2 UNIT – 6 BEDROOM INVESTMENT PROPERTY. Student Rental. Currently LEASED for the 2024-2025 and 2025-2026 school years.
This recently renovated and fully furnished duplex features 3 bedrooms and 1 full bath along with laundry in each unit. It has new kitchens, baths, electrical, plumbing, sheetrock, interior and exterior paint and vinyl plank flooring throughout. Conveniently located near downtown, the campus, and bus routes. A Certificate of Compliance just issued, and the seller is a licensed real estate broker. This is an excellent opportunity for cash flow!
2024-2025 School Year: GROSS INCOME: $40,100. Currently advertising for one open bedroom for the spring semester, potential $3,500 more (discounted).
24-25 NET OPERATING INCOME = $ 29,318
2025-2026 School Year: GROSS INCOME: $47,125. Currently advertising for one open bedroom for the spring semester, potential $3,875 more (discounted).
25-26 NET OPERATING INCOME= $36,343
TOTAL EXPENSES: $10,782:
Land & School Taxes = $3,282, Insurance = $1,500, Heat/Electric = $3,500, Cable/Internet = $1,200, Garbage = $500, Water/Sewer = $800
This recently renovated and fully furnished duplex features 3 bedrooms and 1 full bath along with laundry in each unit. It has new kitchens, baths, electrical, plumbing, sheetrock, interior and exterior paint and vinyl plank flooring throughout. Conveniently located near downtown, the campus, and bus routes. A Certificate of Compliance just issued, and the seller is a licensed real estate broker. This is an excellent opportunity for cash flow!
2024-2025 School Year: GROSS INCOME: $40,100. Currently advertising for one open bedroom for the spring semester, potential $3,500 more (discounted).
24-25 NET OPERATING INCOME = $ 29,318
2025-2026 School Year: GROSS INCOME: $47,125. Currently advertising for one open bedroom for the spring semester, potential $3,875 more (discounted).
25-26 NET OPERATING INCOME= $36,343
TOTAL EXPENSES: $10,782:
Land & School Taxes = $3,282, Insurance = $1,500, Heat/Electric = $3,500, Cable/Internet = $1,200, Garbage = $500, Water/Sewer = $800
Property Details
Price:
$299,000
MLS #:
R1570009
Status:
Active
Beds:
6
Baths:
2
Address:
30 Church Street
Type:
Single Family
Subtype:
Duplex
Neighborhood:
Oneonta-City-361200
City:
Oneonta-City
Listed Date:
Oct 7, 2024
State:
NY
Finished Sq Ft:
1,976
Total Sq Ft:
1,976
ZIP:
13820
Lot Size:
3,485 sqft / 0.08 acres (approx)
Year Built:
1900
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Schools
School District:
Oneonta
Interior
Appliances
Gas Water Heater
Bathrooms
2 Full Bathrooms
Flooring
Varies, Vinyl
Heating
Gas, Forced Air
Exterior
Architectural Style
Duplex
Construction Materials
Wood Siding
Parking Features
No Driveway
Financial
Taxes
$3,282
Map
Community
- Address30 Church Street Oneonta-City NY
- CityOneonta-City
- CountyOtsego
- Zip Code13820
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Listing courtesy of Dudley Realty Inc,
© 2024 New York State Alliance of MLS’s NYSAMLS. Information deemed reliable, but not guaranteed. This site was last updated 2024-12-23.
© 2024 New York State Alliance of MLS’s NYSAMLS. Information deemed reliable, but not guaranteed. This site was last updated 2024-12-23.
30 Church Street
Oneonta-City, NY
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