About 7-9 Weidman Place
6 UNITS, 16 BEDROOMS, 7 BATHROOMS! GREAT LOCATION, solid rental history, close to both colleges, a block to bus stop, great parking, short walk to Main Street. 3 two bedrooms, 2 three bedrooms, 1 four bedroom, all furnished. Boiler new 2010. Common laundry in basement, as well as 2 laundry areas upstairs (new 2017 & 2023). COC in place. Includes 2 parcels, 2nd tax map# 288.17-3-16. RENTS: Apt 1- 12 month lease, $1000 month, 2 bedrooms, rented thru 7/31/24. Apt 2 - $3600 per student/per semester, 2 bedrooms, rented for 23-24. Apt 3 - $3600 per student/per semester, 3 bedrooms. (1 bedroom was vacant fall 2023, 2 bedrooms are vacant Spring 2024, Apt 4 - $3600 per student/per semester, 2 bedrooms, rented 2023-24. Apt 5 - $3600 per student/per semester, 3 bedrooms, rented 2023-24. Apt 6 - $3250 per student/per semester, 4 bedrooms, vacant until March-rented for 2 months @$1200 per month. 2023 Income was $93,238, Expenses were $76,860. 2023 expenses include new laundry area and new sewer line to the street along with other improvements. The 2022 income was $100,865, expenses were $49,470. The 2021 Income was $124,624. 2021 expenses were $62,190. EXPENSES include a 10% management fee.
Features of 7-9 Weidman Place
| MLS® # | R1525110 |
|---|---|
| Price | $595,000 |
| Bedrooms | 16 |
| Bathrooms | 0.00 |
| Square Footage | 6,600 |
| Square Footage | 16988 |
| Acres | 0.39 |
| Year Built | 1900 |
| Type | Multi Family |
| Sub-Type | Other |
| Status | Active Under Contract |
Community Information
| Address | 7-9 Weidman Place |
|---|---|
| Area | Oneonta-City |
| City | Oneonta-City |
| County | Otsego |
| State | NY |
| Zip Code | 13820 |
Amenities
| Utilities | All Utilities, Snow Removal, Trash Collection, Water, High Speed Internet Available, Sewer Connected, Water Connected |
|---|---|
| Features | Flood Zone, Irregular Lot, Near Public Transit |
| Parking | Driveway, No Garage, Three or more Spaces |
| Garages | Driveway, No Garage, Three or more Spaces |
| Is Waterfront | No |
| Has Pool | No |
Interior
| Interior | Carpet, Hardwood, Varies, Vinyl |
|---|---|
| Appliances | Dryer, Exhaust Fan, Gas Oven, Gas Range, Gas Water Heater, Range Hood, Refrigerator, Washer |
| Heating | Gas, Steam |
| Fireplace | Yes |
| # of Fireplaces | 2 |
| # of Stories | 3 |
| Stories | 3 |
| Has Basement | Yes |
| Basement | Finished |
Exterior
| Exterior | Frame, Vinyl Siding |
|---|---|
| Exterior Features | Blacktop Driveway, Private Yard, See Remarks |
| Lot Description | Flood Zone, Irregular Lot, Near Public Transit |
| Roof | Asphalt, Shingle |
| Construction | Frame, Vinyl Siding |
School Information
| District | Oneonta |
|---|
Additional Information
| Short Sale | No |
|---|---|
| RE / Bank Owned | No |
Listing Details
| Office | Benson Agency Real Estate LLC |
|---|---|
| Contact Info | 607-287-8919 |