4649 State Hwy 28 $899,500
Unique Investment Opportunity! Jump right into a money making machine with this short term baseball rental, ideally situated across the street from Cooperstown Dreams Park. This is a Turn-Key operation with a long history of successful summer rental. With three distinct buildings situated over two lots, this facility offers versatile and convenient rental options for the highly competitive summer rental business. This property generates over $130,000 a year!
The main building, known as Terrace Lawn, is a giant farmhouse boasting 5 bedrooms and 3 full bathrooms. A recently updated kitchen features stainless steel appliances. Beautiful hardwood floors highlight the main living spaces, ideal for after ballgame gatherings. One full bath is located on the main floor, along with the laundry room/linen closet, adding to the rental appeal. All five bedrooms reside upstairs, with Split A/C units and two full baths.
On the other lot sits Sunnyside Apartments, three efficiency apartments with a newly paved parking lot. Each unit has a small kitchenette and full baths. Two of the three apartments feature extra sleeping quarters for additional guests (and income!). Building has multiple washer/dryer units in the common area. Deck space for enjoying the weather or listening to the crowds cheer on the baseball games. The versatility and efficiency of these units make for great rentals in the off-season. Currently, two of the three units are being rented to short term travelers. Easy additional income!
Do you want even more income? Of course you do! New for 2019 is Terrace Lawn Cabin, conveniently situated between the two main properties. Pine wood throughout, the unit includes one bath and one bedroom with a king size bed and two additional sleeping units in the main living space.
All units have access to the swimming pool (16x24, constructed 2016) and outdoor seating/grilling area. And it's worth repeating: You are literally across the road from Cooperstown Dreams Park! Location! Location! Location! In total, these units offer all the amenities needed for your summer tourists! Indeed, the 2021 season already has over 75% of the thirteen week season booked, meaning you are walking into money for your first season. Are you ready to step up to the plate and make money with a big time rental operation? Here is your chance!
Interior Amenities
Exterior Amenities
4649 State Hwy 28
Hartwick, New York 13348
Hartwick, New York 13348
County: Otsego
Sale Type: For Sale
MLS #: 129185
Buyer's Agent
Category: MultiFamily
- Baths
- 7.50
- Ft2
- 4,502
- Siding
- Frame,Modular
- Roof
- Asphalt,Metal,Shingle
- Tax
- $7,764
- Expected Income
- $131,700
- Year Built
- 1915
- School District
- Cooperstown
- Style
- Farmhouse,Modular,Multi-Level
- Garage Size
- 2
4649 State Hwy 28
Hartwick, New York 13348
Hartwick, New York 13348
County: Otsego
Sale Type: For Sale
MLS #: 129185
Buyer's Agent
Category: MultiFamily
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4649 State Hwy 28
Hartwick, New York 13348
Hartwick, New York 13348
County: Otsego
Sale Type: For Sale
MLS #: 129185
Buyer's Agent
Category: MultiFamily
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4649 State Hwy 28
Hartwick, New York 13348
Hartwick, New York 13348
County: Otsego
Sale Type: For Sale
MLS #: 129185
Buyer's Agent
Category: MultiFamily
All information is believed to be accurate but is not guaranteed. We are a full service broker.