Unique Investment Opportunity! Jump right into a money making machine with this short term baseball rental, ideally situated across the street from Cooperstown Dreams Park. This is a Turn-Key operation with a long history of successful summer rental. With three distinct buildings situated over two lots, this facility offers versatile and convenient rental options for the highly competitive summer rental business. This property generates over $130,000 a year!The main building, known as Terrace Lawn, is a giant farmhouse boasting 5 bedrooms and 3 full bathrooms. A recently updated kitchen features stainless steel appliances. Beautiful hardwood floors highlight the main living spaces, ideal for after ballgame gatherings. One full bath is located on the main floor, along with the laundry room/linen closet, adding to the rental appeal. All five bedrooms reside upstairs, with Split A/C units and two full baths. On the other lot sits Sunnyside Apartments, three efficiency apartments with a newly paved parking lot. Each unit has a small kitchenette and full baths. Two of the three apartments feature extra sleeping quarters for additional guests (and income!). Building has multiple washer/dryer units in the common area. Deck space for enjoying the weather or listening to the crowds cheer on the baseball games. The versatility and efficiency of these units make for great rentals in the off-season. Currently, two of the three units are being rented to short term travelers. Easy additional income!Do you want even more income? Of course you do! New for 2019 is Terrace Lawn Cabin, conveniently situated between the two main properties. Pine wood throughout, the unit includes one bath and one bedroom with a king size bed and two additional sleeping units in the main living space. All units have access to the swimming pool (16x24, constructed 2016) and outdoor seating/grilling area. And it's worth repeating: You are literally across the road from Cooperstown Dreams Park! Location! Location! Location! In total, these units offer all the amenities needed for your summer tourists! Indeed, the 2021 season already has over 75% of the thirteen week season booked, meaning you are walking into money for your first season. Are you ready to step up to the plate and make money with a big time rental operation? Here is your chance!
Off market
Zestimate®
$346,100
4649 State Highway 28, Milford, NY 13807
9beds
4,502sqft
MultiFamily
Built in 1915
-- sqft lot
$346,100 Zestimate®
$77/sqft
$1,030 Estimated rent
Owner options
What's special
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 9
- Bathrooms: 8
- Full bathrooms: 7
- 1/2 bathrooms: 1
Heating
- Forced air
Features
- Basement: Full
Interior area
- Total interior livable area: 4,502 sqft
Property
Features
- Exterior features: Other
Lot
- Size: 0.95 Acres
Details
- Parcel number: 3632001620012121
Construction
Type & style
- Home type: MultiFamily
Materials
- Metal
- Roof: Metal
Condition
- Year built: 1915
Community & neighborhood
Location
- Region: Milford
Other
Other facts
- County: Otsego
- Multiple Listing Service: Otsego-Delaware MLS
- Basement: Full
- Exterior: Deck, Porch, Pool
- Status: Active
- Roof: Metal, Shingle, Asphalt
- Style: Multi-Level, Farmhouse, Modular
- Interior: On Demand Hot Water, Ceiling Fan(s), Fire Sprinkler Syste
- Tax Id: 162.00-1-21.22