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.
Property Details
Property Features
Listing Office:
Office Name: EXIT Realty Homeward Bound
Office Phone: (607) 563-7012
Listing Agent: Suzanne Darling GRI
Exterior Features
Exterior Information:
Waterfront: River Access, Stream
View: Scenic
Exterior: See Remarks
Lot Features
Lot Information:
Lot: Other, See Remarks, Cleared
Lot Size: 5.44 Acres
Other
Directions Information:
Directions: from Otego NYS 7 to CR 7 to CR 6 to property on left
Price Information
Listing Price Info
Price Summary:
List Price: $250,000
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Housing Market Comparison
See how this home compares to others in Otego, NY.
This property is $500 more than the Median Sold Price in Otego, NY.
Based on homes sold in October 2024
MLS Details
MLS Information:
MLS Name: NYS
MLS Number: #R1568348
Listing Office:
Office Name: EXIT Realty Homeward Bound
Office Phone: (607) 563-7012
Listing Agent: Suzanne Darling GRI
The data relating to real estate on this website comes in part from the Internet Data Exchange (IDX) Program of NYSAMLS’s. Real estate listings held by other firms are marked with theListing Broker’s Firm Name. Data provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties that consumers may be interested in purchasing. 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 this firm shall be responsible for any typographical errors, misinformation, misprints, and shall be held totally harmless.
This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available. Last updated on: 11/24/2024, 10:20:49 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Property Sales & Tax
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Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
5
/10
Greater Plains Elementary School
60 W End Ave
Distance between this listing and this school5.65 miles
Public District Grades KG-6
4
/10
Riverside Elementary School
39 House St
Distance between this listing and this school6.10 miles
Public District Grades KG-5
4
/10
Valleyview Elementary School
40 Valleyview St
Distance between this listing and this school7.49 miles
Public District Grades KG-5
Nearby Schools
5
/10
Unatego Middle School
2641 State Highway 7
Distance between this listing and this school3.90 miles
Public District Grades 6-8
5
/10
Oneonta Middle School
130 East St Ste 1
Distance between this listing and this school7.65 miles
Public District Grades 6-8
7
/10
Sidney Middle School
13 Pearl St E
Distance between this listing and this school12.96 miles
Public District Grades 7-8
Nearby Schools
5
/10
Unatego Junior-Senior High School
2641 State Highway 7
Distance between this listing and this school3.90 miles
Public District Grades 9-12
5
/10
Franklin Central School
26 Institute St
Distance between this listing and this school5.55 miles
Public District Grades PK-12
6
/10
Oneonta Senior High School
130 East St Ste 2
Distance between this listing and this school7.66 miles
The neighbors living near this home have an average income of $37,671. Most Otego, NY residents have annual incomes less than $35k. Typical family type is single, no kids. Most residents in this area have high school diploma education.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 0 County Highway 6
What is the listing price of this property?
The listing price of 0 County Highway 6 property is $250,000.
What type of property is this?
The property 0 County Highway 6 is land located in Otego, New York, 13825.
Is this property for sale now?
Active Listing: 0 County Highway 6 is For Sale (Active/New) which means the seller is accepting offers.
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This home is located at 0 County Highway 6 in Otego, NY and zip code 13825. This home sits on a 5.44 acre lot. It has been listed on Rocket Homes since September 30, 2024 and is currently priced at $250,000.
While more than 0 listings in Otego, NY in October 2024 were sold above asking price, there were more than 1 listings sold at asking price, and more than 0 were sold below. The number of homes for sale in Otego, NY decreased by 35.7% between September 2024 and October 2024. The median list price of listings available in October 2024 was $249,500, while the average time on the real estate market was 16 days.
From Rocket Homes Real Estate and based on county public records data.