$250,000

0 County Highway 6 Unit R1568348 Otego, NY 13825

Estimated payment $1,643/month

Total Views 10,004
5 Acres
$45,956 Price per Acre
236,966 Sq Ft Lot

Highlights

  • River Access
  • Home fronts a stream
  • Spring water is a source of water for the property
  • Views

About This Lot

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.

Listing Agent

Suzanne Darling

Listing by EXIT Realty Homeward Bound Brokerage Phone: 607-563-7012 License #10301204653 Listed on: 09/26/2024

EXIT Realty Homeward Bound

Property Details

Property Type

  • Land

Lot Details

  • 5.44 Acre Lot
  • Lot Dimensions are 0x360
  • Home fronts a stream
  • Cleared Lot

Outdoor Features

  • River Access

Utilities

  • Spring water is a source of water for the property
  • Sewer Not Available

Additional Features

  • Property Views

Listing and Financial Details

  • Tax Lot 25
  • Assessor Parcel Number 307.00-1-25.00

Property Details

Property Type

Land

Lot Details

0

Listing Details

  • Development Status: Other, See Remarks
  • Property Sub Type: Other
  • Property Type: Land
  • Attribution Contact: 607-563-7012
  • Lot Features: Other, See Remarks, Cleared
  • Road Frontage Type: None, Right of Way
  • Water Body Name: Otsdawa Creek
  • Directions: from Otego NYS 7 to CR 7 to CR 6 to property on left
  • ResoBuildingAreaSource: PublicRecords
  • Property Sub Type Additional: Other
  • Special Features: None

Interior Features

  • Possible Use: Other

Exterior Features

  • Acres: 5.44
  • View: Yes
  • Waterfront Features: River Access, Stream
  • Waterfront: Yes
  • Exterior Features: See Remarks

Utilities

  • Utilities: Electricity Available, Sewer Not Available
  • Water Source: Spring

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Junior High Dist: Unatego

Lot Info

  • Parcel Number: 307.00-1-25.00
  • Lot Dimensions: 0X360
  • Lot Size Sq Ft: 236966.0
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 57.0
  • Tax Lot: 25

Map

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/26/2024 09/26/24 For Sale $250,000 -- --
Source: Otsego-Delaware Board of REALTORS®

Source: Otsego-Delaware Board of REALTORS®

MLS Number: R1568348

Otsego-Delaware Board of REALTORS®

New York Otsego County Otego 13825

0 County Highway 6 Unit R1568348, Otego, NY

This home is located at 0 County Highway 6 Unit R1568348, Otego, NY 13825 and is currently priced at $250,000. 0 County Highway 6 Unit R1568348 is a home located in Otsego County with nearby schools including Unatego Junior/Senior High School.

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Suzanne Darling
Listing Agent
Suzanne Darling
Section Image
EXIT Realty Homeward Bound
(607) 524-3838