167-173 Main ST, Oneonta, NY 13820
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167-173 Main ST, Oneonta, NY 13820
167-173 Main ST, Oneonta, NY 13820
167-173 Main ST, Oneonta, NY 13820
167-173 Main ST, Oneonta, NY 13820
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167-173 Main ST Oneonta, NY 13820

15,000 SqFt


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Key Details

Property Type Commercial

Listing Status Active

Purchase Type For Sale

Square Footage 15,000 sqft

Price per Sqft $99

MLS Listing ID R1727448

Construction Status Existing

HOA Y/N No

Year Built 1900

Annual Tax Amount $40,375

Lot Size 5,662 Sqft

Acres 0.13

Lot Dimensions 50X120

Property Description

High-performing mixed-use building right on Main Street in Oneonta. It has two commercial spaces and eight residential apartments that generate over $186,000 per year in gross income. One of the downstairs businesses has been a tenant for over 25 years, and the other commercial space has not had a long-term vacancy in more than 10 years. The eight apartments average a 95% occupancy rate with all but one tenant paying their own utilities, so the income stays very consistent on both the commercial and residential sides, still with plenty of upside potential.

The location may be the most convenient in the area, with steady pedestrian and vehicle traffic and easy access to everything downtown Oneonta offers. The building has a proven track record, long-term tenants and management already in place, so it cash flows tremendously while letting the owner stay hands-off. This is a great opportunity to add a solid income-producing property to your portfolio. Schedule your showing today.

Location

State NY

County Otsego

Area Oneonta-City-361200

Zoning C1

Direction From Oneonta: Go to 167 Main Street

Interior

Heating Gas, Other, See Remarks, Hot Water

Cooling Other, See Remarks

Inclusions Land and Building

Fireplace No

Exterior

Utilities Available Sewer Connected, Water Connected

Roof Type Flat

Total Parking Spaces 3

Building

Lot Description Irregular Lot

Story 3

Sewer Public Sewer

Water Public

Structure Type Other

Construction Status Existing

Schools

High Schools Oneonta High

School District Oneonta

Others

Tax ID 361200-300-031-0001-013-000-0000

Acceptable Financing Cash, Owner Will Carry

Listing Terms Cash, Owner Will Carry

Special Listing Condition Standard


Listed by Keller Williams Upstate NY Properties 607-267-3166
Anthony Heath

Anthony Heath

Team Lead / Lead Agent

+1(607) 267-3166

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167-173 Main ST