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20 acre Multifamily Rental Home Near Cooperstown NY

1548 County Hwy 35, Maryland, NY 12116, USA
$298,900

Description

20 acres Land for Sale with 3 Unit Multi-Family Rental, Milford, NY!

Near Cooperstown, Property Offers Income Stream with Additional Building Site!

20 acres with 3,640 square foot farmhouse with 3 rental apartments available less than 15 minutes from Cooperstown and less than 10 minutes to Dreams Park.  This is a very well kept home with comfortable features.  Great opportunity for generating income and the land could be subdivided for an additional building site offering amazing views of the valley and distant mountains.

Farm House Multi-Family, 3 apartments:

Apartment 1:  First floor and second floor living space includes 1 car garage, mudroom, large, country kitchen, dining room, living room, separate office, Master bedroom and full bathroom.  The second floor consists of two bedrooms and spacious full bathroom.  This apartment is basically a full sized home…perfect for families.

Apartment 2:  This apartment is all on second story with large, freshly painted living room, 2 newly renovated bedrooms (like new), updated kitchen, and newly renovated full bathroom.  Outside stairs lead into this apartment for access.

Apartment 3:  This is the front of the house and consists of an outside porch entryway and living room connected to the kitchen for an open floor plan.  The full bathroom is downstairs too and there are two bedrooms upstairs.

House has 2 phases for utilities.  Apartments 1 and 2 share electric, heat and hot water.  Apartment 3 has its’ own phase for utilities.

The property has many other features:

  • Barn with 1/2 loft for storage.
  • Gazebo for outdoor picnics, generator shed and garden shed.
  • Outside hookups including septic, water, and disconnected electric…potential for another form of income with summertime rental.

Land:  This house sits on level ground…the rest of the 21 acres has elevated slope from the road…a few hundred feet up there is an amazing plateau or bench on this hillside that provides a terrific, level building site for a new home if you were to subdivide.  The views are amazing!

  • Excellent whitetail deer and turkey hunting.
  • Woods are great resource for firewood, enjoy some hikes and camping.

Location: Beautiful country location surrounded by farms, rolling hillsides….neighboring property is a working dairy farm and on the market as well….15 acres, dairy farm, several barns, 2014 double-wide trailer with lease rights to additional 130 acres for $249,900.

  • 10 minutes to nationally renowned Cooperstown Dreams Park.
  • 15 minutes to Cooperstown, NY.
  • 20 minutes to Oneonta, NY.

This is a quality house with tremendous rental income potential.  Country location with wonderful views!

Priced to sell $298,900. Contact Pete Martino at 315-269-3487 for more information or to schedule a showing.

 

 

Property Documents

  • Address: County Hwy 35
  • Town: Milford
  • County: Otsego County
  • Zip/Postal Code: 12116
  • Neighborhood: Maryland
  • Country: United States

Detail

Updated on May 13, 2022 at 1:06 pm

  • Property ID: NYOR703
  • Price: $298,900
  • Property Size: 3640 Sq Ft
  • Land Area: 21 acres
  • Bedrooms: 7
  • Bathrooms: 4
  • Garage: 1
  • Year Built: 1877
  • Property Type: Country Homes, New Listings, Recreational Land, Residential
  • Property Status: Active, New

Additional details

  • Apartment 1: 3 Bedroom, 2 Bath
  • Apartment 2: 2 Bedroom, 1 Bath
  • Apartment 3: 2 Bedroom, 1 Bath

Contact info

Pete Martino, Licensed Real Estate Broker/Owner
Pete Martino, Licensed Real Estate Broker/Owner
315-269-3487
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