#R1529114, Suzanne Darling GRI, Listing Office: EXIT Realty Homeward Bound
Property details
About 0 County Highway 6
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.
Highlights
Summary
- MLS Number: R1568348
- MLS Name: NYS
- Office Name: EXIT Realty Homeward Bound
- Office Phone: (607) 563-7012
- Listing Agent: Suzanne Darling GRI
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Last updated on: 2/14/2025, 10:20:52 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$250,000
0 County Highway 6
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Price information
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Nearby schools
5
Greater Plains Elementary School
Public District KG-6
5.7 mi
•60 W End Ave
3
Riverside Elementary School
Public District KG-5
6.1 mi
•39 House St
4
Valleyview Elementary School
Public District KG-5
7.5 mi
•40 Valleyview St
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $37,671. Typical income of Otego, NY residents is less than $<35k annually. Most families are single, no kids. The most common level of education of people living in this area is high school diploma.
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Frequently asked questions
About 0 County Highway 6
This home is located at 0 County Highway 6 in Otego, NY and zip code 13825. Features: 0 bathroom. It has been listed on Rocket Homes since September 30, 2024 and is currently priced at $250,000.
Between December and January 2025, Otego, NY real estate market has seen decrease in the number of listings by 33.3%. The median list price of listings available in January 2025 was $244,500, while the average time on the real estate market was 135 days.