NYLandQuest #: lq42481

Country Apartment Building in Laurens NY 1587 County Highway 11 near Cooperstown

Under Contract!

Country apartment building with 8 units in the Oneonta and Cooperstown market.

Unique and Profitable Property owned by the same family for over 70 years!

For many years known and enjoyed as the Mt. Vision Inn and then turned into an attractive 8 unit, 8000 sq ft  apartment bldg. with country valley views and room for the tenants to enjoy walks, gardening, outdoor games, picnics and private time with nature and fresh air.  On 9 acres with Gorgeous Views!

The family owners have kept the premises in excellent condition!  This becomes obvious immediately to anyone who visits the property whether it is friends or family members of renters or the summer visitors that come to visit nearby Cooperstown and Oneonta tourist attractions, such as the Baseball Hall of Fame, Dream Park, Farmers Museum, Wineries or the nearby Lakes and State Parks.  The owners keep one large unit open for those seasonal renters who want to stay for a week or two.  There is another 1000 sq ft unit that was once a dining area in the Inn (with a bathroom and a kitchen area), that is being used for storage and with a modest investment could be converted into another apartment or seasonal rental.

You don’t have to be an accountant to see the potential for this business to soon pay for itself at this price!  The mature owners have decided it is time to move on.  This is the perfect opportunity for another group or family or individual to occupy and rent if they so desire.  The list of amenities (including laundry, storage and exercise rooms) and improvements is lengthy and all has been well-maintained.  The only vacant apartment is ready to be occupied by a buyer or a renter.  The owners decided not to rent this out even on a weekly basis so it could be easily shown to prospective buyers.

There is much more!  If you want more room to expand your business or for your own recreation, there are many more acres of land with timberland, fields bordered by a popular trout stream, road frontage with additional home sites, and an attractive 2096 sq. ft., 3 bedroom, 2 bath home with fireplace and attached 2 car garage and large landscaped yard!  All will become available but the Stone Meadow Apt. building will be sold first and therefore that buyer will also get first shot at buying the additional property.  This is a once-in-a-lifetime opportunity for an ambitious buyer!

There is much to talk about and see here and you will not be disappointed!  The more you see, the more you will appreciate the value and quality of this property.  We ask that all interested buyers please be qualified, and ready to show that they are, before they contact us for showings.

Offered at $349,900.  Contact Norm Niggli 607-237-1949 for more information and to schedule a private showing.

Size: 9 Acres Price: $349,900
Town: Laurens County: otsego
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