3980 State Highway 7 Otego NY 13825 MLS #R1519994

3980 State Highway 7
Otego, NY, 13825
$850,000
9 Beds
0 Baths
5,827 SqFt
12.24 Acres
PRESTIGOUS CAMELOT MANOR A TERRIFIC INVESTMENT OPPORTUNITY! THIS FABULOUS PACKAGE OFFERS 12+ ACRES, POND, GAZEBO, MANOR HOUSE, CARRIAGE HOUSE w/OFFICE & APARTMENT & A 7 UNIT BUILDING FOR A TOTAL OF 16 BEDROOMS & 9 BATHS IN THE 8 UNITS & 3,000+/- SQFT MANOR HOUSE HIGHLIGHTING STUNNING VAULTED ENTRANCE, STONE FIREPLACE, SPACIOUS EATIN KITCHEN, FORMAL DINING & LIVING ROOMS, 2 FULL BATHS & 3 BEDRMS. Carriage house has a newly added office allowing the owner or property manager a base of operation within the complex for bookkeeping and maintenance logs. Tenants also have the use of the gazebo overlooking the rolling greens and beautiful pond. Housing and terrific rental income can be yours with high rental demand located near Oneonta. Call today to schedule a viewing of all this amazing property has to offer! At full capacity, this commercial property generates $101,000 gross revenue. Available at $850,000

Property Details

Price:
$850,000
MLS #:
R1519994
Status:
Active
Beds:
9
Baths:
0
Address:
3980 State Highway 7
Type:
Commercial
City:
Otego
Listed Date:
Feb 6, 2024
State:
NY
Finished Sq Ft:
5,827
ZIP:
13825
Lot Size:
12 acres
Year Built:
1980
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3980 State Highway 7
Otego, NY

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Schools

School District:
Unatego

Interior

Appliances
Electric Cooktop, Electric Oven, Electric Range, Electric Water Heater, Free Standing Range, Oven, Refrigerator
Fireplaces Total
2
Flooring
Carpet, Hardwood, Laminate, Varies, Vinyl
Heating
Oil, Baseboard

Exterior

Construction Materials
Frame, Stone
Exterior Features
Blacktop Driveway
Other Structures
Barns, Outbuilding
Parking Features
Threeormore Spaces, No Garage
Roof
Asphalt, Flat, Membrane, Rubber, Shingle

Financial

Buyer Agent Compensation
2.00%%
Net Operating Income
$59,096
Taxes
$14,602

Map

Community

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