Price Reduction
Address
7-9 Weidman Place, Oneonta-City, NY
Price
$ 595,000
Property Attributes
- MLS#R1525110
- TypeCommercial
- CountyOTSEGO
- CityOneonta-City
- AreaOneonta-City
- Zip13820
- Style
- Year Built1900
- Taxes$ 13662
- Price$ 595,000
- Bedrooms16
- Full Bathrooms0
- Half Bathrooms0
- Sqr Footage6600
- Lot Size0.39 Acres
Data Source:
Greater Rochester AOR (GRAR)
Property Description
6 UNITS, 16 BEDROOMS, 7 BATHROOMS! GREAT LOCATION, solid rental history, close to both colleges, a block to bus stop, great parking, short walk to Main Street. 3 two bedrooms, 2 three bedrooms, 1 four bedroom, all furnished. Boiler new 2010. Common laundry in basement, as well as 2 laundry areas upstairs (new 2017 & 2023). COC in place. Includes 2 parcels, 2nd tax map# 288.17-3-16. RENTS: Apt 1- 12 month lease, $1000 month, 2 bedrooms, rented thru 7/31/24. Apt 2 - $3600 per student/per semester, 2 bedrooms, rented for 23-24. Apt 3 - $3600 per student/per semester, 3 bedrooms. (1 bedroom was vacant fall 2023, 2 bedrooms are vacant Spring 2024, Apt 4 - $3600 per student/per semester, 2 bedrooms, rented 2023-24. Apt 5 - $3600 per student/per semester, 3 bedrooms, rented 2023-24. Apt 6 - $3250 per student/per semester, 4 bedrooms, vacant until March-rented for 2 months @$1200 per month. 2023 Income was $93,238, Expenses were $76,860. 2023 expenses include new laundry area and new sewer line to the street along with other improvements. The 2022 income was $100,865, expenses were $49,470. The 2021 Income was $124,624. 2021 expenses were $62,190. EXPENSES include a 10% management fee.
| Price History | |
|---|---|
| 3/13/2024 | Listed $645,000 |
| 4/20/2024 | 8% - $595,000 |
General Features
| Sewer | Connected |
|---|---|
| Heating | Gas,Steam |
| Utilities | HighSpeedInternetAvailable,SewerConnected,WaterConnected |
| Possession | CloseOfEscrow,SubjectToTenantRights |
| Roof | Asphalt,Shingle |
| Appliances | Dryer,ExhaustFan,GasOven,GasRange,GasWaterHeater,Refrigerator,RangeHood,Washer |
| Exterior Features | BlacktopDriveway,PrivateYard,SeeRemarks |
| Garage Spaces | 0.0 |
| Security Features | FireEscape |
| Construction Materials | Frame,VinylSiding |
| Year Built | 1900 |
| Electric | CircuitBreakers |
| Stories | 3 |
| Township | Not Applicable |
| Property SubType | Other |
| OwnerPays | AllUtilities,SnowRemoval,TrashCollection,Water |
| Community Features | Other,SeeRemarks |
| County | Otsego |
| Property Type | CommercialSale |
| Garage Y/N | No |
| Rent Includes | AllUtilities,SnowRemoval,TrashCollection,Water |
| Status | Active |
| Directions | Weidman runs from Center St to Brook Street |
| City | Oneonta-City |
| High School District | Oneonta |
| Total Units | 6 |
| MLS Area | Oneonta-City-361200 |
| Lot Size Square Feet | 16988.0 |
| Waterfront Y/N | No |
| Street Name | Weidman |
| Year Built Details | Existing |
| Tax Annual Amount | 13662.0 |
| Property Condition | Resale |
| Days on Market | 37 |
| Standard Status | Active |
| Middle/Junior School District | Oneonta |
| Elementary School District | Oneonta |
| Tax Assessed Value | 381700 |
| TaxOtherAnnualAssessmentAmount | 0.0 |
| Property Sub Type Additional | Other |
Interior Features
| Basement | Finished |
|---|---|
| Flooring | Carpet,Hardwood,Varies,Vinyl |
| Furnished Y/N | Furnished |
| Total Fireplaces | 2 |
| Total Stories | 3 |
| Basement (Y/N) | Yes |
| Heating Y/N | Yes |
| Fireplace Y/N | Yes |
| Street Suffix | Place |
| Laundry Features | CommonArea |
| Total Bedrooms | 16 |
Exterior Features
| Parking Features | ThreeormoreSpaces,Driveway,NoGarage |
|---|---|
| Lot Features | FloodZone,IrregularLot,NearPublicTransit |
| Water Source | Connected,Public |
| Lot Size Area | 0.39 |
| Building Area Total | 6600.0 |
| Lot Dimensions | 132X190 |
| Lot Size Acres | 0.39 |
| Lot Size Units | Acres |
| Number of Separate Gas Meters | 1 |
| Number of Separate Electric Meters | 1 |
| Road Frontage Type | PrivateRoad |
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
