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  • $250,000

    0 County Highway 6 #25, Otego, NY 13825

    --beds
    0baths
    5.44Acres
    Unimproved Land
    Built in ----
    5.44 Acres Lot
    $-- Zestimate®
    $--/sqft
    $-- HOA

    What's special

    BUSINESS OPPORTUNITY: Spring Water Complex Looking for an entrepreneurial opportunity? A 5.44-acre spring water complex built in 1889, which at one time served as the municipal water supply for the town of Otego, is available for purchase. All old infrastructure is in place, including in-ground concrete reservoirs built during an improvement project in 1900 and piping leading from the springs to the reservoirs. The spring was abandoned in 1930 due to increased demand from development in the town. At one time the estimated water production was over 200,000 gallons per week. The opportunity to restore the complex still exists, and in fact the production potential can be increased by applying modern technologies. A right of way will be granted across the sellers adjoining land. Seller will consider financing with 50% down for a maximum of 10 years or 3 years from when the buyer begins producing spring water, whichever is sooner. The west branch of Otsdawa Creek runs through the property.
    668 days
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    18
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    0
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    Zillow last checked:

    Listing updated:

    Listed by:

    EXIT Realty Homeward Bound 607-353-8060,

    Suzanne Darling GRI 607-563-7012

    Source: NYSAMLSs,MLS#: R1568348MLS LogoOriginating MLS: Otsego-Delaware

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bathrooms: 0
      Features
      • Has fireplace: No

      Property

      Features
      • Exterior features: See Remarks
      • Has view: Yes
      • View description: Scenic
      • Waterfront features: River Access, Stream
      • Body of water: Otsdawa Creek
      • Frontage length: 660
      Lot
      • Size: 5.44 Acres
      • Dimensions: 0 x 360
      • Features: Other, See Remarks, Cleared
      Details
      • Additional structures: None
      • Parcel number: 307.00125.00
      • Special conditions: Standard
      • Wooded area: 0

      Utilities & green energy

      • Sewer: None
      • Water: Spring
      • Utilities for property: Electricity Available, Sewer Not Available

      Community & HOA

      Location
      • Region: Otego

      Financial & listing details

      • Tax assessed value: $2,200
      • Annual tax amount: $57
      • Date on market: 9/26/2024
      • Cumulative days on market: 340 days
      • Listing terms: Cash,Conventional,Other,See Remarks

        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        DateEventPrice
        9/26/2024Listed for sale$250,000
        Source: NYSAMLSs #R1568348 Report a problem

        Public tax history

        Tax history is unavailable.

        Monthly payment

        Estimated monthly payment$1,822
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: 13825

        Getting around

        0 / 100
        Car-Dependent

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • District: Unatego

        Source: NYSAMLSs. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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