Address
17 Maple Street Street, Oneonta-City, NY
Price
$ 1,150,000
Property Attributes
- MLS#R1515799
- TypeCommercial
- CountyOTSEGO
- CityOneonta-City
- AreaOneonta-City
- Zip13820
- StyleRoomingHouse
- Year Built1976
- Taxes$ 13676
- Price$ 1,150,000
- Bedrooms9
- Full Bathrooms0
- Half Bathrooms0
- Sqr Footage6240
- Lot Size0.34 Acres
Data Source:
Greater Rochester AOR (GRAR)
Property Description
Lucrative investment property with guaranteed 10+ year triple-net lease. All rent is an absolute net to the landlord. Currently, rent payments are made at $6,120 per month with annual increase of 2%. The Tenant pays for all interior and exterior maintenance, all taxes, all upgrades, all code compliance, all utilities, all insurance and all tenant liability. Long-term rental arrangement with a national Sorority organization. This is an excellent location in the growing and thriving college town of Oneonta which functions as the main hub for shopping, education, and healthcare for Otsego and Delaware County residents. The property is near Hartwick College and the State University of NY - Oneonta and a short walk to the bus stop, Main Street, and downtown local attractions. With easy access to I- 88, a 60 minute drive East or West will take you to Albany or Binghamton. The property has a city permit for up to 21 residents. It has 9 bedrooms and 5 bathrooms. It is outfitted with a commercial sprinkler system, commercial appliances, and fire escapes from the 2nd and 3rd floors.
| Price History | |
|---|---|
| 1/5/2024 | Listed $1,150,000 |
General Features
| Sewer | Connected |
|---|---|
| Heating | Gas,Baseboard |
| Utilities | HighSpeedInternetAvailable,SewerConnected,WaterConnected |
| Possession | CloseOfEscrow |
| Roof | Asphalt |
| Appliances | FreeStandingRange,GasWaterHeater,Oven,Refrigerator |
| Exterior Features | BlacktopDriveway |
| Garage Spaces | 0.0 |
| Security Features | RadonMitigationSystem |
| Construction Materials | WoodSiding |
| Year Built | 1976 |
| Stories | 3 |
| Township | Not Applicable |
| Property SubType | RoomingHouse |
| Gross Income | 73440.0 |
| OwnerPays | Other,SeeRemarks |
| Community Features | Other,StorageFacilities,SeeRemarks |
| Accessibility | AccessibleDoors |
| County | Otsego |
| Net Operating Income | 59764.0 |
| Operating Expense | 0.0 |
| Property Type | CommercialSale |
| Garage Y/N | No |
| Rent Includes | Other,SeeRemarks |
| Status | Active |
| Directions | Head northeast on Main St toward Chestnut St. Turn left onto Maple St. Your destination will be on the left. |
| City | Oneonta-City |
| High School District | Oneonta |
| Total Units | 1 |
| MLS Area | Oneonta-City-361200 |
| Lot Size Square Feet | 14810.0 |
| Waterfront Y/N | No |
| Street Name | Maple Street |
| Year Built Details | Existing |
| Tax Annual Amount | 13676.0 |
| Property Condition | Resale |
| Standard Status | Active |
| Middle/Junior School District | Oneonta |
| Elementary School District | Oneonta |
| Tax Assessed Value | 690000 |
| TaxOtherAnnualAssessmentAmount | 0.0 |
Interior Features
| Basement | Full |
|---|---|
| Flooring | Hardwood,Tile,Varies |
| Total Stories | 3 |
| Basement (Y/N) | Yes |
| Heating Y/N | Yes |
| Fireplace Y/N | No |
| Street Suffix | Street |
| Total Bedrooms | 9 |
Exterior Features
| Parking Features | OneSpace,NoGarage |
|---|---|
| Lot Features | NearPublicTransit |
| Water Source | Connected,Public |
| Lot Size Area | 0.34 |
| Building Area Total | 6240.0 |
| Lot Dimensions | 150X300 |
| Lot Size Acres | 0.34 |
| Lot Size Units | Acres |
| Number of Separate Gas Meters | 1 |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Commercial Average in 13820
Price
Taxes
Visits
Year Built
The Greater Syracuse Association of REALTORS ®: The data relating to real estate on this web site comes in part from the Internet Data Exchange (IDX) Program of the CNYIS, powered by CNYIS. Real estate listings held by firms other than NextHome CNY Realty, are marked with the IDX logo and detailed information about them includes the Listing Broker's Firm Name. All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change
The data relating to real estate on this web site comes in part from the Internet Data Exchange (IDX) Program of NYSAMLS. Real estate listings held by firms other than NextHome CNY Realty, are marked with the IDX logo and detailed information about them includes the Listing Brokers Firm Name.
Disclaimer: All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither the listing broker(s) nor NextHome
