Listing Courtesy of: (607) 431-8181 - Timothy Sagasti - Dudley Realty Inc 607-431-8181

56 East St Oneonta, NY 13820

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Multi-Family Residence
7 Beds
3 Baths
1,926 Sq. Ft.
0.13 Acre Lot

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Last updated on 11/21/2024 7:20 AM
3 UNIT - 7 BEDROOM INVESTMENT PROPERTY. Student Rental. Currently LEASED for the 2024-2025 and 2025-2026 school years. Recently renovated and fully furnished. Apartments 1 and 2 each have 3 bedrooms and 1 full bath, while apartment 3 features 1 bedroom and 1 full bath. The property showcases new v...inyl plank flooring throughout, complemented by some original wood floors, and offers basement access for laundry. Apartments 2 and 3 have been newly updated with new kitchen cabinets, granite countertops, and stainless steel appliances. Electrical upgrades have been completed throughout the building. The exterior boasts vinyl siding, replacement windows, and off-street parking. Conveniently located near downtown, the campus, and bus routes. CoC in place and the seller is a licensed real estate broker. This is an excellent opportunity for cash flow! 2024-2025 School Year GROSS INCOME: $39,850 (reduced rent) 24-25 NET OPERATING INCOME = $25,457 2025-2026 School Year GROSS INCOME: $61,100 25-26 NET OPERATING INCOME= $46,707 TOTAL EXPENSES: $14,393 Land & School Taxes=$5,693 Insurance = $1,500 Heat/Electric = $4,700 Cable/Internet = $1,200 Garbage = $500 Water/Sewer = $800 Continue reading
MLS#
R1554296
Property Type
Multi-Family
Bedrooms
7
Bathrooms
3 Full
Year Built
1900
Square Feet
1,926 sq. ft
Lot Size
0.13
Sewer
Sewer Connected

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Listing Courtesy of: (607) 431-8181 - Timothy Sagasti - Dudley Realty Inc 607-431-8181
Andrea Conner, License 10311208085, Xome Inc., License 10991227159, [email protected], 844-400-XOME (9663), 750 Highway 121 Bypass, Suite 100, Lewisville, Texas 75067


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This content last refreshed on 11/21/2024 7:20 AM. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
Information is deemed reliable but is not guaranteed.
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