348 Vandeusen Road, Davenport, NY 13750

$275,000
8
BD
5
BA
1,280
SqFt

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List Price
$275,000
Status
ACTIVE
MLS#
R1703429
Price Change
▼ $25,000 1789157126
Year Built
2008
Stories
1
Bedrooms
8
Bathrooms
5
Acres
1
Living Area
1,280
Region
Davenport

Property Description

**INCOME EARNING OPPORTUNITY** This one-acre parcel in Davenport holds three park-owned manufactured homes. All are single-wide units in good condition. Unit 1 offers 3 bedrooms and 2 full bathrooms, a front stoop and a nice rear porch. Unit 2 is a tidy 3 bedroom, 1 full bath with convenient parking and a nice woodland view out the back. The third unit weighs in at 2 bedrooms and 2 full bathrooms. All three units are occupied and paying rent. No vacancies to fill, no renovation to finish before the income starts. Landscaping around the grounds is nearly complete, making for a very nice income-producing package for the savvy investor. Each home has had a selection of recent updates to appliances, heating, and electrical systems, with the seller reporting all work approved by town code enforcement. Two septic systems serve the site, one installed in 2008 and the other in 2023, along with approved water and electrical service already in place. It’s the kind of infrastructure a buyer wants to see already sorted rather than inherited as a project. Combined, the three units bring in $3,100 a month — $1,300, $900, and $900 — for $37,200 a year in gross rent off a single acre. That’s the kind of concentration that appeals to an investor who’d rather manage one parcel with three roofs than three scattered rentals across the county: one tax bill, one insurance policy, one driveway to plow, and three sets of tenants paying into it. Davenport itself does some of the work here. It’s rural enough to feel like home, close enough to Oneonta, Hobart and Delhi that tenants have jobs, schools, and shopping within easy reach — the kind of setting that keeps units filled without a lot of turnover. For an investor looking for straightforward, already-producing income on a small footprint, this one is worth a serious look.

Additional Information

Taxes
$1,933
Interior Features
Ceiling Fan(s), Sliding Glass Door(s)
Exterior Features
Deck, Propane Tank - Leased
School District
Charlotte Valley
Water
Well
Sewer
Septic Tank

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Calculator source: Real Geeks

Listing courtesy of Keller Williams Upstate NY Properties. Contact: (607) 435-0470