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Opening Bid
$25,000
Opening Bid

16 Main Street

East Worcester, NY 12064, Otsego County

8

Beds

4

Baths

2,200

Sq. Feet
234 Views
Accepted Payment Type
Cash
Accepted Contingencies
None
Earnest Money Deposit
5% ($2,500 min)
Additional Documents
Review additional documents here.
Listing Agent - Matt Loder
(518) 378-1235
Matt Loder
Online Auction - Now Bidding!
Est. Resale Value
$203,000
Bidding Ends In
2h 59m
Duration
Apr 14, 3:48pm - Apr 28 GMT
Opening Bid
$25,000
Bid Increment
$25,000
Reserve Not Met

Important Information

Property Details

Beds
8
Baths
4
Square Footage
2,200
Lot Size (Acres)
5.56
Property Type
Duplex Building
Year Built
1914
Special Notes
A perfect investment opportunity with this 2200 sq ft Duplex on an oversize lot. Boasting five outbuildings including Huge solid amish made barn, two car detached garage, chicken coop, and two sheds. Side by side units each have 4 bedrooms, one unit has two kitchens with new stainless steel appliances both have two bathrooms with separate utilities, separate oil tanks and separate hot water heaters, upgraded electric new panel boxes new sub panels and pex plumbing, three washer dryer hookups, new shower mixers and faucets, featuring all decor switches and outlets with new lighting fixtures. Property has new staircases, two Covered porches and balcony allow for comfortable relaxation to enjoy the beautiful mountain and wildlife views. House sits on 422' of road front property x 624'x 416' x 575' (5.56 Acres) Oak Creek runs along the back of the property. Just outside the Village of East Worcester, within walking distance to Main St. Both units have been recently remodeled. Featuring new drywall, new insulation, new doors, new flooring, new tiled bathrooms, vanities, toilets, sinks, counters, cabinets, ceiling fans, faucets and more. Basement has two new oil furnaces two new hot water heaters, Outside has been 3/4 finished Vinyl siding and Metal roof on 3/4 so far. Both units are tenant occupied $2600 total monthly income with on time tenant payments always. Perfect to add to your rental portfolio. One tenant in #14 has a two year lease at $1200 monthly and tenant in unit #16 is a month to month rental agreement at $1400 monthly.

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Top FAQs

Will I be able to see the interior of the house, or inspect the property before I bid?
Please check on this page for any mentioning of Open Houses, Private Tours available, or Inspection Contingency accepted. If none of these are available, you shall assume that you will not be able to see the interior of the house, and you are not entitled to an inspection prior to bidding.
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Will the property be free and clear of all liens?
Private Seller properties are typically offered with clear title. However, it's the buyer's responsibility to do their own due diligence like a title search and talk to a professional to check for any debts or issues before bidding.
What happens if I am the winning bidder?

If you are the highest bidder at the end of an auction, here are your post-auction obligations:

  1. Contract Information: You'll receive an email confirming you have the highest bid. You will then need to provide important contracting information by filling out a form online. You can preview the required information on this form as a printable checklist. Make sure to submit the form within 1 business day.
  2. Purchase Agreement: Once everything is verified, the Purchase Agreement will be generated and you will need to sign and return the document for the seller to review and sign.
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Transaction Details

  • By submitting a bid or offer, Buyer agrees to sign the Purchase Documents in compliance with the Participation Terms. The Seller is not bound to any agreement with Buyer until the Purchase Documents have been signed by both parties.

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DISCLAIMER: The content provided herein, including property photos and characteristics, has been gathered from various third parties and has not been verified. No representation or warranty is made by Auction.com regarding the accuracy or completeness of any content regarding the property. Property photos are not intended as a substitution for a bidder's own due diligence. Photos may not depict the condition of the property as it exists on the date of sale or closing. All bidders are responsible for conducting their own due diligence before bidding and are encouraged to seek independent professional advice if necessary.
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