114-116 Spruce St, Oneonta, NY 13820

2 UNIT INVESTMENT PROPERTY. Student rental ready. Just renovated and fully furnished! Now showing for the 23-24 school year! 16.59% Cap Rate POTENTIAL GROSS INCOME = $63,000 EXPENSES = $13,217 Land & School Taxes = $5,717 Insurance = $1,500 Heat/Electric = $3,500 Cable/Internet = $1,200 Garbage = $500 Water/Sewer = $800 POTENTIAL NET OPERATING INCOME = $49,782 Large fully furnished duplex offers 3 bedrooms in Apt. 1 and 4 bedrooms in Apartment 2. Amenities include laundry in each unit, vinyl siding, newly painted, electrical upgrades and brand new vinyl plank floors throughout. Just a short walk to downtown Main Street, restaurants and stores. Close to bus routes and just minutes to colleges. Each apartment has an eat-in kitchen with a table and chairs. Each spacious living room has 2 couches, coffee and end tables, entertainment center, and a 55 flat screen TV! Apt. 1 has one bedroom downstairs, two bedrooms, laundry and two full bathrooms upstairs. Apt. 2 has one bedroom and a full bathroom downstairs. Upstairs there are three bedrooms, laundry, and a full bathroom. Certificate of Compliance in place. Seller is a licensed real estate broker. Nice Cash Cow!