Investment Opportunity REAL ESTATE AUCTION

38 Morgan St. Ilion, NY 13357 (V) Ilion (T) German Flatts (C) Herkimer

Saturday January 28 at 11 AM * Preview Begins at 10 AM

For Kathleen Applegate & James Franchi

Directions: From the center of Ilion, NY at E. Clarke St. & Otsego St.: GO South on Otsego St. (.2) miles to RIGHT on 1st St. Go (.1) miles to LEFT on Morgan. Signs posted.

Real Estate Open House: Tues. Jan. 24 from (4-5:30); 1 hour before auction. Walk the lot at your convenience. Call Steve at 607.423.3293. Offers entertained before auction.Business PlaqueReal Estate: A structurally sound office professional building currently set up as a law office on the 1st floor w/ a (3) BR apartment on the 2nd story. Total of 3,893 SQFT w/ separate heat/ separate electric/ separate hot water w/ MUNICIPAL ELECTRIC! Upstairs apartment 1,200 +/- SQFT is immaculate w/ 3 BR; LR; DR; Kitchen; laundry; 1 full bath w/ huge hallway; carpeted w/ separate entrance! Apartment has been very well kept over the years. Also has a 2 car detached garage on a 62’ x 90’ Lot w/152’ of Road Frontage (corner lot) located in the Village of Ilion!

A nicely located and zoned OFFICE PROFESIONAL property here with potential to be almost any kind of office business or multi-family in the Central Valley School District; Numerous possibilities.

Fireplace Front Porch

PROFESSIONAL LAW OFFICE AREA: APROXIMATELY 2,700 +/- SQFT w/ Victorian style front porch & entrance w/ beautiful mission oak style trim and mantle woodworking w/ carvings throughout. Sells w/ (5) HUGE separate office rooms, closets, reception area, concessions area, (2) tiled bathrooms, central air conditioning, bay windows, fireplace, acoustic style tiled office ceilings w/ lighting throughout, Library room, forced air heat. Very nice paneling throughout.

3BR APARTMENT: Upstairs apartment 1,200 +/- SQFT w/ 3 BR; LR; DR; Kitchen; laundry; 1 full bath w/ huge hallway; carpeted w/ separate entrance! Tiled bathroom, linen closets, Maytag dishwasher, dbl SS sink, elec. stove, very tall ceilings, custom antique maple kitchen cabinets, closets, separate storage room, Hot water registers for heat.

BASEMENT: concrete floor, stone walls, (3) elec. meters, Gas forced air furnace runs the law office area, Hot water gas boiler runs the apartment, (2) gas meters, work area and lots of storage, outdoor entry door casing.

GARAGE: Detached 20’ x 20’ w/ 2 overhead doors, above storage, elec., & gutters.

Sells w/ (3) 100 amp electric breakers, paved drive w/ parking spaces, mostly brick siding, carrier central air conditioning unit outside, shingled roof & proper gutter systems. The upstairs is rented out to reliable tenant.


Tax map #: (119.44-4-34)
built 1900+/-, 3,893 +/- total SQFTLA
total assessed @ $123,457
property class= converted res.
ZONING: OP office professional
Central Valley Schools
Village of Ilion 2016 taxes paid by seller: School: $2,193.26 County/Town: $1,148.14 Village: $2,571.10 TOTAL 2016 TAXES: $5,912.50
Standard Real Estate Auction Terms: 10% Buyer’s Premium added to final bid to equal the Total Purchase Price. 20% down on day of auction, with the remainder due at closing within 45 days. Time is of the essence. Bargain and Sale Deed. Property sells “As Is, Where Is”. All statements at auction take precedence over printed material. Real estate to be sold free & clear with NO liens, NO back mortgages & NO back taxes owed(taxes prorated at the time of closing)! Auctioneer agency represent s only the sellers. Lead paint may exist.

SDZ Auctions Note: An outstanding opportunity to buy Real Estate in Ilion, NY! INVEST IN REAL ESTATE! Come and bid your price the AUCTION WAY! Utica/Ilion/Herkimer, NY auction, Utica/Ilion/Herkimer, NY auctioneers, Herkimer/ Oneida County real estate auctions, Herkimer/ Oneida county auctions, Herkimer/ Oneida county auctioneers, NY state auctioneers, Leather stocking region, NY auctioneers, Utica/Ilion/Herkimer, NY estate auction, Utica/Ilion/Herkimer, NY estate auctioneers, Herkimer/ Oneida county estate auctioneers.

SDZ Auction Co. is a full service real estate auction company serving all of NY & North East PA.

The event is finished.


Jan 28 2017


All Day


38 Morgan St. Ilion, NY 13357
38 Morgan St. Ilion, NY 13357