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Property Description

Get paid to live in the beautiful village of Cooperstown, NY…Home of the National Baseball Hall of Fame. Two stellar investment properties generating over $161,000 of income a year. Well run and turn key, with bookings in place to be an instant money maker. The Rose and Thistle Bed and Breakfast and Storybook Apartment house packaged together. The Rose and Thistle B&B rents 3-5 Bedrooms (all with private baths), depending on the season, accommodating up to 12 guests. Currently has over 240 nights booked for 2016 at average price of $165/night. The owner has many return guests annually. Beautiful woodwork and period furniture take you back to the Victorian era. Outfitted with large laundry and an additional finished room in the basement, there is plenty of room for the owners. Storybook House Apartments is a five unit rental property, rented 12 months a year; 3 Months in the summer at weekly rates to baseball tourists and then 9 months at monthly rates. It produces over $45,000 in NET income per year. These special properties include three tax parcels. 3rd tax parcel includes parking lot and potential for expansion. Located in the perfect location, in village, close to dining, Bassett hospital and convenient to the Cooperstown Dreams Park. Both properties have an excellent rental history. Newer roofs, re-pointed chimney, new water and sewer lines in 2013. This investment has been steadily improved upon and well maintained. Purchase now to take advantage of steady rental income and the summer’s tourist season.