516 Main ST #514, Oneonta, NY 13820
516 Main ST #514, Oneonta, NY 13820
516 Main ST #514, Oneonta, NY 13820
516 Main ST #514, Oneonta, NY 13820
516 Main ST #514, Oneonta, NY 13820
516 Main ST #514, Oneonta, NY 13820
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Damaris Rivera

Damaris Rivera

+1(585) 754-3821
$ 369,900
Est. payment | /mo

5 Beds

6,000 SqFt

Save
$ 369,900
Est. payment | /mo
Save

5 Beds

6,000 SqFt

Key Details

Property Type Multi-Family

Sub Type Other

Listing Status Active

Purchase Type For Sale

Square Footage 6,000 sqft

Price per Sqft $61

MLS Listing ID R1711925

Bedrooms 5

Construction Status Existing

HOA Y/N No

Year Built 1975

Annual Tax Amount $6,951

Lot Size 5,227 Sqft

Acres 0.12

Lot Dimensions 52X102

Property Sub-Type Other

Property Description

I wanted to share the details on this wonderful 5-unit apartment building! It features five cozy 2-bedroom apartments, each with separate utilities, eat-in kitchens, included appliances, and lovely outdoor spaces like a covered deck and side porch. Tenants handle paying their own utilities with 5 dedicated hot water heaters, 5 heating units, and separate electric panels. There is great potential to increase the current rental income, which is at $1,600 monthly ($19,200 yearly) from two occupied units at $850 and $750. The vacant units are fully move-in ready, as the seller thoughtfully kept them open while the building is for sale. The building has a durable metal roof, mostly vinyl replacement windows, off-street parking, and an over sized 2-car garage with an opener. Plus, it's in a fantastic location on the bus route, close to downtown, the hospital, and the local elementary school.

Location

State NY

County Otsego

Area Oneonta-City-361200

Rooms

Basement Full, Walk-Out Access

Interior

Heating Electric, Gas, Forced Air, Wall Furnace

Flooring Carpet, Tile, Varies, Vinyl

Fireplace No

Appliance Dishwasher, Electric Oven, Electric Range, Electric Water Heater, Gas Oven, Gas Range, Gas Water Heater, Microwave, Refrigerator

Exterior

Exterior Feature Concrete Driveway, Deck

Community Features Other, See Remarks

Utilities Available High Speed Internet Available, Sewer Connected, Water Connected

Roof Type Metal

Porch Covered, Deck, Porch

Building

Lot Description Corner Lot, Near Public Transit, Rectangular, Rectangular Lot, Residential Lot

Story 2

Sewer Connected

Water Connected, Public

Level or Stories Two

Structure Type Stucco,Vinyl Siding

Construction Status Existing

Schools

School District Oneonta

Others

Senior Community No

Tax ID 300.7-4-50

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Special Listing Condition Standard

Listed by Oneonta Realty, LLC 607-287-8458

Nearby Locations

GET MORE INFORMATION

Damaris Rivera
Damaris Rivera

Broker License ID: 10491209510

+1(585) 754-3821 | damaris@rrealtyrochester.com

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516 Main ST #514