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49 Center Street

Oneonta-City, NY 13820
  • $425,000
  • STATUS: Active
  • ON SITE: 125 Days
  • MLS #: R1504758
UPDATED: 57 min ago
$425,000
  • 5
    BEDS
  • 0.51
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 5,457
    SQFT
  • $78
    $/SQFT
Neighborhood:
Type:
Commercial
Built:
1880
County:

School Ratings & Info

School District:

Description

Are you looking for a solid investment with strong cash flow and an appealing cap rate? Look no further than this five-unit property (7 bedroom, 5 bathroom), situated on a large half acre lot just a short walk from Main Street, and Oneonta area college campuses (SUNY & Hartwick). This property features three one-bedroom apartments, one two-bedroom apartment, and one three-bedroom apartment. All units have separate utilities and are easy to rent. The property has been well-maintained and updated with a new roof and deck, as well as many interior renovations that kept historical details intact. Additional updates include new roof, separate gas heating units, and newer appliances. The property generates over $55,000+ in gross revenue and over $39,000 in net profit per year. There is also a common washer and dryer for the tenant's convenience. Location is perfect, making it easy to fill vacancies in a timely manner.

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©2024 CNYIS, GENRIS, WNYREIS. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither the listing broker(s) nor MyTown Realty shall be responsible for any typographical errors, misinformation, misprints, and shall be held totally harmless.

The data relating to real estate on this web site comes in part from the Internet Data Exchange (IDX) Program of NYSAMLS’s. Real estate listings held by firms other than MyTown Realty are marked with the IDX logo and detailed information about them includes the Listing Broker’s Firm Name. Data last updated: 2024-02-22T09:14:16.147.
www.mytowncny.com/homes/144521150
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49 Center Street Oneonta-City, NY 13820

  • Price: $425,000
  • Status: Active
  • On Site: 125 Days
  • Updated: 57 min ago
  • MLS #: R1504758
5
Beds
0
Baths
0
½ Baths
0.51
Acres
5,457
SQFT
$78
$/SQFT
1880
Built
Neighborhood:
Oneonta-City-361200
County:
Otsego
Area:
Oneonta-City-361200
School District:
Oneonta
Property Description
Are you looking for a solid investment with strong cash flow and an appealing cap rate? Look no further than this five-unit property (7 bedroom, 5 bathroom), situated on a large half acre lot just a short walk from Main Street, and Oneonta area college campuses (SUNY & Hartwick). This property features three one-bedroom apartments, one two-bedroom apartment, and one three-bedroom apartment. All units have separate utilities and are easy to rent. The property has been well-maintained and updated with a new roof and deck, as well as many interior renovations that kept historical details intact. Additional updates include new roof, separate gas heating units, and newer appliances. The property generates over $55,000+ in gross revenue and over $39,000 in net profit per year. There is also a common washer and dryer for the tenant's convenience. Location is perfect, making it easy to fill vacancies in a timely manner.
Exterior Features

Construction Materials Wood Siding Exterior Features Deck Private Yard See Remarks Garage YN No Parking Features None No Driveway No Garage Patio And Porch Features Deck Roof Asphalt Membrane Metal Rubber Waterfront YN No

Interior Features

Appliances Electric Oven Electric Range Gas Water Heater Refrigerator Basement Exterior Entry Full Walk Up Access Basement YN Yes Fireplace YN No Fireplaces Total 0 Flooring Hardwood Varies Vinyl Heating Gas Wall Furnace Heating YN Yes Laundry Features Common Area Coinoperated Living Area 5457

Property Features

Community Features Laundry Facilities Gross Income 56400 Listing Terms Cash Possession Close Of Escrow Subject To Tenant Rights Property Condition Resale Property Sub Type Other Rent Includes Snow Removal Trash Collection Water Sewer Connected Community Coop Sewer Special Listing Conditions Standard Tax Annual Amount 7811 Utilities High Speed Internet Available Sewer Connected Water Connected Water Source Connected Public Year Built Details Existing

Greater Rochester Association of Realtors logo Listing information © 2024 CNYIS, GENRIS, WNYREIS. Listing provided by Benjamin Holscher of Keller Williams Upstate NY Properties : 607-376-7509.
©2024 CNYIS, GENRIS, WNYREIS. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither the listing broker(s) nor MyTown Realty shall be responsible for any typographical errors, misinformation, misprints, and shall be held totally harmless.

The data relating to real estate on this web site comes in part from the Internet Data Exchange (IDX) Program of NYSAMLS’s. Real estate listings held by firms other than MyTown Realty are marked with the IDX logo and detailed information about them includes the Listing Broker’s Firm Name. Data last updated: 2024-02-22T09:14:16.147.
 
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