408 Kernan Avenue

Frankfort, NY 13340

$67,500
Price
6
Beds
2
Baths
2,925 Sq. Ft.
$23 / Sq. Ft.
2,925
Sq. Ft.
$23
per Sq. Ft.

Description

Unlock the potential of this vacant duplex at 408 Kernan Ave, Frankfort, using the BRRRR method! This property is ready for you to step in and renovate. With two spacious units, each featuring 3 bedrooms and nearly 1,500 square feet, you can maximize rental income after improvements. Once renovated, refinance to pull out your investment and build equity. The detached garage and nice backyard patio add value and appeal. This is a prime opportunity for savvy investors looking to create a cash-flowing...Unlock the potential of this vacant duplex at 408 Kernan Ave, Frankfort, using the BRRRR method! This property is ready for you to step in and renovate. With two spacious units, each featuring 3 bedrooms and nearly 1,500 square feet, you can maximize rental income after improvements. Once renovated, refinance to pull out your investment and build equity. The detached garage and nice backyard patio add value and appeal. This is a prime opportunity for savvy investors looking to create a cash-flowing asset! Assignment of contract. 10% down payment as EMD, cash only sale as is, hard money is available.
  1. Listed by Angela Gonyo • Wolf River Real Estate, LLC

Property Details for 408 Kernan Avenue

Architectural Style
Traditional
Waterfront
No
Parking Total
3.00
LISTING UPDATED: 11/06/2024 12:15 PM

Property Details for 408 Kernan Avenue

StatusActive
MLS #202426878
Days on Market34
Taxes$1,334 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti Family / Duplex
Year Built1900
Lot Size0.13 AC / 5,662 SF
CountyHerkimer County

Building Information for 408 Kernan Avenue

Stories-Residences-Year Built1900Building Size-Lot Size0.13 AC / 5,662 SF

Property Information for 408 Kernan Avenue

Summary
Location and General Information
  • Postal City: Frankfort
  • Directions: From Albany, take I-87 N to I-90 W. Merge onto I-88 W and continue to NY-5 S. Take exit 25 for NY-28 N toward Herkimer. Follow NY-28 N to Kernan Ave. Turn left onto Kernan Ave; 408 will be on your right. Safe travels!
  • City: Frankfort
  • State Or Province: NY
  • Postal Code: 13340
  • County Or Parish: Herkimer
  • Latitude: 43.03
  • Longitude: -75.07
Taxes and HOA
  • Association Fee: $.00
  • Association: No
  • Tax Lot: 42.000
  • Tax Block: 5
  • Parcel Number: 212689 112.82-5-42
  • Tax Tract: 112.82
  • Tax Annual Amount: $1,333.77
Parking
  • GarageSpaces: 1.00
  • Attached Garage: No
  • Parking Features: Detached, Driveway, Garage
School Information
  • School District: Frankfort-Schuyler
Property
Property and Assessments
  • Possession: At Closing
  • Property Type: MultiFamily
  • Property Type Label: MultiFamily
Lot Information
  • Lot Features: Other
  • Year Built: 1900
  • Above Grade Finished Area: 2925.0
  • Above Grade Finished Area Source: Public Records
  • Below Grade Finished Area: 0.0
  • Below Grade Finished Area Source: Public Records
  • Lot Size Acres: 0.13
  • Lot Size Area: 0.13
  • Lot Size Units: Acres
  • Lot Size Square Feet: 5662.8
Building Information
  • Living Area: 2925.0
Utilities
  • Water Source: Other
Interior and Exterior Features
Exterior Features
  • Exterior Features: None
Interior Features
  • Heating: Other
  • Basement: Full
  • Construction Materials: Other
  • Heating: Yes
Room Information
Bathrooms
  • Bathrooms Total Integer: 2
  • Bathrooms Total Decimal: 2.00
  • Bathrooms Total Notational: 2.00
  • Bedrooms Total: 6
  • Bathrooms Full: 2
  • Bathrooms Half: 0
Unit Information
Unit 1
  • Unit Detail : Total Bedrooms: 3
  • Unit Detail : Bedrooms on 1st Floor: 3
  • Unit Detail : Full Baths 1st Floor: 1
  • Unit Detail : Dining Rooms 1st Floor: 1
  • Unit Detail : Living Rooms 1st Floor: 1
Unit 2
  • Unit Detail : Total Bedrooms: 3
  • Unit Detail : Bedrooms on 2nd Floor: 3
  • Unit Detail : Full Baths 2nd Floor: 1
  • Unit Detail : Dining Rooms 2nd Floor: 1
  • Unit Detail : Kitchens 2nd Floor: 1
  • Unit Detail : Living Rooms 2nd Floor: 1

Property History for 408 Kernan Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 408 Kernan Avenue

Taxable ValueLand$5,700Additions$1,000Total$6,700
Tax Record2020$338 ($28 / month)
Home Facts
Beds0Lot Size5,500 SqFtStyleMiscellaneous ResidentialZoningRCountyHERKIMERAPN212689 112.82-5-43

Schools near 408 Kernan Avenue

This home is within Frankfort-Schuyler Central School District.
Rating
School
Type
Grades
Distance
Public - PK to 6
Public - 6 to 8
Public - 9 to 12
Rating
School
Distance
Frankfort Schuyler Elementary School
PublicPK to 6

Frankfort Schuyler Middle School
Public6 to 8

Frankfort Schuyler Central High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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408 Kernan Avenue is a multi-family home for sale in Frankfort, NY 13340. This property was listed for sale on October 4, 2024 by Wolf River Real Estate, LLC, it's currently listed at $67,500. This listing's school district is Frankfort-Schuyler Central School District. Nearby schools include Frankfort Schuyler Elementary School, Frankfort Schuyler Middle School and Frankfort Schuyler Central High School. 408 Kernan Avenue is a 6-bed, 2-bath, 2,925 sqft multi-family home built in 1900.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Wolf River Real Estate, LLC

Based on information from one of the following Multiple Listing Services: WNYREIS and Greater Binghamton Association of REALTORS. Information being provided is for the visitor's personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by WNYREIS and Greater Binghamton Association of REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.