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5261 E Seneca Street

Vernon, NY 13461
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Bed 10

Bed

Bath 8

Bath

SqFt4,312

Sqft

Acres0.07

Acre(Lot)

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, c lose to major roadways, shopping, dining, and area amenities. Excellent opportunity for investors seeking a value-add multifamily project in a desirable location.

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Detail Ic Property Details

Property Type : Residential Income

Price : $150,000

AD Id : 90033752

MLS Id : 202624720

Beds : 10

Lot Size : 0.07 Acre

Living Area Size : 4,312

Year Built : 1950

County : Oneida

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Map

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Feature Features

  • Bedroom Information

    Total beds: 10

    Bathroom Information

    Total Baths: 8 Full Baths: 8

    Room Information

    Basement: Crawl Space
  • Roofing Information

    Metal
  • Interior Features

    Roof: Metal
  • Heating & Cooling

    Has Heating: Yes Heating: Electric, Radiant, Natural Gas Cooling: None

  • Building Information

    Year Built: 1950 Construction Materials: Vinyl Siding, Wood Siding Private Pool: No
  • Exterior Features

    Exterior Features: None

  • Lot Information

    Main Square Feet: 0.07 Acres Lot Size Acres: 0.07 Lot Size Square Feet: 3049.2

  • Listing Price Information

    Listing Price: $150000

  • Tax Information

    Parcel Number: 306003 323.016-1-60 Tax Lot: 60 Tax Block: 1 Annual Tax: $3800

  • Utility Information

    Sewer Connected
  • Location Information

    Direction: Take the appropriate exit toward NY-5 / NY-12 / Vernon. Continue toward Vernon and follow E Seneca Street into the village. 5261 E Seneca St is near the center of Vernon, close to Verona Street. WaterSource: Public
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ByOwner last updated this listing 08/28/2026 @ 17:52

MLS: 202624720 LISTED BY: Samantha Curry, New Scotland Realty 518-964-2066 SOURCE: Global MLS

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