266 Second St, Ilion, NY 13357
Local realty services provided by:Team VP Real Estate
Listed by: delbert ball
Office: keller-williams mohawk valley
MLS#:S1680315
Source:NY_GENRIS
Price summary
- Price:$100,000
- Price per sq. ft.:$75.76
About this home
**Income-Producing Multi-Family — Now Available**
Smart investments do not always require a search across state lines. Sometimes, the ideal opportunity is nestled right in the heart of a charming Mohawk Valley village, waiting for a discerning buyer to seize the moment.
This well-maintained multi-family property offers two residential units — one spacious two-bedroom and one comfortable one-bedroom — delivering a combined three bedrooms and two bathrooms across approximately 1,320 square feet of functional living space. Both units are currently fully occupied with no long-term lease obligations, granting the new owner immediate rental income along with the flexibility to adjust terms as market conditions evolve.
The generous oversized lot is a standout feature, providing ample outdoor space that tenants genuinely appreciate and that distinguishes this property from comparable investments in the area. Dedicated parking further enhances the appeal for residents, while the basement offers valuable additional storage or utility space that adds practical functionality to the overall layout.
Recent improvements include a brand-new front porch and a newly constructed rear porch roof, demonstrating thoughtful maintenance that protects your investment for years to come. Each unit benefits from separate electric and heating systems, simplifying expense management and keeping operational costs transparent for the owner.
The centrally located setting delivers excellent walkability, with Ilion Park just minutes away on foot. Residents enjoy convenient access to Central Valley Academy, grocery shopping at nearby retailers, and recreational amenities including the Village of Ilion Marina along the scenic waterfront.
Whether you are building your first portfolio or expanding an established one, this property deserves your serious consideration. Schedule your private showing today....
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Home facts
- Year built:1890
- Listing ID #:S1680315
- Added:97 day(s) ago
- Updated:August 14, 2026 at 02:58 PM
Rooms and interior
- Bedrooms:3
- Total bathrooms:2
- Full bathrooms:2
- Flooring:Carpet, Varies, Vinyl
- Basement:Yes
- Basement Description:Full
- Living area:1,320 sq. ft.
Heating and cooling
- Heating:Baseboard, Electric
Structure and exterior
- Year built:1890
- Building area:1,320 sq. ft.
- Lot Features:Rectangular
- Construction Materials:Composite Siding
- Levels:2 Stories
Utilities
- Water:Connected, Public, Water Connected
- Sewer:Connected, Sewer Connected
Finances and disclosures
- Price:$100,000
- Price per sq. ft.:$75.76
- Tax amount:$3,150
Features and amenities
- Laundry features:Electric Water Heater
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