Description
**CASH COW DUPLEX** Real Estate has always been a fantastic investment... here's the next lucrative opportunity to start earning Passive Income right away. Primely located in the village of Ilion - a short commute to downtown stores, amenities, 5s, and thruway access. 15 minute drive to Utica and 1 hour drive to Syracuse or Albany. This duplex has solid bones and has been thoughtfully updated to maximize value: New pex & pvc plumbing, updated electrical, 2 brand-new hot water heaters, newly remodeled bathrooms in both units, new electric baseboard heat added upstairs, new appliances, new flooring & fresh paint throughout both units, along with landscaping work, garage & driveway repair, and sunroom remodel in the downstairs unit. There is on-site laundry utilized by both tenants as well as 2 driveways and a shared garage space. The utilities are a split service - 2 separate electric meters, natural gas heat for 1st floor unit & electric baseboards for the 2nd floor while water for both is currently paid by the landlord. Total monthly rent is $2250, that's $27,000 a year! This two family home is an income producing powerhouse and ready for it's new owner to step in and start making money the day after closing. Schedule a showing before its gone!
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4BEDS
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0.11ACRES
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2BATHS
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01/2 BATHS
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2,440SQFT
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$66$/SQFT
Description
**CASH COW DUPLEX** Real Estate has always been a fantastic investment... here's the next lucrative opportunity to start earning Passive Income right away. Primely located in the village of Ilion - a short commute to downtown stores, amenities, 5s, and thruway access. 15 minute drive to Utica and 1 hour drive to Syracuse or Albany. This duplex has solid bones and has been thoughtfully updated to maximize value: New pex & pvc plumbing, updated electrical, 2 brand-new hot water heaters, newly remodeled bathrooms in both units, new electric baseboard heat added upstairs, new appliances, new flooring & fresh paint throughout both units, along with landscaping work, garage & driveway repair, and sunroom remodel in the downstairs unit. There is on-site laundry utilized by both tenants as well as 2 driveways and a shared garage space. The utilities are a split service - 2 separate electric meters, natural gas heat for 1st floor unit & electric baseboards for the 2nd floor while water for both is currently paid by the landlord. Total monthly rent is $2250, that's $27,000 a year! This two family home is an income producing powerhouse and ready for it's new owner to step in and start making money the day after closing. Schedule a showing before its gone!
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Listing information © 2026 CNYIS, GENRIS, WNYREIS. Listing provided by Luke Sterling of Hunt Real Estate ERA : .