This wonderful investment property located in Ilion, NY, offers a unique opportunity for buyers looking for a blend of character and cash flow. The home, built in 1889, showcases an old-style architectural design that exudes historic charm. With 1,344 square feet of living space, it boasts four spacious bedrooms and a single bathroom, making it ideal for families or tenants seeking comfort and convenience. Situated on a generous 1.1-acre lot, this property offers room for outdoor activities and potential landscaping. The home operates on a drilled well and a septic tank, ensuring self-sufficiency and reduced utility costs. One of the standout features is the current tenancy; reliable tenants are already residing in the property and are keen to remain, which provides immediate cash flow for the new owner. The location in Ilion is attractive, with low property taxes enhancing the investment appeal. This home not only embodies historical significance but also presents an excellent opportunity for generating passive income. The seller is eager to make a deal, making this an opportune time for potential investors to jump on this promising property. Whether you are an experienced investor or new to the real estate market, this property comes with the added advantage of established tenants and a solid cash flow, making it a compelling investment choice. Don’t miss out on the chance to own this delightful home with both historic value and modern investment potential.
Property Details
Price:
$45,000
MLS #:
S1618837
Status:
Pending
Beds:
4
Baths:
1
Type:
Single Family
Subtype:
SingleFamilyResidence
Neighborhood:
germanflatts212889
Listed Date:
Jul 6, 2025
Finished Sq Ft:
1,344
Total Sq Ft:
1,344
Lot Size:
47,916 sqft / 1.10 acres (approx)
Year Built:
1889
See this Listing
Schools
School District:
Central Valley
Interior
Appliances
Exhaust Fan, Gas Cooktop, Gas Oven, Gas Range, Gas Water Heater, Range Hood
Bathrooms
1 Full Bathroom
Flooring
Other, See Remarks
Heating
Oil, Forced Air
Laundry Features
Main Level
Exterior
Architectural Style
Historic Antique
Construction Materials
Vinyl Siding
Exterior Features
Dirt Driveway
Parking Features
No Garage
Financial
Taxes
$2,094
Map
Community
- Address1451 Elizabethtown Road German Flatts NY
- CityGerman Flatts
- CountyHerkimer
- Zip Code13357
Subdivisions in German Flatts
Market Summary
Current real estate data for Single Family in German Flatts as of Feb 06, 2026
44
Single Family Listed
133
Avg DOM
97
Avg $ / SqFt
$138,545
Avg List Price
Property Summary
- 1451 Elizabethtown Road German Flatts NY is a Single Family for sale in German Flatts, NY, 13357. It is listed for $45,000 and features 4 beds, 1 baths, and has approximately 1,344 square feet of living space, and was originally constructed in 1889. The current price per square foot is $33. The average price per square foot for Single Family listings in German Flatts is $97. The average listing price for Single Family in German Flatts is $138,545.
Similar Listings Nearby
Courtesy of River Hills Properties LLC Ut. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the New York State Alliance of MLSs. Detailed information about real estate listings held by brokerage firms other than Michael Paduano include the name of the listing broker. Neither the listing company nor Michael Paduano shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2026. New York State Alliance of MLSs. All rights reserved. 1451 Elizabethtown Road
German Flatts, NY

