Majestic Apartments is a fully occupied, 37-unit multifamily investment in the Village of Herkimer. Situated on approximately 1.50 acres, the distinctive three-story former Herkimer High School includes 22 one-bedroom and 15 two-bedroom apartments. Amenities include an elevator, on-site parking and income-generating coin-operated laundry on each floor. The on-site property manager has been with the property for more than 20 years, providing daily oversight, rent collection and prompt attention to maintenance needs. The property’s $500,000+ in capital improvements include a new roof and boilers in 2026, replacement windows, apartment renovations, parking lot paving and hallway painting. The unused auditorium and basement gym offer potential for an estimated 6–8 additional apartments or other uses, subject to feasibility and required approvals.