4321 Acme Road, Frankfort, NY 13357

• 18,225 sqft

Property Description

Exceptional 14-unit investment opportunity in Frankfort, NY. This well-maintained complex offers consistent rental income and low operating expenses. With reliable tenants and only one current vacancy as the apartment is being updated, this property provides stable cash flow in the heart of the Mohawk Valley. The average tenant longevity is approximately 6½ years, reflecting tenant satisfaction and property stability. Each unit features its own washer and dryer hookup, as well as a furnace, central air conditioning, electrical meter, and panel box. Tenants are responsible for their own gas and electric usage. A house meter serves the common area and the basement. The basement spans the full length of the building and is primarily constructed of poured walls. 13 units are two bedrooms. 1 unit is a one-bedroom. Most units (12 of 14) feature front and back porches, offering added tenant appeal. There is ample parking available for both renters and visitors, ensuring convenience and ease of access. There is additional land for future expansion to build additional units.

Listing Status:

Active

Date Added:

October 10, 2025 at 05:00AM

Listing Office:

Coldwell Banker Faith Properties : 315-735-2222

Listing Agent:

Lynn Boucher : 315-271-3482

MLS ID:

S1644052

Interior

• Basement: Full
• A/C: Central Air
• Heating: GasForced Air
• Fireplace: Fireplaces: 0

Exterior

• Parking: On SiteParking spaces: 25

Construction

• Roofing: AsphaltMetal
• General: 2

Location

• Originating MLS: NYS_MV
• School District: Frankfort-Schuyler
• County: Herkimer

Lot

• Zoning: R212689-119-027-0001-003-000-0000

Utilities

• Utilities: Electricity ConnectedSewer Connected
• Sewer: Public Sewer

Financial

• Source: NYS_MV

This listing courtesy of Lynn Boucher, Coldwell Banker Faith Properties