Unlock the potential of this income-producing 4-unit investment property located in a highly visible and convenient location. Featuring a desirable unit mix of one 2-bedroom apartment and three 1-bedroom apartments, this property offers multiple streams of rental income and strong appeal to a wide range of tenants.
The spacious first-floor unit provides comfortable living space, while the three upper-level apartments maximize earning potential. Upstairs tenants pay their own electric, helping reduce operating expenses and improve your bottom line. The downstairs units utilize combined gas and electric service.
Situated on a generous lot with ample off-street parking, this property offers the convenience tenants are looking for while providing investors with a solid asset in an established location. Close to shopping, dining, schools, and everyday amenities, the property benefits from continued rental demand and easy accessibility.
Whether you’re a seasoned investor looking to expand your portfolio or a buyer seeking a multi-family property with immediate income potential, 51 East Main Street presents an outstanding opportunity. With four rental units under one roof, strong cash-flow possibilities, and long-term appreciation potential, this is an investment worth adding to your portfolio.
The spacious first-floor unit provides comfortable living space, while the three upper-level apartments maximize earning potential. Upstairs tenants pay their own electric, helping reduce operating expenses and improve your bottom line. The downstairs units utilize combined gas and electric service.
Situated on a generous lot with ample off-street parking, this property offers the convenience tenants are looking for while providing investors with a solid asset in an established location. Close to shopping, dining, schools, and everyday amenities, the property benefits from continued rental demand and easy accessibility.
Whether you’re a seasoned investor looking to expand your portfolio or a buyer seeking a multi-family property with immediate income potential, 51 East Main Street presents an outstanding opportunity. With four rental units under one roof, strong cash-flow possibilities, and long-term appreciation potential, this is an investment worth adding to your portfolio.
Property Details
Price:
$264,000
MLS #:
S1692932
Status:
Pending
Beds:
5
Baths:
4
Type:
Multi Family
Subtype:
MultiFamily
Neighborhood:
mohawkvillage212803
Listed Date:
Jun 22, 2026
Finished Sq Ft:
5,559
Total Sq Ft:
5,559
Lot Size:
9,200 sqft / 0.21 acres (approx)
Year Built:
1900
Units:
4
See this Listing
Schools
School District:
Central Valley
Interior
Appliances
Electric Water Heater
Bathrooms
4 Full Bathrooms
Flooring
Carpet, Tile, Varies, Vinyl
Heating
Gas, Electric, Forced Air
Levels
Two
Exterior
Architectural Style
Fourplex
Construction Materials
Vinyl Siding
Lot Features
Irregular Lot, Residential Lot
Parking Features
Common
Stories
2
Financial
Taxes
$10,384
Map
Community
- Address51 East Main Street German Flatts NY
- CityGerman Flatts
- CountyHerkimer
- Zip Code13407
Subdivisions in German Flatts
Market Summary
Current real estate data for Multi Family in German Flatts as of Aug 29, 2026
5
Multi Family Listed
80
Avg DOM
38
Avg $ / SqFt
$131,680
Avg List Price
Property Summary
- 51 East Main Street German Flatts NY is a Multi Family for sale in German Flatts, NY, 13407. It is listed for $264,000
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Courtesy of River Hills Properties LLC Lf. 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. 51 East Main Street
German Flatts, NY

