34-36 Cliff Street, Oneonta, NY

Name: 34-36 Cliff Street, For Sale in Oneonta - Zoocasa
Brand: Benson Agency Real Estate LLC
SKU: R1687927
Price: 259900 USD

Real Estate

For Sale

Listed price in listed location currency (USD).

$259,900

440

MLS® R1687927

Overview

Key Facts

Type Multi Family

Levels Residential

Size 2544 sqft

Garage No

Taxes $4,596

Days Active 0

Lot Size 0.18 acres

Approx. Age 1900

Avg. Price Per Sqft $102

MLS® Number R1687927

Property Address: 34-36 Cliff Street, Oneonta, NY, 13820

Average square foot calculated using Size range provided by listing agent.

Description

Charming 4 unit investment property located 3 blocks to downtown! Classic front porch lines offer nice curb appeal. Plenty of off-street parking. Tenants pay all utilities. Solid cash flow flow opportunity. Double digit Return on Investment, and rents have been historically low! Super opportunity. May be purchased with 4 family next door- 38-40 Cliff Street, a 10 bedroom fully occupied building. See MLS R1687928. 34-36 Cliff St: Total rents: $37, 200 annually. Expenses: Taxes $4, 596, Water/Sewr $700, Insurance $1, 700, Trash $1, 200, snow $375, Maintenance and Vacancy at 5% of gross $2, 600. Total expenses $11, 171. NOI $26, 029. Mortgage cost $18, 600 ($259, 900, 20% down. 20 year amort, 6.25%), Net Income $7, 429 / $51, 980 (down payment) = 14.2% Return on Investment. Come take a look at this home offering generous square footage for each unit!

MLS® NumberR1687927

Laundry LevelCommon Area

Central VacNo

FireplaceNo

Acreage0.18

Exterior

GarageNo

Approx. Age1900

BasementFull, Partially Finished

DrivewayCommon, Gravel, Parking Available

Garage Spaces0

Heat

A/C

Heating Fuel

Extras

Map

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