6558 State Highway 7, Maryland, NY 12116

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$220,000 Sold Price
Sold on 4/17/2024
 
Listing ID 11095480
Property Type Multi-Unit (5+)
County Otsego
Township Maryland
School SCHENEVUS CENTRAL SCHOOL DISTRICT
Total Tax $5,477
Tax ID 277.00-3-23.00
FEMA Flood Map fema.gov/portal
Year Built 1920
   
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Great Investment Opportunity

Fabulous, well maintained investment opportunity in a great location close to Oneonta and Cooperstown. Five 2 bedroom apartments in one building plus 2 trailers and another that pays lot rent! Reliable long term tenants that want to stay! Could be owner occupied. Lovely 1.14 acre parcel offers beautiful views of rolling fields and mountains. New roof in 2015, septic pumped in 2021, other plumbing and electrical upgrades. High speed internet and cable available. Similar properties are few and far between. Don't miss this great opportunity! Call for your appointment today.
Property Details
  • 7 Full Baths
  • 5300 SF
  • 1.14 Acres
  • Built in 1920
  • Renovated 2015
  • 2 Stories
  • Available 7/20/2022
  • Partial Basement
  • Lower Level: Unfinished, Bilco Doors
Unit Information
Unit #1 – Rent Price: 550, Bedrooms: 2, Full Baths: 1, Occupied
Unit #2 – Rent Price: 575, Bedrooms: 2, Full Baths: 1, Occupied
Unit #3 – Rent Price: 550, Bedrooms: 2, Full Baths: 1, Occupied
Unit #4 – Rent Price: 900, Bedrooms: 2, Full Baths: 1, Occupied
Unit #5 – Rent Price: 850, Bedrooms: 2, Full Baths: 1, Occupied
Unit #6 – Rent Price: 700, Bedrooms: 2, Full Baths: 1, Occupied
Unit #7 – Rent Price: 600, Bedrooms: 2, Full Baths: 1
Unit #8 – Rent Price: 425, Occupied
Interior Features
  • Carpet Flooring
  • Hardwood Flooring
  • Vinyl Flooring
  • Baseboard
  • Hot Water
  • Forced Air
  • 7 Heat/AC Zones
  • Electric Fuel
  • Propane Fuel
  • Wall/Window A/C
Exterior Features
  • Frame Construction
  • Vinyl Siding
  • Wood Siding
  • Asphalt Shingles Roof
  • Metal Roof
  • Private Well Water
  • Private Septic
  • Patio
  • Fence
  • Covered Porch
  • Trees
  • Utilities
  • Street View
  • Mountain View
Income/Expenses
  • Gross Income $54,600
  • Net Income $38,920
  • Operating Exp $15,680
  • Maintainence Exp $1,680
  • Insurance Exp $3,480
  • Heat Exp $4,800
  • Electric Exp $720
  • Water Exp $200
  • Paid by Landlord: Electric, Gas, Water, Insurance, Ord. Maint., Ground Maint.
Taxes and Fees
  • $3,890 School Tax
  • $1,587 County Tax
  • $5,477 Total Tax
Sale Information
  • Sold on 4/17/2024
  • Sold for $220,000
  • Buyer's Agent: Tami Smith-Goodspeed
  • Company: Keller Williams Upstate NY Properties
Previously Listed By
KELLER WILLIAMS UPSTATE NY PROPERTIES
Office: 607-643-2156
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