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    Herkimer, NY Short Term Rental Properties for Sale

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    Mohawk, NY Ilion, NY Frankfort, NY
    Mixed-Use Property in Herkimer, NY
    $218,500
    5,844 SF

    Mixed-Use Property in Herkimer, NY

    246 N Main st, Herkimer, NY 13350

    Mixed-use property with retail space and residential units for sale.

    • Substantial Annual Revenue: Generates $44,000 in annual revenue, providing immediate returns.
    • Mixed‑Use Property: Features a commercial retail space, garage storage, and residential apartments for diverse income streams.
    • Short‑Term Rental Income: Two turnkey short‑term rental apartments on the third floor generate premium nightly returns.
    • Fully Leased Apartments: Two apartments on the second floor are secured under one‑year leases, ensuring steady income.
    • Independent Utilities: Five separate electrical meters and individual gas services simplify management and maximize profitability.
    Updated: Mar 21
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    Mixed-Use Investment in Herkimer, NY
    $218,500
    5,844 SF

    Mixed-Use Investment in Herkimer, NY

    246 N Main St, Herkimer, NY 13350

    Mixed-use property with retail space and residential units.

    • Substantial annual revenue: Generates $44,000 in annual revenue.
    • Mixed‑use property with income streams: Features a commercial retail space, two long‑term rental apartments, and two short‑term rental apartments.
    • Independent utilities: Equipped with five separate electrical meters and individual gas services.
    • Prime location: Situated in a walkable community near Myers Park, healthcare facilities, and Herkimer County Community College.
    • Strong short‑term rental potential: Benefits from proximity to the Diamond Mines and Adirondack Mountains.
    Updated: Mar 21
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    Based on your search, we've compiled 6 Potential Opportunities for your consideration. Besides 2 Active listings in Herkimer, NY, we suggest exploring several alternatives: 4 properties in Nearby Cities

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Turnkey Waterville Investment Property
    $599,900
    2,112 SF

    Turnkey Waterville Investment Property

    Fully furnished Airbnb with eight units near multiple colleges.

    7373 Rt 20, Waterville, NY 13480
    View details
    Waterville Multifamily Investment Opportunity
    $599,900
    2,112 SF

    Waterville Multifamily Investment Opportunity

    Turnkey, fully furnished short-term rental property near multiple colleges.

    7373 Rt 20, Waterville, NY 13480
    View details
    Prattsville Townhouses with Mountain Views
    $1,450,000
    6,280 SF

    Prattsville Townhouses with Mountain Views

    Six townhouses on 1.92 acres near ski areas.

    15023 Route 23, Prattsville, NY 12468
    View details
    Prattsville Townhouses with Mountain Views
    $1,450,000
    6,280 SF

    Prattsville Townhouses with Mountain Views

    Six townhouses in Prattsville, NY, near ski areas and amenities.

    15023 Route 23, Prattsville, NY 12468
    View details

    Herkimer, NY Short Term Rental Properties Investment Opportunities Market Analysis

    Explore 2 short term rental properties for sale in Herkimer, NY on our real estate platform. These investment opportunities span a total of 11,688 square feet of properties for sale, with an estimated market value of $437,000.

    Sale prices for short term rental properties in Herkimer, NY start at $218,500, averaging $218,500, and reaching up to $218,500 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Operating Costs & Financing

    Average Loan-to-Value is 65.0%.

    Effective Property Tax $70.25 per sq ft
    Tax Rate 6.31%
    Avg Loan-to-Value 65.0%

    Property Size Breakdown

    Most commercial real estate listings in Herkimer range between 10,000 - 25,000 sqft.

    New Listings Trend, 12 Mo

    Number of new listings by month over the past year in Herkimer.

    Leading Commercial Asset Segments

    Apartment buildings 3
    Short term rental properties 3
    Duplexes 1

    Herkimer Demographics Overview

    Population 9,641
    Population Growth (5Y) -1.9%
    Median Household Income $62,548
    College Educated 28.7%

    Top Neighborhoods for Investment

    Discover the areas of Herkimer with the highest concentration of for-sale assets and compare their average market prices.

    Neighborhood Price Range Average Price
    13350 $218.5K - 1.8M $1M

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