3982 State Highway 7, Otego, NY 13825

$850,000 Asking Price

3 beds
3 baths
2,790  sqft
Built in 1980

PRESTIGOUS CAMELOT MANOR A TERRIFIC INVESTMENT OPPORTUNITY! THIS FABULOUS PACKAGE OFFERS 12+ ACRES, POND, GAZEBO, MANOR HOUSE, CARRIAGE HOUSE w/OFFICE & APARTMENT & A 7 UNIT BUILDING FOR A TOTAL OF 16 BEDROOMS & 9 BATHS IN THE 8 UNITS & 3,000+/- SQFT MANOR HOUSE HIGHLIGHTING STUNNING VAULTED ENTRANCE, STONE FIREPLACE, SPACIOUS EATIN KITCHEN, FORMAL DINING & LIVING ROOMS, 2 FULL BATHS & 3 BEDRMS. Carriage house has a newly added office allowing the owner or property manager a base of operation within the complex for bookkeeping and maintenance logs. Tenants also have the use of the gazebo overlooking the rolling greens and beautiful pond. Housing and terrific rental income can be yours with high rental demand located near Oneonta. Call today to schedule a viewing of all this amazing property has to offer! At full capacity, this residential & commercial property generates $101,000 gross revenue.


Features & Amenities

Interior

General:
Cathedral Ceiling(s),Den,Entrance Foyer,Separate/Formal Living Room,Country Kitchen,Bedroom on Main Level
Appliances:
Electric Oven,Electric Range,Oil Water Heater,Refrigerator
Laundry:
Main Level
Basement:
Full,Walk-Out Access
Flooring:
Carpet,Hardwood,Laminate,Varies,Vinyl
Heating:
true, Oil,Baseboard,Hot Water
Fireplace:
Fireplace, Fireplaces: 2

Exterior

General:
Blacktop Driveway, Barn(s),Outbuilding
Style:
Contemporary,Two Story
Other Structures:
Barn(s),Outbuilding
Parking:
No Garage

Construction

Roofing:
Asphalt,Shingle
General:
Frame,Stone, 2, Block

Location

Originating MLS:
NYS
School District:
Unatego
County:
Otsego

Lot

Zoning:
364889-308-000-0001-032-001-0000

Utilities

Water:
Well
Sewer:
Septic Tank

Financial

Source:
NYS
Listing Agent Compensation:
0
Buyers Agent Compensation:
2.0%

This listing courtesy of:
CARE Brokerage, Katherine Fistrowicz

About Otego, NY

Housing

Number of Units
1,648
Median Home Value
$163,433
Median Rent
$599

29.26% of housing units are renter occupied.

16.32% are vacant.

Commute

Car
92.73%
Public Transportation
0.19%
Walk to Work
0.58%
Work from Home
5.21%
Other
1.18%

The median travel time to work is 27 minutes.

People

Population
3,193
Median Age
47.10
Median Household Size
2.43

Education

High School
34.90%
Associate’s Degree
7.37%
Bachelor’s Degree
18.61%
Graduate Degree
14.97%

Disclaimer: Community and Demographic information uses data from the U.S. Census Bureau but is not endorsed or certified by the Census Bureau.

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