6 bedroom house for sale

Overview

Nestled in historic Oneonta, 8-10 Lawn Avenue is a 4, 500 sq ft triplex bordering Huntington Park, a few minutes walk from downtown. Its timeless elegance includes 3 units with 6 bedrooms, 4.5 baths. Recent upgrades, like a new roof in 2023, ensure structural integrity. It has had consistent owner-occupied rental income for decades, which exceeded $27, 000 last year, with potential for over $57, 600 annually if entirely rented for guaranteed revenue. Fully compliant with city regulations, it offers decades of consistent rental income. Craftsmanship, spaciousness and charm define its interiors, making it desirable in Oneonta's rental market. A rare opportunity to own a piece of Oneonta's history with significant investment potential, combining character, functionality, prime location, and income generation. With a listing price well under the appraisal value, this is an opportunity not to miss!