$100,000
Sherrill, NY 13461
MLS# 202624720
10 beds
1 / 2
Property Description
Exceptional investment opportunity in the heart of Sherrill, NY! This 8-unit multifamily property is being offered AS-IS and presents significant upside for an investor or owner looking to complete a full renovation and reposition the asset. The property currently consists of two 2-bedroom/1-bath units, four 1-bedroom/1-bath units, and two studio units. Three units are currently occupied, with the remaining units vacant, providing an opportunity to renovate and lease units as improvements are completed. With a substantial renovation, the property offers the potential for significant value appreciation and increased rental income with a 17%+ cap rate and a 40% cash on cash return. Conveniently located just 7 minutes from Turning Stone Resort Casino, and 9 minutes from Vernon Downs Racino, close to major roadways, shopping, dining, and area amenities. Excellent opportunity for investors seeking a value-add multifamily project in a desirable location.
Details
Maps
Documents
Contract Information
Status: Active
Property Sub Type: Multi Family
Original List Price: 150000
List Price: $100,000
Current Price: $100,000
Listing Contract Date: 2026-08-25
List Price/SqFt: 23.19
Location
Street Number: 5261
Street Direction Prefix: E
Street Name: Seneca
Street Suffix: Street
County: Oneida
State/Province: NY
Postal Code: 13461
City/Town (Mail): Vernon
Geo Lat: 43.079845
Geo Lon: -75.539159
Property Detail
Number Of Units Total: 8
Rooms Total: 18
Bedrooms Total: 10
Bathrooms Full: 8
Year Built: 1950
Above Grade Finished Area: 4312
Above Grade Finished Area Source: CRS
Below Grade Finished Area Source: CRS
Living Area: 4312
Zoning: Commercial
Lot Size Acres: 0.07
Waterfront Y/N: No
Enhanced Accessible Y/N: No
Parking Y/N: No
Bath Levels
Full Bath 1: 1st
Full Bath 2: 1st
Full Bath 3: 1st
Full Bath 4: 1st
Full Bath 5: 2nd
Full Bath 6: 2nd
Full Bath 7: 2nd
Full Bath 8: 2nd
Photos - the contractual owner of the photos
Photo Owner: Broker
Multi-Family Unit 1 Detail
Unit Location MF Unit 1: 1
Total Rooms MF Unit 1: 3
Total Bedrooms MF Unit 1: 2
Total Full Baths MF Unit 1: 1
Multi-Family Unit 2 Detail
Unit Location MF Unit 2: 1
Total Rooms MF Unit 2: 3
Total Bedrooms MF Unit 2: 2
Total Full Baths MF Unit 2: 1
Multi-Family Unit 3 Detail
Unit Location MF Unit 3: 1
Total Rooms MF Unit 3: 2
Total Bedrooms MF Unit 3: 1
Total Full Baths MF Unit 3: 1
Multi-Family Unit 4 Detail
Unit Location MF Unit 4: 1
Total Rooms MF Unit 4: 2
Total Bedrooms MF Unit 4: 1
Total Full Baths MF Unit 4: 1
Multi-Family Unit 5 Detail
Unit Location MF Unit 5: 2
Total Rooms MF Unit 5: 2
Total Bedrooms MF Unit 5: 1
Total Full Baths MF Unit 5: 1
Multi-Family Unit 6 Detail
Unit Location MF Unit 6: 2
Total Rooms MF Unit 6: 2
Total Bedrooms MF Unit 6: 1
Total Full Baths MF Unit 6: 1
Multi-Family Unit 7 Detail
Unit Location MF Unit 7: 2
Total Rooms MF Unit 7: 2
Total Bedrooms MF Unit 7: 1
Total Full Baths MF Unit 7: 1
Multi-Family Unit 8 Detail
Unit Location MF Unit 8: 2
Total Rooms MF Unit 8: 2
Total Bedrooms MF Unit 8: 1
Total Full Baths MF Unit 8: 1
Status Change Info
Status Change Date: 2026-08-25
Property Features
Architectural Style: Apartment 4 Plus Unit
Basement: Crawl Space
Construction Materials: Vinyl Siding; Wood Siding
Cooling: None
Exterior Features: None
Heating: Electric; Natural Gas; Radiant
Possession: At Closing
Roof: Metal
Separate Utilities: Other
Sewer: Public Sewer
Showing Requirements: 24 Hour Notice
Special Listing Conditions: Standard
Water Source: Public
LBP Disclosure 
Listing Courtesy of New Scotland Realty
Listing Agent: Samantha M Curry
603-209-1976 | Samantha@newscotlanddev.com
603-209-1976 | Samantha@newscotlanddev.com
