Please stand by.
USDAProperties.com is almost done...

 

 

 

$225,000   Price Analysis
USDAProperties Agent Contact Page  Agent Details  share icon     map icon  QR
7 Spring St
Oneonta, NY 13820
8 bed 3 bath 1,794 SqFt ($125/SqFt)
6,098SqFt lot. Built 1920
Listed 2024-01-30, Taxes $3,705
USDA Eligible
near Oneonta, NY
 

Great oppor tunity to own two investment properties with exceptional rental history.

* Sale Pending *

Yearly income $45, 600. The Main house (7 Spring St) has two apartments. Downstairs apartment is a 3 bedroom, 1 bath with laundry. Upstairs apt is a two bedroom 1 bath with laundry. Each apartment has Hardwood flooring, updated kitchens and baths. One furnace and two electric meters. Apartments are leased through May 25 2024.

7 Spring St downstairs $1650/month includes utilities. Upstairs rent $1100/month includes utilities. The bonus cottage rental, #9 Spring St, is located behind 7 Spring St. Leased through May 25, 2024 for $1200/month includes utilities. The Cottage has 2 bedrooms, 1 bath with bonus living room upstairs, updated kitchen and baths, laundry and front porch. Off street parking, close to bus stop and downtown. Give me a call today for mre details.


Presented by Cricket (Christine) Keto at
Oneonta Realty, LLC.
Listing Agent Photo

Property MLS #R1518078 from OtsegoDelaware

Bedrooms: 8

Total Rooms: 18
Bedrooms in unit 1: 3
Full bathrooms in unit 1: 1
Rooms in unit 1: 6
Bedrooms in unit 2: 2
Full bathrooms in unit 2: 1
Rooms in unit 2: 6
Bedrooms in unit 3: 3
Full bathrooms in unit 3: 1
Rooms in unit 3: 6
Basement Description: Full

Total Bathrooms: 3.00
Full Bathrooms: 3

Heating Fuel: Gas
Water Heaters: Electric
Steam

Flooring: Vinyl-Some, Wall To Wall Carpet-Some, Wood-Some

Frontage Type: 54

Lot Description: Neighborhood Street
Lot Size Acres: 0.14
Lot Size Square Feet: 6098

Driveway: Parking Driveway: 2 or More Spaces

Association: No
Calculated Total Monthly Association Fees: 0

Gross Income: 45600
Rent Includes: Electric, Heat, Hot Water, Refuse Removal, Snow Removal, Water

Number of Units: 3

School District: Oneonta

Oneonta Senior High School is a public high school located approximately 1.3 miles away.
directions icon Map directions

Lighthouse Christian Academy is a private elementary, middle and high school located approximately 0.2 miles away.
directions icon Map directions

Riverside Elementary School is a public elementary school located approximately 0.7 miles away.
directions icon Map directions

Oneonta Middle School is a public middle school located approximately 1.3 miles away.
directions icon Map directions

Annual Tax Amount: 5893
Source Listing Status: U-Under Contract
County: Otsego
Directions: Main St to Chestnut St then right onto Spring St. House is on the right.
Source Property Type: Multi-Family Res (2-4) units
Area: Oneonta-City-361200
Source Neighborhood: Oneonta-City-361200
Number of Separate Electric Meters: 3
Number of Separate Gas Meters: 1
Lot Number: 25
Source System Name: C2C

YearAssessments
Building + Land
Total
Tax
2023$90,200 + $14,800
$105,000
$3,705
2022$90,200 + $14,800
$105,000
$3,614
2021$90,200 + $14,800
$105,000
$4,443
2020$90,200 + $14,800
$105,000
$4,520
2017$90,200 + $14,800
$105,000
$3,460
2016$90,200 + $14,800
$105,000
$3,968
2015$90,200 + $14,800
$105,000
$3,769
2014$58,000 + $7,000
$65,000
$2,975
2014$58,000 + $7,000
$65,000
$3,326
2013$58,000 + $7,000
$65,000
$1,355
2012$58,000 + $7,000
$65,000
$1,331
2011$58,000 + $7,000
$65,000
$1,639
2010$58,000 + $7,000
$65,000
$3,216

Listed 2024-05-16
$225,000
NYStateAlliance
Listed 2024-01-30
$225,000
OtsegoDelaware

Net Operating Income: 39707
Operating Expense Includes: Electric, Gas/Oil, Refuse, Utilities, Water / Sewer

Total Square Feet Living: 1794
Year Built: 1920
Attic: Crawl Space
Building Exterior Type: Wood
Foundation Details: Pier and Beam, Stone
Property Age: 104
Levels or Stories: 2.0000
Total Above Grade Sqft Area: 1794
Total Area Sqft: 1794
Year Built Details: Existing

Sewer: Sewer Connected
Water Source: Public Connected
Click Thumbnail Images To View Full Size
house_viewhouse_viewhouse_viewkitchenlaundry_room
living_roomunknownunknownbathroombedroom
bedroomunknownunknownkitchenlaundry_room
laundry_roomliving_roombathroombathroombedroom
unknownbedroomhouse_viewkitchenkitchen
bedroomlaundry_roomlaundry_roomunknownunknown
living_roomlaundry_roomlaundry_roomhouse_viewporch
house_view

The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.