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7525 State Highway 357 Franklin, NY 13775
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Key Details
Sold Price $120,000
Property Type Commercial
Listing Status Sold
Purchase Type For Sale
Square Footage 2,000 sqft
Price per Sqft $60
MLS Listing ID OD136931
Sold Date 03/02/23
Bedrooms 4
Full Baths 2
HOA Y/N No
Year Built 1940
Annual Tax Amount $2,794
Lot Size 1.000 Acres
Acres 1.0
Property Description
Excellent opportunity to invest in the hot rental market. Unique and well-kept income property located in Franklin New York. The property includes a duplex post and beam-built home with 2- two-bedroom units.The front unit is currently occupied with long term tenant. The back unit has a full kitchen, two living areas, laundry area, and ample size bedrooms. Back addition boosts beautiful interior woodwork and sunlight throughout.Home has multiple heating sources including passive solar heating, propane, heating oil, and electric. Tenants pay all utilities besides water and sewer.Besides the duplex home, the property includes Lily Pond Trailer Park, a quaint 3-unit mobile home park. All mobile homes are tenant owned.Franklin is located in the northwestern part of Delaware County and conveniently located 11 miles from Oneonta and 9 miles from historic Unadilla.
Location
State NY
County Delaware
Area Franklin-123289
Direction From Oneonta Turn right onto NY-28 S for 4.9 mi At the traffic circle, take the 1st exit onto NY-357 W for 6.4 mi Turn right onto Lilly Pond Trailer Park Destination will be on the right From Walton NY Head north o
Rooms
Basement Partial
Interior
Heating Electric, Oil, Solar
Flooring Carpet, Hardwood, Varies, Vinyl
Exterior
Roof Type Shingle
Building
Foundation Block, Stone
Sewer Septic Tank
Water Well
Others
Tax ID 97.-1-23
Acceptable Financing Other, See Remarks
Listing Terms Other, See Remarks
Financing Conventional
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Bought with Coldwell Banker Timberland Properties