17 Maple Street Street Oneonta-City, NY 13820

Features

• Price/sqft: $184
• Total Units: 1
• Total Rooms: 5
• Room List: Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5
• Heating: Baseboard Heating

Facts

• Year Built: 01/01/1976
• Property ID: 855530201
• MLS Number: R1515799
• Property Type: Other
• County: OTSEGO
• Listing Status: Active

Sale Type

This is an MLS listing, meaning the property is represented by a real estate broker, who has contracted with the home owner to sell the home.

Description

This listing is NOT a foreclosure. Lucrative investment property with guaranteed 10+ year triple-net lease. All rent is an absolute net to the landlord. Currently, rent payments are made at $6,120 per month with annual increase of 2%. The Tenant pays for all interior and exterior maintenance, all taxes, all upgrades, all code compliance, all utilities, all insurance and all tenant liability. Long-term rental arrangement with a national Sorority organization. This is an excellent location in the growing and thriving college town of Oneonta which functions as the main hub for shopping, education, and healthcare for Otsego and Delaware County residents. The property is near Hartwick College and the State University of NY - Oneonta and a short walk to the bus stop, Main Street, and downtown local attractions. With easy access to I- 88, a 60 minute drive East or West will take you to Albany or Binghamton. The property has a city permit for up to 21 residents. It has 9 bedrooms and 5 bathrooms. It is outfitted with a commercial sprinkler system, commercial appliances, and fire escapes from the 2nd and 3rd floors.