
3
Hardwood, Tile, Laminate
Shingle, Membrane, Rubber
Open, Porch
2 Garage Spaces. Gravel, Unpaved.
Stone
Rectangular
100X150
Rectangular.

Building Details

Year Built 1900
Listing Agency: eXp Realty
Listed By: Louis DeMichele · License #10401246417
Source: Xome
Added: Apr 23 Changed: Aug 12 Last Checked: Aug 16 at 3:11AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of eXp Realty

Investment Insights

Based on property information with market context.

This spacious 2,972 square foot, three-unit property is situated on a double lot. The first-floor unit has been completely renovated and includes 3 bedrooms, 1 full bath, an eat-in kitchen, a formal dining room, and in-unit laundry. This unit is currently rented for $1,200 per month. The second-floor unit features 3 bedrooms and 1 bath, while the third-floor unit offers 2 bedrooms and 1 bath; both are ready for renovation and customization. The property includes a full basement with Bilco doors, providing storage space and access to utilities. Outside, there is ample off-street parking, a rear patio, and a detached 2-car garage. This property presents potential for investors or owner-occupants looking to build equity.

Key Highlights

  • Completely renovated 3‑bedroom, 1‑bath first‑floor unit generating $1,200/month immediate income.
  • Rare double lot with ample off‑street parking and a detached 2‑car garage.
  • Two additional units (3‑bedroom, 1‑bath and 2‑bedroom, 1‑bath) ready for renovation to increase rental income.

Property Analytics

Current Use

Town of Frankfort City Courthouse ReGlaze Me LLC Renovation Specialist Mommy's Memory Mattes ... (Bike/Boat/Book/etc) Store

Suggested Use

Top Pick Real Estate Agency Parking Lot & Garage HVAC Service Electrical Service Nail Salon Bakery

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

129
Businesses Nearby

Demographics for 13340, NY

7,652
Population
3,427
Households
2.2
Avg Household Size
45
Median Age
22%
College-Educated
94%
High-School Grad
60.3 sq mi
ZIP Area
127
Density / Sq Mi
$69,928
Median Household Income
$44,464
Median Earnings
$872
Median Rent
$143,900
Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Triplex - Three-unit property with renovation potential and immediate income.
Where is this triplex located?
The property is located at 3RD AVE Frankfort, NY.
What is the asking price?
The asking price for this property is $99,900.
What are key features of this property?
This property features: Completely renovated 3‑bedroom, 1‑bath first‑floor unit generating $1,200/month immediate income.; Rare double lot with ample off‑street parking and a detached 2‑car garage.; Two additional units (3‑bedroom, 1‑bath and 2‑bedroom, 1‑bath) ready for renovation to increase rental income.
More about this property
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