6 UNITS, 16 BEDROOMS, 7 BATHROOMS! GREAT LOCATION, solid rental history, close to both colleges, a block to bus stop, great parking, short walk to Main Street. 3 two bedrooms, 2 three bedrooms, 1 four bedroom, all furnished. Boiler new 2010. Common laundry in basement, as well as 2 laundry areas upstairs (new 2017 & 2023). COC in place. Includes 2 parcels, 2nd tax map# 288.17-3-16. RENTS: Apt 1- 12 month lease, $1000 month, 2 bedrooms, rented thru 7/31/24. Apt 2 – $3600 per student/per semester, 2 bedrooms, rented for 23-24. Apt 3 – $3600 per student/per semester, 3 bedrooms. (1 bedroom was vacant fall 2023, 2 bedrooms are vacant Spring 2024, Apt 4 – $3600 per student/per semester, 2 bedrooms, rented 2023-24. Apt 5 – $3600 per student/per semester, 3 bedrooms, rented 2023-24. Apt 6 – $3250 per student/per semester, 4 bedrooms, vacant until March-rented for 2 months @$1200 per month. 2023 Income was $93,238, Expenses were $76,860. 2023 expenses include new laundry area and new sewer line to the street along with other improvements. The 2022 income was $100,865, expenses were $49,470. The 2021 Income was $124,624. 2021 expenses were $62,190. EXPENSES include a 10% management fee.
Property Details
Price:
$595,000
MLS #:
R1525110
Status:
Active
Beds:
16
Baths:
0
Address:
7-9 Weidman Place
Type:
Commercial
Subtype:
Other
City:
Oneonta-City
Listed Date:
Mar 13, 2024
State:
NY
Finished Sq Ft:
6,600
ZIP:
13820
Lot Size:
0 acres
Year Built:
1900
Listing courtesy of Benson Agency Real Estate LLC,
© 2024 New York State Alliance of MLS’s NYSAMLS. Information deemed reliable, but not guaranteed. This site was last updated 2024-05-02.
© 2024 New York State Alliance of MLS’s NYSAMLS. Information deemed reliable, but not guaranteed. This site was last updated 2024-05-02.
7-9 Weidman Place
Oneonta-City, NY
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Schools
School District:
Oneonta
Interior
Appliances
Dryer, Exhaust Fan, Gas Oven, Gas Range, Gas Water Heater, Refrigerator, Range Hood, Washer
Fireplaces Total
2
Flooring
Carpet, Hardwood, Varies, Vinyl
Heating
Gas, Steam
Laundry Features
Common Area
Exterior
Community Features
Other, See Remarks
Construction Materials
Frame, Vinyl Siding
Exterior Features
Blacktop Driveway, Private Yard, See Remarks
Parking Features
Threeormore Spaces, Driveway, No Garage
Roof
Asphalt, Shingle
Financial
Buyer Agent Compensation
3%
Taxes
$13,662
Map
Community
- Address7-9 Weidman Place Oneonta-City NY
- CityOneonta-City
- CountyOtsego
- Zip Code13820
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