0 Cr-6 Otego Ny 13825
Description
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...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.
- Listed by Suzanne Darling GRI • EXIT Realty Homeward BoundP: (607)-353-8060 C: (607)-563-7012 sue.a.darling@gmail.com
Property Details for 0 Cr-6 Otego Ny 13825
Property Details for 0 Cr-6 Otego Ny 13825
| Status | Active |
|---|---|
| MLS # | R1568348 |
| Days on Market | 52 |
| Taxes | $57 / year |
| HOA Fees | - |
| Condo/Co-op Fees | - |
| Compass Type | Land |
| MLS Type | Land / Other |
| Year Built | - |
| Lot Size | 5.44 AC |
| County | Otsego County |
Building Information for 0 Cr-6 Otego Ny 13825
Property Information for 0 Cr-6 Otego Ny 13825
- Development Status: Other, See Remarks
- Elementary School District: Unatego
- High School District: Unatego
- Middle Or Junior School District: Unatego
- Village: Not Applicable
- View: Scenic
- View YN: Yes
- Human YN: Yes
- Area NYSWIS Code: Otego-364889
- Tax Annual Amount: $57.00
- Building Area Source: Public Records
- Num Of Crop Acres: 0.0
- Land Features: Other, See Remarks, Cleared
- Num Of Acres: 5.44
- Lot Size Area: 5.44
- Lot Size Square Feet: 236966.0
- Lot Size Units: Acres
- Parcel Number: 307.00-1-25.00
- Num Of Pasture Acres: 0.0
- Possible Uses: Other
- Road Frontage: None, Rightof Way
- Lot Number: 25
- Num Of Wooded Acres: 0.0
- Senior Community YN: No
- Assessed Value: $2,200
- Property Sub Type Additional: Other
- Sewer Description: None
- Utilities Available: Electricity Available, Sewer Not Available
- Water Supply: Spring
- Exterior Features: See Remarks
- Waterfront Footage: 660
- Other Structures: None
- Waterfront Name: Otsdawa Creek
- Num Fireplaces Total Calculated: 0
- Fireplace YN: No
- Main Level Bathrooms: 0
- Number Of Units Total: 0
- Lease Amount Per Area Unit: Dollars Per Square Foot
Property History for 0 Cr-6 Otego Ny 13825
| Date | Event & Source | Price | Appreciation |
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| Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Schools near 0 Cr-6 Otego Ny 13825
Rating | School | Type | Grades | Distance |
|---|---|---|---|---|
| Public - | PK to 5 | |||
| Public - | 6 to 8 | |||
| Public - | 9 to 12 |
Rating | School | Distance |
|---|---|---|
Unadilla Elementary School PublicPK to 5 | ||
Unatego Middle School Public6 to 8 | ||
Unatego Junior Senior High School Public9 to 12 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity. Subject to change at any time. Compass makes no guarantee, warranty or representation regarding the accuracy of any waterfront feature, water view or waterfront view.
Listing Courtesy of EXIT Realty Homeward Bound
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