6558 State Highway 7 Maryland, NY ^$ 250,000

6558 State Highway 7

^$ 250,000

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6558 State Highway 7

Maryland, NY, 12116

^$ 250,000

Bedrooms7 Baths0.0 Sq 8,153

Monthly Estimate*

^$ 1,662

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Commercial Property for sale in Maryland, NY

for $250,000 with 7 bedrooms. This 8,153 square foot building was built in 1920 on a lot size of 1.14.

Impressive investment opportunity in a great location close to Oneonta and Cooperstown. Five 2 bedroom apartments in one historic building plus 2 trailers and another that pays lot rent. Building needs some work. Reliable long term tenants that want to stay. Could be owner occupied. Lovely 1.14 acre parcel offers beautiful views of rolling fields and mountains. New roof in 2015, septic pumped in 2021, other plumbing and electrical upgrades. High speed internet and cable available. Similar properties are few and far between. Don't miss this great opportunity!

Commercial Pending

Price

^$ 250,000

Bedrooms

Property Type

Commercial

Taxes

^$ 8,776

Style

Commercial

Lot Size

1.14

Year Built

1920

Town/City

Maryland

County/Region

Otsego

MLS | Web ID

R1489316

Features

General

Sewer SepticTank

Heating Other SeeRemarks

Cooling Other SeeRemarks

Utilities HighSpeedInternetAvailable

Possession CloseOfEscrow

Roof Asphalt

Appliances ElectricWaterHeater FreeStandingRange Oven Refrigerator WaterSoftenerOwned

Exterior Features DirtDriveway

Construction Materials WoodSiding

Year Built 1920

Stories 2

Township Not Applicable

Levels Two

Property SubType Commercial

County Otsego

Net Operating Income -8776.0

Property Type CommercialSale

Rent Includes Other SeeRemarks

Status Pending

Directions From Oneonta: Take Main Street/Rt 7 East 7.2 miles. Property is on the right just before the Word of Faith Church.

City Maryland

High School District Schenevus (Andrew S. Draper)

Total Units 7

MLS Area Maryland-363600

Lot Size Square Feet 49658.0

Waterfront Y/N No

Street Name State Highway 7

Year Built Details Existing

Tax Annual Amount 8776.0

Property Condition Resale

Days on Market 169

Standard Status Pending

Middle/Junior School District Schenevus (Andrew S. Draper)

Elementary School District Schenevus (Andrew S. Draper)

Tax Assessed Value 201400

TaxOtherAnnualAssessmentAmount 0.0

Tax Lot 23

Property Sub Type Additional Commercial

Interior

Basement ExteriorEntry WalkUpAccess

Flooring CeramicTile Hardwood Laminate Tile Varies Vinyl

Total Fireplaces 0

Total Stories 2

Fireplace Y/N No

Total Bedrooms 7

Main Level Bathrooms 0

Total Baths 0

Exterior

Parking Features ThreeormoreSpaces

Water Source Well

Lot Size Area 1.14

Building Area Total 8153.0

Lot Dimensions 131X449

Lot Size Acres 1.14

Lot Size Units Acres

Road Frontage Type MainThoroughfare

Internal Only

Street Number 1 6558

* Excluded Features

List By

Keller Williams Upstate Ny Properties

Broker

(607) 643-2156

Phone

Affordability Calculator

$2,393

Per Month

Monthly Principal & Interest: $1,662
Monthly Property Taxes: $731
Monthly Home Insurance: --

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Down Payment

Loan Term

Interest Rate

Yearly Property Taxes

Yearly Home Insurance

Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Commerical listings in Maryland, NY

Average List Price ^$299,500

Percent of Sale Price 20%

About Maryland, NY

1,882 Population

-3% Since 2002

^$47,941 Median Income

46.96 Median Age

18% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

4122820 Elementary School

4122722 Middle School

Unknown High School High School

Pricing History

Date	Price	Price Change	Description
10/8/2023	$250,000	-3.85%	Price Down
9/21/2023	$260,000	-7.14%	Price Down
8/4/2023	$280,000		Listed Price

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6558 State Highway 7, Maryland, NY, 12116 is a Commercial Property for sale at $250,000 with 8,153 sqft and a lot size of 1.14. 6558 State Highway 7 has 7 bedrooms, 0.0 baths, and was built in 1920. The property's zip code is 12116 which is in Maryland, NY

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

The data relating to real estate on this web site comes in part from the Internet Data Exchange (IDX) Program of NYSAMLS. Real estate listings held by firms other than Weichert Realtors are marked with the IDX logo and detailed information about them includes the Listing Brokers Firm Name.

All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither the listing broker(s) nor Weichert Realtors shall be responsible for any typographical errors, misinformation, misprints, and shall be held totally harmless. Copyright 2024 All rights reserved.

Fair Housing Notice (FHN)-https://www.dos.ny.gov/licensing/docs/FairHousingNotice_new.pdf

Data is updated as of 6/10/2024.

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6558 State Highway 7

Commercial Property for sale in Maryland, NY

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