122 Albany StHerkimer, NY 13350

This exceptional mixed-use property at 122 West Albany Street, Herkimer, New York, presents a lucrative investment opportunity. The 8,556 square foot building sits on a 0.2-acre lot and is zoned C3, allowing for diverse commercial and residential uses. The property comprises eight residential apartment units and two separate commercial spaces, currently operating as a restaurant and storefront. This configuration provides a diversified income stream, minimizing risk and maximizing potential returns. Each apartment unit features its own electric meter, with gas heat included in the rent. The commercial tenants have their own separate utility meters, offering further operational efficiency and cost management. The asking price for this turnkey investment is $459,000. Located in Herkimer, New York, 13350, this property benefits from a convenient location and strong potential for future growth. The existing tenants provide immediate cash flow, making this an attractive option for both seasoned investors and those seeking a stable, high-yield investment. The property's size and zoning offer flexibility for future development or expansion, further enhancing its long-term value. This is a rare opportunity to acquire a well-maintained, income-producing mixed-use property in a desirable location.