597 Greenough Rd
Property Description
Investment Opportunity Near Cooperstown Dreams Park! Located on a quiet country road just minutes from the Village of Cooperstown and Cooperstown Dreams Park, this seasonal two-family home offers outstanding potential for investors, entrepreneurs, or buyers looking to restore a proven income-producing property. Situated on 0.59 acres, the home features two separate units, each offering 2 bedrooms and 1 full bathroom. The kitchens and bathrooms have already been updated, providing a great starting point for the next owner to bring this property back to its full potential. Previously operated as a successful Cooperstown Dreams Park rental, each unit generated approximately $1,000 per week during the baseball season. With some repairs, cosmetic improvements, and a little sweat equity, this property has the opportunity to become a strong seasonal investment once again. Outside, you'll find a spacious deck (currently in need of repair), a level .59 acre yard, and a convenient storage shed for lawn equipment and seasonal items. The property is being sold as a seasonal residence. There is no heat source, and the insulation is unknown, making it ideal for seasonal occupancy or for buyers interested in making additional improvements at a competitive Cooperstown entry level price.
Key Property Information
| Listing Status: | Pending Sale |
|---|---|
| Listing Type: | Call for offers |
| Property Types: | Apartment Buildings |
| Price: | $195,000 |
| Year Built: | 1900 |
| Opportunity Zone: | No |
| Property Website | Click Here |
| Number of Bedrooms: | 4 |
| Number of Bathrooms: | 2 |
ID: 3yd-NYSMLS-11882750
Investment Analyzer
Sponsored by:
Step 1Financing Calculation
Step 2Gross Rent Analysis
Please enter annual amounts.
Step 3Cap Rate Calculation
Step 4Final Deal Analysis
Similar Properties in the Area
5801 Ellsworth Ave
Shadyside, Pennsylvania
616 Union St
California, PennsylvaniaBrokers
View All-
Remax Professionals
Re/Max Real Estate Professionals | New York
-
Jared Ennis
Central CA Commercial | California
-
Rick Recckio
Recckio Real Estate & Development
-
Eamonn McConnell
Avison Young - CA - ON - Greater Toronto
Lenders
View AllManagement
View All-
Essex Property Trust, Inc.
California
-
Josh A
California
-
Bob Tuteur
-
Andrew Schildcrout