James Karpowicz

41 Fairview Street, Oneonta, NY 13820

New

16 Photos

Property Description

GREAT INVESTMENT OPPORTUNITY IN ONEONTA! Well-maintained four-apartment property offering four desirable one-bedroom apartments, making this an easy-to-rent investment with excellent cash flow. The property features a deep lot and an impressive 8-car garage, providing abundant off-street parking and valuable additional rental/storage possibilities. Each apartment offers comfortable living space, and the property is currently occupied by month-to-month tenants, providing flexibility for an investor. Improvements include a newer furnace, updated electrical service, newer insulation, and a durable metal roof. There is additional income with a commercial washer and dryer on site. Approximately $2000 from laundry and $2400 from the extra garages. The property has/will have a Certificate of Compliance and has been cared for as a solid income-producing property. Convenient Oneonta location close to shopping, schools, SUNY Oneonta, Hartwick College, downtown. Solid opportunity for an investor looking for strong income, easy rentals, and excellent upside potential. The combination of four apartments, eight garages, a deep lot and commercial laundry makes this an especially attractive investment property with almost 12% cap rate

41 Fairview Street | MLS# R1720668

This multi-family property located at 41 Fairview Street, Oneonta, NY 13820 is currently listed for sale with an asking price of $250,000. Fairview Street is located within the Oneonta school district. Search Oneonta real estate on james-karpowicz.timberlandproperties.com today.

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Property Features

Property Type: Multi Unit - Multiple
Basement: Full
Garage: 8
Heating: Gas, Hot Water
Home Style: Fourplex
Lot Size: 0.28 Acres
Roof Type: Metal
Stories: 2.0
Taxes: $5,528
Year Built: 1940

Feature Descriptions

Appliances: Gas Water Heater
Days on Site: 3
Exterior: Shake Siding, Spray Foam Insulation, Vinyl Siding
Flooring: Carpet, Hardwood, Varies
Laundry: Common Area
Lot: Rectangular, Rectangular Lot, Residential Lot
Lot Dimensions: 60X220
Parcel#: 300.9-1-4
Parking: Parking Available, Two or More Spaces, Garage
Parking Notes: Parking Available, Two or More Spaces, Garage
Sewer: Connected
Units: 4
Utilities: Electricity Connected, Sewer Connected, Water Connected
Water: Connected, Public

Local Schools

School District: Oneonta

Estimate Your Payment

Estimated Payment

$ 1,089.97 per month $556.39 Principal & Interest $460.67 Property Tax $72.92 Homeowner's Insurance

Change Payment Information

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yearly (est.)
(Payments are an estimate and may vary by lender)

Demographics

Listed By / Shown By

Listing By

Agency Name: Benson Agency Real Estate LLC
Agency Contact: 607-437-1694

Shown By

Agent Name: James Karpowicz
Agent Phone: (646) 942-8421 Cell
Agency Title: Timberland Properties

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