9-15 Elm ST, Oneonta, NY 13820
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9-15 Elm ST, Oneonta, NY 13820
9-15 Elm ST, Oneonta, NY 13820
9-15 Elm ST, Oneonta, NY 13820
9-15 Elm ST, Oneonta, NY 13820
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9-15 Elm ST Oneonta, NY 13820

13,188 SqFt


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Key Details

Property Type Commercial

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

Square Footage 13,188 sqft

Price per Sqft $94

MLS Listing ID R1727387

Construction Status Existing

HOA Y/N No

Year Built 1988

Annual Tax Amount $21,017

Lot Size 0.340 Acres

Acres 0.34

Lot Dimensions 110X167

Property Sub-Type Mixed Use

Property Description

Incredible mixed-use investment property right on Main Street in Oneonta. The building has six apartments in a range of sizes and two commercial spaces, it brings in approximately $120,000 a year in gross operating income, with plenty of room to grow. Both the residential and commercial sides have an outstanding rental history. One business has been a tenant for over 10 years, and the larger commercial space has not sat empty for more than a few months in almost a decade. That kind of stability is hard to find, and it makes this a dependable, long-term income property.

The location is hard to beat. Being on the corner of Main Street and Elm Street keeps the commercial spaces in front of steady traffic, and public transit is close by for residents and customers. The building also has more than 15 parking spaces for tenants and commercial customers, which is rare in downtown Oneonta and a real advantage for keeping units and storefronts filled. With strong income, long-term tenants and room to increase rents, this is an opportunity serious investors will want to see.

Location

State NY

County Otsego

Area Oneonta-City-361200

Zoning Comm-1

Interior

Heating Gas, Other, See Remarks, Forced Air, Radiator(s)

Cooling Other, See Remarks

Inclusions Land and Building

Fireplace No

Exterior

Utilities Available Sewer Connected, Water Connected

Roof Type Flat

Total Parking Spaces 15

Building

Lot Description Rectangular, Rectangular Lot

Story 2

Sewer Public Sewer

Water Public

Level or Stories Two

Structure Type Other

Construction Status Existing

Schools

School District Oneonta

Others

Tax ID 300.6-1-33

Acceptable Financing Cash

Listing Terms Cash

Special Listing Condition Standard


Listed by Keller Williams Upstate NY Properties (516) 974-8882
Anthony Heath

Anthony Heath

Team Lead / Lead Agent

+1(607) 267-3166

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9-15 Elm ST