5571 State Rt 5

Herkimer, NY
$ 199,900 Beds 0 Baths 0 Sq 7,347 Virtual Tour
Monthly Estimate* How much can I afford?

Investor opportunity. This once thriving Motel is available now. The property is 20 room Motel with a single family home once owner occupied and operated. The property is in need of some major upgrades and renovations. The single family home has fire damage and needs entire gut and remodel. The 20 motel rooms need to be renovated and brought to code requirements per town of Herkimer. More details will be provided to qualified buyer.

Commercial

  • Price
  • $ 199,900
  • Lot Size
  • Bedrooms
  • 0
  • Sqr Footage
  • 7,347
  • Full Bathrooms
  • 0
  • Year Built
  • 1955
  • Half Bathrooms
  • 0
  • City, Zip
  • Herkimer
  • Taxes
  • $ 8889
  • County
  • HERKIMER
  • Style
  • Area
  • Herkimer
  • MLS#
  • S1307449
  • Zip
  • 13350
Listing Provided by: Delbert Ball with KELLER-WILLIAMS MOHAWK VALLEY
Data Source: Central New York Information Services (CNYIS) - 14- NY

Features

General

Elementary School District Herkimer
Heating Gas, Forced Air
High School District Herkimer
Levels One
Listing Agent State License 10401246417
Location Business District, Corner
MLS Area Herkimer-213089
Middle/Junior School District Herkimer
Property Type Commercial Sale
PropertyCondition Resale
Roof Asphalt
Special Listing Conditions Standard
Status Active
Stories 1
Terms Cash
Township Not Applicable
Virtual Tour https://www.propertypanorama.com/instaview/syr/S1307449
Zoning Com
Zoning Description Commercial

Interior Features

Heating Y/N Yes
Living Area 7347

Exterior Features

Lot Dimensions 412X295
Lot Size Units Acres
Number of Buildings 4
Total Parking 40

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Affordability Calculator

$2,869

Per Month

Based on the average sale price from the New Hartford, NY office

  • Monthly Principal & interest $1,740
  • Monthly Property Taxes $1,062
  • Monthly Home Insurance $67
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Let's determine your purchasing power. Working with my mortgage partner, you'll have the information you need to shop for a home with confidence.

Default based on a 30-year fixed rate of 2.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA, or jumbo loans.

Schools

Elementary School Unknown Elementary School
Middle School Unknown Middle School
High School Unknown High School

Price History

11/12/2020 Listed $250,000
6/26/2021 11% - $224,000
8/24/2021 11% - $199,900

Property vs Zip Code Average in 13350

Price
AVG $390K
$200K
Taxes
AVG $9,365
$8,889
Visits
AVG 32
40
Year Built
AVG 1946
1955
Walkscore
AVG 60
8
Data Provided by Walkscore ® not using MLS data

Map

5571 State Rt 5 Herkimer, NY is a Single Family Home for sale at $199900 with 7347 sqft and a lot size of Acre(s). 5571 State Rt 5 Herkimer has 0 bedrooms, 0 baths and was built in 1955. The property's zip code is 13350 which is in Herkimer, NY

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 2.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

All information deemed reliable, but not guaranteed, and should be independently verified. The real estate information and related content displayed on this site is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.