Lake Home Off Market

You cannot pass up this tremendous opportunity to own a meticulously maintained, historic, two-unit home in the Village of Cooperstown, just 500 feet to Main Street! - Everything that makes Cooperstown special is nearby, including Otsego Lake, the Baseball Hall of Fame, restaurants & shopping, the Bassett Hospital/healthcare system, the Farmer's Museum and the Fenimore Art Museum.This two-story colonial multi-family property can be an investment opportunity or an owner-occupied home. - Set yourself up for financial success with this very smart investment bringing in a total annual income of $46,680. - The first-floor unit is vacant and ready to be rented or owner-occupied. - The current owner rented to healthcare professionals for $1,500 per month for 9 months and to baseball families for $2,000 per week during the summer months. - The second-floor has a long-term tenant who rents for $765/month. - Each unit has separate utilities, including propane for each on-demand furnace and hot water unit, cable bills, and electric bills. First-floor, Unit #1: - 3 bedrooms, 2 bathrooms. - A large, lovely covered back porch, with plenty of room to sit and relax while you watch the world go by, leads into Unit #1. - The showpiece of the kitchen is the copper sink handmade in Mexico that is beautifully accented with a custom-built wood topped kitchen island and copper-hued backsplash. - A dishwasher adds ultimate convenience for busy days. - The living room is comfortable and cozy, with a ceiling fan and an electric fireplace. - An inviting den, home office, or dining room features parquet flooring and a bay window. - The largest bedroom has an en-suite full bathroom with tub shower and a walk-in closet. - Rounding out the unit are two smaller rooms, a full bathroom with a tub shower, and three hallway closets offering plenty of storage. - Laundry is available in the dry, clean, and well-lit basement. Second floor, Unit #2: - 2 large bedrooms, 1 full bathroom with tub shower. - A large, open kitchen offers room to eat-in. - Relax in the spacious living room adjacent to the kitchen. - Long-term tenant of 45+ years pays all utilities and expenses, including sewer and water.Enjoy worry-free home ownership with a newer roof (2010), on-demand furnace and hot water heaters for each unit, updated electrical throughout offers 200 amp service in Unit #1 and 150 amp service in Unit #2. - Plentiful off-street parking is available. - Reach out now to set up your private tour of this fantastic property.

Property Details

  • Beds: 5
  • Baths: 3.0
  • Sq Feet: 3064
  • Year Built: 1909
  • Location: Otsego Lake
  • Acres: 0.440
  • County: Otsego County
  • Heat/AC: Fireplace
  • Garage: Garage
  • Roof: Asphalt
  • Stories: 2.0
  • Fireplaces: Has Fireplace
  • MLS #: 132328

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Ad Statistics:

Lake Home Off Market in Cooperstown, New York
Ad Number : 1979187
Viewed: 358 times
Added: Sep 30, 2021
Updated on: Jan 21, 2022
All information provided is deemed reliable but is not guaranteed and should be independently verified.
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