25 Academy Street , New Berlin, NY 13411

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Property Description

Welcome to 25 Academy Street in New Berlin-a fantastic, cash-flowing 2-unit building sitting on a quiet neighborhood street with an unbelievable bonus: the 3-unit property right next door (23 Academy St) is also up for grabs! Why buy just one stream of income when you can secure five? Acquiring both gives you unprecedented control over a contiguous footprint, massive management efficiencies, and an instant 5-unit mini-portfolio in a stable rental pocket. Spanning 2,300 square feet, 25 Academy Street features a highly functional multi-family layout. The building consists of two distinct spaces: a convenient 1-bedroom unit on the first floor with in-unit washer and dryer as well as a large walk-in pantry with bonus-room potential, and a spacious 2-bedroom unit on the second floor. The ultimate bonus? This property includes a massive 2-car detached garage/barn located just across the street. It is perfect for generating extra monthly storage income, using as workshop space, or offering premium covered parking to command top-tier rent. There is also ample off-street parking. Situated on a one-way street in the heart of the village of New Berlin, tenants enjoy absolute walkability to local eateries, community parks, and everyday conveniences. Start your investing career, live-in a unit and generate income... the possibilities await!

25 Academy Street | MLS# R1682419

This home located at 25 Academy Street , New Berlin, NY 13411 is currently listed for sale with an asking price of $124,900. This property was built in 1880 and has 3 bedrooms and 2 full baths with 2300 sq. ft. Academy Street is located within the Unadilla Valley school district. Search New Berlin real estate on www.coldwellbankerprime.com today.

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Property Features

Property Type: Residential - Multiple
Basement: Partial
Garage: 1
Heating: Electric, Oil, ForcedAir
Home Style: Duplex
Lot Size: 0.09 Acres
Roof Type: Metal
Stories: 2.0
Taxes: $3,640
Year Built: 1880

Feature Descriptions

Appliances: ElectricWaterHeater, OilWaterHeater
Exterior: VinylSiding
Flooring: Carpet, Hardwood, Laminate, Varies
Lot: Rectangular, RectangularLot
Lot Dimensions: 85X150
Parcel#: 88.08-1-22
Parking: Garage, Gravel, TwoOrMoreSpaces
Parking Notes: Garage, Gravel, TwoOrMoreSpaces
Sewer: SepticTank
Units: 2
Utilities: WaterConnected
Water: Connected, Public

Local Schools

School District: Unadilla Valley

Estimate Your Payment

Estimated Payment

$ 617.74 per month $277.97 Principal & Interest $303.33 Property Tax $36.43 Homeowner's Insurance

Change Payment Information

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yearly (est.)
(Payments are an estimate and may vary by lender)

Demographics

Listed By / Shown By

Listing By

Agency Name: Keller Williams Upstate NY Properties
Agency Contact: 607-386-5886

Shown By

Agency Title: Coldwell Banker Prime Properties
Agency Phone: 866-323-CBPP

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