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Full details for 8 Bedroom Other For Sale in Oneonta, New York

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Description

PRICED TO SELL! Take advantage of this RARE OPPORTUNITY to own a LEGAL 8 BEDROOM, 2 unit apartment building with TWO 4 BEDROOM APARTMENTS. This apartment house has always been a great student rental property, but could also the perfect owner occupied home. Each apartment has 2 full baths with Laundry. Bedrooms are spacious. Kitchens and baths have been updated. Each apt has their own furnace and hot water heater. Plenty of off street parking with a nice front porch. Leases end May 30 2023. Close to bus route, short walk to SUNY Oneonta and downtown. Total potential income when fully rented $60,000 + per year ($750/bedroom for 10 months). Owner expenses - $13,256 per year when fully rented (taxes, heat, electric, water, Insurance).Don't miss out on this great opportunity to buy into the Oneonta rental market. There are limited number of legal 4 bedroom apartments available in Oneonta. Don't miss out on this one! Back to listing