Mary M Chiera

348 Vandeusen Road, Davenport, NY 13750

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Property Description

**INCOME EARNING OPPORTUNITY** This one-acre parcel in Davenport holds three park-owned manufactured homes. All are single-wide units in good condition. Unit 1 offers 3 bedrooms and 2 full bathrooms, a front stoop and a nice rear porch. Unit 2 is a tidy 3 bedroom, 1 full bath with convenient parking and a nice woodland view out the back. The third unit weighs in at 2 bedrooms and 2 full bathrooms. All three units are occupied and paying rent. No vacancies to fill, no renovation to finish before the income starts. Landscaping around the grounds is nearly complete, making for a very nice income-producing package for the savvy investor. Each home has had a selection of recent updates to appliances, heating, and electrical systems, with the seller reporting all work approved by town code enforcement. Two septic systems serve the site, one installed in 2008 and the other in 2023, along with approved water and electrical service already in place. It's the kind of infrastructure a buyer wants to see already sorted rather than inherited as a project. Combined, the three units bring in $3,100 a month - $1,300, $900, and $900 - for $37,200 a year in gross rent off a single acre. That's the kind of concentration that appeals to an investor who'd rather manage one parcel with three roofs than three scattered rentals across the county: one tax bill, one insurance policy, one driveway to plow, and three sets of tenants paying into it. Davenport itself does some of the work here. It's rural enough to feel like home, close enough to Oneonta, Hobart and Delhi that tenants have jobs, schools, and shopping within easy reach - the kind of setting that keeps units filled without a lot of turnover. For an investor looking for straightforward, already-producing income on a small footprint, this one is worth a serious look.

348 Vandeusen Road | MLS# R1703429

This multi-family property located at 348 Vandeusen Road, Davenport, NY 13750 is currently listed for sale with an asking price of $300,000. Vandeusen Road is located within the Charlotte Valley school district. Search Davenport real estate on maree-chiera.coldwellbankerprime.com today.

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Property Features

Property Type: Multi Unit - Multiple
Basement: None
Heating: Electric, Propane, Baseboard, Forced Air
Lot Size: 1.00 Acres
Roof Type: Asphalt, Metal, Shingle
Stories: 1.0
Taxes: $1,933
Year Built: 2008

Amenities

Ceiling Fan(s)
Sliding Glass Door(s)
Deck
Propane Tank - Leased

Feature Descriptions

Appliances: Electric Water Heater
Days on Site: 2
Door Features: Sliding Doors
Exterior: Aluminum Siding, Vinyl Siding
Flooring: Carpet, Laminate, Varies
Lot: Rectangular, Rectangular Lot, Rural Lot
Lot Dimensions: 131X280
Parcel#: 122600-017-000-0002-017-000
Parking: Gravel, Unpaved
Parking Notes: Gravel, Unpaved
Patio/Porch: Deck, Open, Porch
Sewer: Septic Tank
Units: 3
Utilities: High Speed Internet Available
Water: Well

Local Schools

School District: Charlotte Valley

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Estimated Payment

$ 916.25 per month $667.67 Principal & Interest $161.08 Property Tax $87.50 Homeowner's Insurance

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Demographics

Listed By / Shown By

Listing By

Agency Name: Keller Williams Upstate NY Properties
Agency Contact: (607) 435-0470

Shown By

Agent Name: Mary M Chiera
Agent Phone: (518) 423-7569 Primary
Agency Title: Coldwell Banker Prime Properties

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