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Three apartments in one city-center Oneonta home! A great opportunity to secure your financial future as an owner-occupied home with two rental units, or rent out all three units and enjoy a passive flow of income! Certificate of Compliance in place until 2023. Apt 4: 3 bedroom 1 bathroom apartment on the main floor is updated throughout. A spacious living room, laundry in the unit, an updated & spacious kitchen with dishwasher, wood floors, and 3 large bedrooms make this a terrific place to call home. This apartment is vacant and will remain so while on the market. Seller rented this apartment for $2,100/month to 3 individuals who each paid $700/month. Updates and improvements: New hot water heater, new toilet, new shower surround, shower head, new dishwasher. Sold partly furnished.Apt 4 1/2: The upstairs 2 bedroom, 1 bathroom apartment is sun-drenched, has wood floors, and large bedrooms, a spacious kitchen and bathroom. Two exterior access points - one exterior staircase and one interior staircase - make it easy to get inside regardless of the weather. Currently rents for $1,400 per month. Upgrades and improvements: Renovated bathroom and freshly painted. Apt 4B: The downstairs apartment has 1 bedroom, 1 bathroom and a cozy feel with carpet in the living room and bedroom. Currently rents for $725 per month with a 2 year lease to a long-term tenant and includes use of the storage shed. Updates and improvements: New hot water heater.The property is in a location that is minutes from Main Street, and less than a mile from both SUNY Oneonta and Hartwick College. Tenants share use of a large exterior back deck and enjoy off-street parking with space for 6 cars. Owner pays heat for all units, garbage removal, exterior maintenance, water & sewer, taxes, and insurance. Tenants pay electric, hot water, and cable/internet. Invest in your financial future today with this three-unit rental home!
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$3,750,000
3
3
2,376 Sq ft
PENDING CONTINUE TO SHOW
MLS# 20223456

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Listing information provided courtesy of the Otsego-Delaware Board of Realtors. IDX Information is provided exclusively for consumers' personal, non-commercial use, and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable, but is not guaranteed accurate by the MLS. Updated: 30th March, 2023 7:15 AM (UTC)
Listing Agent: Tim Mullinnex
Listing Office: Keller Williams Upstate NY Properties