16-20 Lewis Street

About this home

SELF STORAGE FACILITY W/ADDED INCOME FROM COMMERCIAL TENANTS! 1.25 ACRES in the City of Oneonta at the corner of Lewis St and Delaware Ave. The property consists of a house with large extension that is currently rented to two businesses, 34 SELF-STORAGE units plus rented parking/storage spots. As you can tell from the photos there is still a large lot that could be easily further developed with additional storage units. Facility Breakdown: 9-10X20's, 2-10X10's Portable, 3-6X12's Portable, 20-5X10's Portable. Multiple-Trailer parking spots. All tenants (except one) are autopay, everything is automated through the website. Custom website integrated with rental software. URL is owned and will transfer with sale. The portable units will be sold with the business as equipment inventory as they are portable and not permanent units/buildings. 16-20 Lewis Street: 2-Commercial tenants. 16 Lewis St is a long term tenant with a lease in place till summer 2027 $1300/mo. 20 Lewis St has been there for (10+years) but intends to eventually move out, date of move out is unknown at this time, tenant is on a month to month. $1600/mo. Tenants pay heat/electric/garbage (separate utilities). Heat is Natural gas. Expenses for all the lots: Water $550/yr. Insurance is approximately $2,800/yr. Software $360/yr. Taxes:16-20 Lewis St $2,301.08 (School) & $1,690.29 (City). 13 Lewis St $219.15 (School) & $166.64 (City). 1 Delaware Ave $394.47 (School) & $299.97 (City). Maintenance/landscaping/snow removal performed by owner/manager. Total rent roll when fully occupied is approximately $5,820/month. This listing also includes 13 Lewis Street and 1 Delaware Avenue, Tax Map# 300.7-2-10 and 300.7-2-45.

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Location

Oneonta, NY 13820 · Otsego County

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