7 Walnut Street, Oneonta, Otsego County, NY 13820

For Sale

$1,130,000 USD
Listed by Stefan Marikovics with Keller Williams Upstate NY Properties
$1,130,000 USD
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  • 15 Beds
  • 6 Baths
  • 10,000 Sqft
  • 0.6 ac Lot Size
  • MultiFamily
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Property Summary for 7 Walnut Street

Type
MultiFamily
Sub-Type
Single Family Detached
Lot Size
0.6 Ac
MLS Number
130579
Year Built
1895
Half Bath Total
2
Parcel Number
288.17.-5.-30
Zip
13820
School District
Oneonta City School District
Schools Information
Rooms Information

Description for 7 Walnut Street

FOUR PROPERTY BUNDLE. These four homes combined, generate over $142,000 per year in annual income, with the tenants paying all of their own utilities. These properties are turn key with leases in place and an excellent rental history. With an almost 11% capitalization rate this would make an amazing addition to anyone's portfolio. All of the properties are located in historic Downtown Oneonta within a mile of both colleges and just a quick walk to Downtown. There is plenty of room left in the market threshold for the rental rate on these properties, and they can also be very nicely utilized as summer rentals for even more income! If you have been looking for solid investment properties that are in good condition, in an area with a constant need for rentals then this is for you! Things like this don't come around often, so don't miss out! Also includes tax id #'s 288.17-3-72, 288.17-3-74,288.14-2-38,288.17-5-30
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Features for 7 Walnut Street

Interior Features
  • Basement
Roof
  • Asphalt
Lot Features
  • Porch
  • Deck
Building Features
  • Floors: 2
  • Architecture Style: Colonial
Listing provided by Keller Williams Upstate New York Properties
Copyright © 2021 Otsego Delaware Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Listed by:

Stefan Marikovics

Keller Williams Upstate NY Properties

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