5 months on rocket

Sale Pending

12 Academy St, Oneonta-City, NY, 13820

$279,900

Home List Price

$3,324*

Closing Credit

6 Bedrooms
3 Full Baths, 1 Partial
2,084 SqFt
$134/SqFt
Multi
Schools Nearby

Location

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12 Academy St, Oneonta$279,900

Buyer Closing Credits

$3,324*

1.25% Loan Amount

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Property Highlights

Home TypeDuplex
ParkingTwo or More Spaces
Year Built1925
HeatingElectric, Baseboard
BasementYes
MLS #R1507849
Lot Size0.19 Acres
StatusSale Pending
(Pending)

About 12 Academy St

2 UNIT INVESTMENT PROPERTY. Apt 1 Fully rented through May 2024. Apt 2 fully rented through May 2025. GROSS INCOME = $46,200/year (Apt 1 $2,655/month Apt 2 $1,200/month) and 13.27% Cap Rate. EXPENSES = $9,050.40. Land & School Taxes = $4,330.40. Insurance = $1,500. Heat/Electric = $2,000 (downstairs apt included only). Garbage = $500. Water/Sewer = $720. NET OPERATING INCOME = $37,149.60. Short term baseball rental area allowed and potential income of $36,000 additional income! Potential Gross of $80k+/year! Fully renovated duplex in 2021 offers 3 bedrooms / 2 full baths in Apt. 1 and 3 bedrooms / 1.5 baths in Apartment 2. Amenities include ample parking in the back, large deck, laundry in each unit, wood clapboard siding, new kitchens, bathrooms, freshly painted interior and exterior, new electrical and plumbing, and brand new vinyl plank floors throughout the first floor (carpeted second floor). Just a short walk to downtown Main Street, restaurants and stores. Close to bus routes and just minutes to colleges. Each apartment has a dining area / room, spacious living rooms and bedrooms. Certificate of Compliance in place. Nice Cash Cow!

Property Details

Property Features

Property Information:

  • Architectural Style: Duplex
  • Year Built: 1925
  • Stories: 2
  • Living Area: 2,084 SqFt

Listing Office:

  • Office Name: Dudley Realty Inc
  • Office Phone: (607) 431-8181
  • Listing Agent: Timothy Sagasti

Interior Features

Interior Information:

  • Appliances: Electric Water Heater
  • Basement: Yes
  • Flooring Type: Carpet, Varies, Vinyl

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 3
  • Total Bedroom Count: 6

Exterior Features

Parking Information:

  • Parking: Two or More Spaces

Lot Features

Lot Information:

  • Lot: Rectangular Lot
  • Lot Size: 0.19 Acres

Utilities

Utilities Information:

  • Heating: Electric, Baseboard

Other

Directions Information:

  • Directions: Heading West on 88. Turn right off exit 15 then left on main street. Right on grove Street and left onto Academy Street. Heading East on 88. Turn left off exit 16 onto Main Street. Left on Grove Street, right onto Academy Street.

Price Information

Listing Price Info

Price Summary:

  • List Price: $279,900
  • Price Per SqFt: $134/SqFt
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MLS Details

MLS Information:

  • MLS Name: NYS
  • MLS Number: #R1507849

Listing Office:

  • Office Name: Dudley Realty Inc
  • Office Phone: (607) 431-8181
  • Listing Agent: Timothy Sagasti

IDXThe data relating to real estate on this website comes in part from the Internet Data Exchange (IDX) Program of NYSAMLS’s. Real estate listings held by other firms are marked with theListing Broker’s Firm Name. Data provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties that consumers may be interested in purchasing. All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither the listing broker(s) nor this firm shall be responsible for any typographical errors, misinformation, misprints, and shall be held totally
harmless.

© 2024 CNYIS, UNYREIS, WNYREIS. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.

This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available.
Last updated on: 5/4/2024, 6:00:33 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

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Recommended Financing

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Rate/APR

7.5% / 6.68%

Total Monthly Payment

$906

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-5779606
3
/10

  • Valleyview Elementary School

  • 40 Valleyview St

  • 1.05 miles

  • Public District Grades KG-5

school-card-donut-5779607
8
/10

  • Greater Plains Elementary School

  • 60 W End Ave

  • 1.20 miles

  • Public District Grades KG-5

school-card-donut-5779608
3
/10

  • Riverside Elementary School

  • 39 House St

  • 1.41 miles

  • Public District Grades KG-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $16,905. Most Otsego County, NY residents have annual incomes less than $35k. Most families are single, no kids. The most common level of education of people living in this area is post secondary degree.

All data provided by Home Junction and Claritas

Rocket Homes›New York›Otsego County›Oneonta›13820›12 Academy St

This home is located at 12 Academy St in Oneonta-City, NY and zip code 13820. This 2,084 square foot home, which was built in 1925, sits on a 0.19 acre lot. Features: 6 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since November 15, 2023 and is currently priced at $279,900.

While more than 7 listings in Otsego County, NY in April 2024 were sold above asking price, there were more than 5 listings sold at asking price, and more than 16 were sold below. The number of listings in Otsego County, NY increased by 2% between March 2024 and April 2024. Listings spent 76 days on the market in April 2024, and had a median list price of $226,500 during the same period.

From Rocket Homes Real Estate and based on county public records data.

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