Turn-of-the-Century Portfolio Builder

This 1,774-square-foot residential property, originally constructed in 1900, is located at 189 E Clark St in the village of Ilion, New York (Zip Code 13357).

Positioned at an entry-level price point of $34,900, this two-story historic home presents a high-potential acquisition for real estate investors looking to execute a fix-and-flip strategy or build long-term cash flow within a rental portfolio.

The property features a spacious four-bedroom, two-bathroom footprint, a layout that offers excellent rental yield potential compared to smaller units in the Mohawk Valley region.

Having been built at the turn of the 20th century, the home features the traditional vertical proportions, deep rooms, and architectural volume typical of early-century New York builds. It stands as a blank canvas ready for a full interior renovation, system updates, and cosmetic trade work to bring it up to modern market standards.

The residence occupies a manageable 3,201-square-foot urban lot, which keeps ongoing exterior grounds maintenance and seasonal snow removal liability to a minimum.

Geographically, the property is situated in an established residential pocket of Ilion, providing tenants or future owners with quick, convenient transit access to local public schools, neighborhood shopping centers, municipal parks, and primary commuter highway routes connecting across Herkimer County.