641 Furnaceville, Richmondville, NY 12149

Property Description

Prime Multi-Family Investment & Value-Add Opportunity! Set on 1.5 acres, this property features two multi-unit structures with four existing apartments, separate utilities for each unit, and room to expand. Building 1 to the right of the driveway -contains Apartment 1: (1 bedroom, 1 bathroom) along with an attached garage and an unfinished upper loft area with interior and exterior access along with another unfinished apartment on the lower level—offering clear potential to finish and build out 1 to 2 additional income-producing apartments. Building 2 houses the remaining 3 units: Apartment 2 offers a spacious 1,050 sq ft 2-bedroom, 1-bathroom layout with a large living room, an expansive kitchen featuring a custom oak island and in-unit laundry in the bathroom; Apartment 3 is a vacant 300 sq ft open-concept 1-bedroom, 1-bathroom unit featuring a new water heater; and Apartment 4 is a vacant 850 sq ft top-floor unit with 2 bedrooms, 1 bathroom, fresh paint, new flooring, updated bathroom piping, and a private deck off the kitchen. Exterior and building feature private porch and side entryways, a nice side yard, and a path leading down to a wooded lower yard perfect for gatherings along with a 2-car attached 24x36 garage equipped with oil heat and electric. Commuter conveniences with the property situated just 20 minutes to Cobleskill, 35 minutes to Cooperstown and Oneonta, and 1 hour to Albany. Room for additional income and a great investment or owner occupied!