Property Description

Prime Multi-Family Investment & Value-Add Opportunity! Set on 1.5 acres, this property features two multi-unit structures with four existing apartments, separate utilities for each unit, and room to expand. Building 1 to the right of the driveway -contains Apartment 1: (1 bedroom, 1 bathroom) along with an attached garage and an unfinished upper loft area with interior and exterior access along with another unfinished apartment on the lower level-offering clear potential to finish and build out 1 to 2 additional income-producing apartments. Building 2 houses the remaining 3 units: Apartment 2 offers a spacious 1,050 sq ft 2-bedroom, 1-bathroom layout with a large living room, an expansive kitchen featuring a custom oak island and in-unit laundry in the bathroom; Apartment 3 is a vacant 300 sq ft open-concept 1-bedroom, 1-bathroom unit featuring a new water heater; and Apartment 4 is a vacant 850 sq ft top-floor unit with 2 bedrooms, 1 bathroom, fresh paint, new flooring, updated bathroom piping, and a private deck off the kitchen. Exterior and building feature private porch and side entryways, a nice side yard, and a path leading down to a wooded lower yard perfect for gatherings along with a 2-car attached 24x36 garage equipped with oil heat and electric. Commuter conveniences with the property situated just 20 minutes to Cobleskill, 35 minutes to Cooperstown and Oneonta, and 1 hour to Albany. Room for additional income and a great investment or owner occupied!

Property Features

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