Waterfront
Address
237 County Highway 52, Middlefield, NY
Price
$ 690,000
Property Attributes
  • MLS#R1491100
  • TypeMulti-Family
  • CountyOTSEGO
  • CityMiddlefield
  • AreaCooperstown Village-Middlefield
  • Zip13326
  • StyleMultiFamily
  • Year Built1890
  • Taxes$ 3798
  • Price$ 690,000
  • Bedrooms7
  • Full Bathrooms4
  • Half Bathrooms0
  • Sqr Footage3400
  • Lot Size1.1 Acres
Data Source:
Greater Rochester AOR (GRAR)
Property Description

Two Cooperstown Homes on 1+ beautiful acres along Red Creek! Use as a Main Home and with Guest House OR both for a vacation property that can fit everyone OR capitalize on each as proven income generators. Offered TURN-KEY: Accumulative potential annual income of $87,000. And that’s primarily utilizing only the summer market. More income is just waiting! Or live in one and rent the other – easy passive income! Known as “The Cottage'' & “The Retreat'', both have undergone significant renovations and improvements. The Retreat is 3Bed-2Bath and plan with a definite lake house vibe. The Cottage is lovely and spacious with 4Bed-2Bath and a hip charm all its own. Each idyllically situated amidst vibrant perennial gardens with an acre of lawn stretching down to a woodland border. Red Creek runs along the base of the property through an enchanting grotto full of dappled sunlight. You'd never know that this private property is just minutes from the Village of Cooperstown Main Street and Otsego Lake! Or how about the other direction; a moments’ drive from Ommegang Brewery, Origins Café, & more! 10 Minutes to Dreams Park yet tucked away from the overcrowded main roads. A perfect location!

Price History
8/15/2023 Listed $690,000

General Features

Interior Features CeilingFans
Sewer SepticTank
Heating Electric,Oil,Baseboard,HotWater
Utilities HighSpeedInternetAvailable,WaterAvailable
Possession CloseOfEscrow
Roof Metal
Appliances ElectricWaterHeater
Exterior Features Patio
Garage Spaces 1.0
Patio/Porch Features Patio
Construction Materials WoodSiding
Year Built 1890
Stories 2
Township Cooperstown-Village
Levels Two
Property SubType MultiFamily
OwnerPays AllUtilities
Waterfront Features BeachAccess,RiverAccess,Stream
County Otsego
Net Operating Income -3798.0
Property Type Residential
Garage Y/N Yes
Rent Includes AllUtilities
Status Active
Directions On the right just past Beaver Meadow road if heading toward Cooperstown and on the Left just before if heading away.
City Middlefield
Body of Water Red Creek
High School District Cooperstown
Total Units 2
MLS Area Cooperstown Village-Middlefield-363801
Lot Size Square Feet 47916.0
Waterfront Y/N Yes
Street Name County Highway 52
Year Built Details Existing
Tax Annual Amount 3798.0
Property Condition Resale
Days on Market 177
Standard Status Active
Middle/Junior School District Cooperstown
Elementary School District Cooperstown
Tax Assessed Value 238889
TaxOtherAnnualAssessmentAmount 0.0

Interior Features

Basement Full
Flooring Hardwood,Laminate,Varies,Vinyl
Total Fireplaces 1
Total Stories 2
Basement (Y/N) Yes
Heating Y/N Yes
Fireplace Y/N Yes
Full Baths 4
Total Bedrooms 7
Total Baths 4

Exterior Features

Parking Features Gravel,TwoorMoreSpaces
Water Source NotConnected,Public
Lot Size Area 1.1
Foundation Details Stone,Slab
Building Area Total 3400.0
Lot Size Acres 1.1
Frontage Length 100
Lot Size Units Acres
Number of Separate Electric Meters 1
Road Frontage Type MainThoroughfare

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Multi-Family Average in 13326

Price
AVG $690K
$690K
Taxes
AVG $3,798
$3,798
Visits
AVG 93
95
Data Provided by Inside Real Estate®
Year Built
AVG 1845
1890
Fair Housing Icon NY Fair Housing Notice