CENTURY 21 Chesser Realty
607-432-7653
416 Chestnut Street
Oneonta, NY 13820

2056 Kelly Corners Road, Milford, NY 13820 - MLS# 110065

$189,000

This RENOVATED FARMHOUSE with 5 br & 2 ba, can serve as a large FAMILY HOME or as INCOME PROPERTY and has a TERRIFIC RENTAL HISTORY of $2350/week, renting from 9-13 weeks yearly during the baseball season. Sitting on 5 beautiful acres, it provides a serene retreat, yet is conveniently located just 10 minutes from Cooperstown. Some highlights of this spacious home are a CHEERY UPDATED EAT-IN KITCHEN brightened by a large picture window looking outward to a LARGE DECK and GORGEOUS VIEWS, and STAINLESS STEEL APPLIANCES. The huge master bedroom is bright and sunny. There are tastefully renovated bathrooms, wood plank and hardwood flooring, and CENTRAL AIR throughout the house. Additional updates to the home include a water softener, back-up electric heating in all 5 bedrooms and baths. Enjoy the countryside and take in the lovely views from your back deck, large back yard or around the pond. Indulge your creative side with gardening on your private 5 acres. This large home is spacious enough to house a growing family and leave ample room for pursuing hobbies with extra rooms available to dedicate to them. And if operated as a business, your renters will appreciate the privacy this spacious layout provides even while housing numerous guests. They'll love the escape the home provides after spending hectic, crowded days in Cooperstown and Dream Parks. Savvy investors will look ahead to the next 3 years. The list of potential Yankees headed to the Hall is about to grow over the next 3 years and includes NY fan fave Derek Jeter, who is expected to be inducted in 2020 on the first-ever unanimous vote. The Hall of Fame expects a record attendance of over 100,000 people, and rental housing will be in high demand. But even before this induction weekend, baseball tourism is only getting bigger and more expensive. Visitors will appreciate this home's large room count and the ability to share expenses with multiple families, so occupancy rates are certain to be high. The extra acreage and private setting will be a welcome relief from the hubbub of activity in town. This property sells as a turn-key operation complete with domain name and website. And if desired, the furniture is available for purchase for an additional fee. Essentially this is a ready-made business or home. All you need to do is purchase the home, and move in, or start making rental income right away.

General Features

  • Property Type: Multi Family
  • Property Subtype 1: Multi Family
  • County: Otsego
  • Year Built: 1904

Exterior Features

  • Exterior: Pond,Deck,Porch,Storage/Out-Building,Other
  • Style: Farmhouse
  • Acres: 5.0800
  • Lot Measurement: Acres
  • Lot Dimensions: 5.08 acres +/-
  • Lot Size Source: (Tax Records)
  • Lot Square Footage: 221,285
  • Color: White
  • Construction: Frame
  • Foundation: Stone
  • Insulation: Yes
  • Roof: Asphalt Shingle

Interior Features

  • Bedrooms: 5.00
  • Bathrooms: 2.00
  • Full Bathrooms: 2
  • Square Footage: 2,086
  • Square Footage Source: Tax Records
  • Interior: Other
  • Basement: Full
  • Floor: Carpet,Vinyl,Wood
  • Possible Bedrooms: 0.00

Utility Features

  • Electric: 200 Amps, CB, NYSEG
  • # Hot Water Heaters: 1
  • Hot Water: Oil
  • Sewer: Septic System
  • Water: Well
  • Water/Sewer Fee: 0.00

Financial Features

  • Tax Id: 209.00-1-20.00
  • Lease Type: Net
  • Assessment: 86100.00
  • Income: 30500.00
  • Expense: 7503.29
  • School Tax: 2587.73
  • Town/City Tax: 814.05
  • Village Tax: 0.00
  • Terms: Cash

School Features

  • School District: Milford
The listing information for 2056 Kelly Corners Road, Milford, NY 13820 was graciously provided by our friends at the listing brokerage, Keller Williams Upstate NY Properties

Please Note: All information in this site is deemed reliable but not guaranteed. The property information provided on CENTURY 21 Chesser Realty's websites is for personal, non-commercial use only and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Property information is gathered from third-party resources including the seller and public records. CENTURY 21 Chesser Realty, Onjax, LLC, its affiliates, owners, subsidiaries and subscribers disclaim any and all representations or warranties as to the accuracy or reliability of the information provided. You should verify all claims through personal inspection and/or contact with the appropriate real estate professionals.
Last Updated 11/18/2017 at 5:19pm