Attention investors and savvy owner-occupants: this three-unit, 3 BR multifamily property offers strong value-add potential with the opportunity for immediate income. Renovations have already began, providing a head start for the next owner to complete improvements and maximize returns. The basement apartment is currently unfinished, creating additional upside for those looking to expand income potential once completed. Whether you're looking to live in one unit while generating rental income from the others, or add a cash-flowing asset to your portfolio, this property presents flexibility and long-term opportunity. With improvements, this property could reach significantly higher market value. Priced below full market value to reflect its current condition. Projected future gross income, with improvements, upward of $36,000. Property is being sold as-is. Bring your vision and capitalize on the potential. Convenient location in center city Oneonta within walking distance to downtown and easy access to colleges and the I88 corridor.
Listing By
Agency Name: BlueSky Properties
Agency Phone: 607-287-8965
Shown By
Agent Name: Pattie A Smith
Agent Phone: (716) 867-9521
Agency Title: MJ Peterson Real Estate
Estimated Payment
$ 762.57 per month $331.61 Principal & Interest $387.50 Property Tax $43.46 Homeowner's Insurance
26 Otsego Street | MLS# R1662373
This multi-family property located at 26 Otsego Street, Oneonta, NY 13820 is currently listed for sale with an asking price of $149,000. Otsego Street is located within the Oneonta school district. Search Oneonta real estate on www.pattiesmith.com today.