Remarks

Assisted living home for sale. Located on a primary county road in a quiet area yet less than 2 miles from Gaylord's Main St. There's a park across the street. 2568 sqft 1-story ranch. It's handicap accessible, 2.5 stall attached garage. 4 Bedrooms, 2 full bathrooms, office, & a big living & dining area. Fenced-in backyard along with about 3.5 acres of forest on this 5 acre parcel. Licensed for up to six residents, type is adult foster care, more info on license in photo set. State subsidized rent, current tenant has had a lease on this property that pre-dates seller's purchase in 1991. New Lease agreement starts 10/1/2024 at $1701.53/mo. increasing every year. Current rent is $1651.98/mo. Possession: Tenants' Rights through 9/30/2028 (end of lease agreement).

Details

MLS#: 201828939
Price: $320,000

Style: residential
Bedrooms: 4
Baths Full: 2
Baths Half: 0
Sq Ft: 2578

County: Otsego County