516 Main Street Unit 514, Oneonta, NY 13820
- $369,900
- 5
- BD
- 6,000
- SqFt
- List Price
- $369,900
- Status
- ACTIVE
- Days on Market
- 14
- MLS#
- R1711925
- Subtype
- Multi Family
- Year Built
- 1975
- Bedrooms
- 5
- Living Area
- 6,000
- Lot Size
- 5,227
- Acres
- 0.12
- MLS Area Major
- Oneonta
Property Description
I wanted to share the details on this wonderful 5-unit apartment building! It features five cozy 2-bedroom apartments, each with separate utilities, eat-in kitchens, included appliances, and lovely outdoor spaces like a covered deck and side porch. Tenants handle paying their own utilities with 5 dedicated hot water heaters, 5 heating units, and separate electric panels. There is great potential to increase the current rental income, which is at $1,600 monthly ($19,200 yearly) from two occupied units at $850 and $750. The vacant units are fully move-in ready, as the seller thoughtfully kept them open while the building is for sale. The building has a durable metal roof, mostly vinyl replacement windows, off-street parking, and an over sized 2-car garage with an opener. Plus, it’s in a fantastic location on the bus route, close to downtown, the hospital, and the local elementary school.
Additional Information
- Exterior Features
- Concrete Driveway, Deck
- Taxes
- $6,951
- Flooring
- Carpet, Tile, Varies, Vinyl
- Appliances
- Dishwasher, Electric Oven, Electric Range, Electric Water Heater, Gas Oven, Gas Range, Gas Water Heater, Microwave, Refrigerator
- Heating
- Electric, Gas, Forced Air, Wall Furnace
- Stories
- 2
- Levels
- Two
- Roof
- Metal
- Parking Features
- Three or more Spaces, Garage Door Opener
- School District
- Oneonta
Mortgage Calculator
Listing courtesy of Oneonta Realty, LLC. Contact: 607-287-8458