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0 County Highway 6

Otego, NY 13825
  • $250,000
  • STATUS: Active
  • ON SITE: 11 Days
  • MLS #: R1568348
$250,000
  • 0
    BEDS
  • 5.44
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Vacant Land / Lots
County:
Area:

School Ratings & Info

School District:

Description

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.

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©2024 CNYIS, GENRIS, WNYREIS. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties 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 Symphony Real Estate, LLC shall be responsible for any typographical errors, misinformation, misprints, and shall be held totally harmless.

The data relating to real estate on this web site comes in part from the Internet Data Exchange (IDX) Program of NYSAMLS’s. Real estate listings held by firms other than Symphony Real Estate, LLC are marked with the IDX logo and detailed information about them includes the Listing Broker’s Firm Name. Data last updated: 2024-10-08T00:14:14.483.
www.symphonyofhomes.com/homes/155861579
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0 County Highway 6 Otego, NY 13825

  • Price: $250,000
  • Status: Active
  • On Site: 11 Days
  • MLS #: R1568348
0
Beds
0
Baths
0
½ Baths
5.44
Acres
Neighborhood:
Otego-364889
County:
Otsego
Area:
Otego-364889
School District:
Unatego
Property Description
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.
Exterior Features

Exterior Features See Remarks Frontage Length 660 Lot Features Other See Remarks Cleared Other Structures None Road Frontage Type None Right of Way View Scenic View YN Yes Water Body Name Otsdawa Creek Waterfront Features River Access Stream Waterfront YN Yes

Interior Features

Fireplace YN No Fireplaces Total 0

Property Features

Development Status Other See Remarks Documents Available Aerial Deed Listing Terms Cash Conventional Other See Remarks Possession Close Of Escrow Possible Use Other Property Sub Type Other Sewer None Special Listing Conditions Standard Tax Annual Amount 57 Utilities Electricity Available Sewer Not Available Water Source Spring

Greater Rochester Association of Realtors logo Listing information © 2024 CNYIS, GENRIS, WNYREIS. Listing provided by Suzanne Darling of EXIT Realty Homeward Bound : 607-563-7012.
©2024 CNYIS, GENRIS, WNYREIS. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties 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 Symphony Real Estate, LLC shall be responsible for any typographical errors, misinformation, misprints, and shall be held totally harmless.

The data relating to real estate on this web site comes in part from the Internet Data Exchange (IDX) Program of NYSAMLS’s. Real estate listings held by firms other than Symphony Real Estate, LLC are marked with the IDX logo and detailed information about them includes the Listing Broker’s Firm Name. Data last updated: 2024-10-08T00:14:14.483.
 
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