1 Rose Avenue, Oneonta, NY 13820

Property Description

PRICED TO SELL! take advantage of this AFFORDABLE MONEY MAKING 3 UNIT INVESTMENT property in the city of Oneonta with a CURRENT COC (Certificate of Compliance) and GREAT RENTAL HISTORY. EACH APARTMENT IS CURRENTLY RENTED. There is a 3 BEDROOM APARTMENT with HARDWOOD FLOORS, eat-in kitchen, living room, dining room and a full bath. The other two UNITS ARE NICE ONE BEDROOOM APARTMENTS with some NEW FLOORING, open floor plan and access to an ENCLOSED PORCH. EACH APARTMENT HAS THIER OWN ELECTRIC METERS. There are 2 FORCED AIR FURNACES and 2 HOT WATER HEATERS. The 3 bedroom apt pays their own heat, electric and hot water. The two one bedroom apartments pay their own electric. YEARLY INCOME $24,960/year. Expenses are low $7778 per year (taxes, insurance, utilities, garbage removal and water). OFF STREET PARKING for about 4 cars, plus street parking. Close to bus route, elementary school, downtown and Fox hospital. THIS IS A GREAT PROPERTY TO START YOUR REAL ESTATE INVESTMENT PORTFOLIO or ADD TO IT! Don't miss out on this great opportunity!