16 West St, Oneonta, NY 13820

EXCELLENT INVESTMENT OPPORTUNITY. Conveniently located just a short walk to Hartwick College, SUNY Oneonta, and Main Street, this investment property features five one bedroom, one bathroom apartments in the main house and a separate one bedroom, one bathroom cottage in the back left corner of the lot. Projected income for the units is approximately $51,500 annually but will be much higher once rents and expenses are optimized. There are separate electric meters for each apartment, off-street parking, and convenient access to each unit. The roof on both buildings is in good condition and with the vinyl siding, city sewer and city water, capital improvement costs are minimal. The location is a growth market for your money, pulling shoppers from four counties. The next closest shopping hub is Binghamton to the west and Albany to the east. Baseball tourism is booming, pulling families from all over the country to the baseball center of the world, Cooperstown, and Oneonta which has growing baseball camps and tourism. There are two colleges, SUNY Oneonta and Hartwick. Basset Medical Center is nearby with its network of healthcare providers. Many corporations are also nearby: Chobani, Co