Bryan Bennett | Realtor® | The Mosher Team at River Hills Properties

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$120,000
10 Days On Site

8 Lake Street
Richfield, NY 13439

For Sale|Business|Active
0
Beds
0
Total Baths
5,880
SqFt
$20
/SqFt
1950
Built
County:
Otsego
Listing courtesy of Kathryn Moxham of Coldwell Banker Faith Properties Il 3157174047
Call Now: 315-612-6683
Is this the listing for you? We can help make it yours.
315-612-6683
8 Lake Street8 Lake Street8 Lake Street8 Lake Street
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Monthly Payment (Est.)

$547
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An outstanding opportunity for investors seeking both immediate income and future development potential. This offering includes two separate parcels: a fully rented five-unit building and an adjoining vacant lot, providing flexibility for expansion, added parking, or long-term appreciation. The building features a desirable mix of units: Two 1-bedroom apartments Three 2-bedroom apartments Well-maintained and consistently leased, the property delivers strong, reliable cash flow. The additional lot opens the door to further value creation-whether you explore new construction, green space, or extended tenant amenities. Located in a convenient and high-demand area, this package is ideal for both seasoned investors and those looking to strategically grow their portfolio.

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Listing Snapshot
Price 
$120,000
Days On Site 
10 Days
Bedrooms 
N/A
Inside Area (SqFt) 
5,880 sqft
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.08 Acres
Year Built 
1950
MLS® Number 
S1651369
Status 
Active
Property Tax 
$2,810
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
a week agoListing first seen on site
a week agoListing updated with changes from the MLS®
General Features
Acres 
0.08
Cross Street 
Main St
Levels 
Two
Number Of Stories 
2
Parking Spaces 
8
Property Sub Type 
Business
Sewer 
Public Sewer
Special Circumstances 
Standard
SqFt Total 
5880
Utilities 
Sewer ConnectedWater Connected
Water Source 
Public
Zoning 
1
Interior Features
Basement 
Full
Heating 
Natural GasElectricBaseboardHot Water
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Exterior Features
Construction Details 
BlockWood Siding
Lot Features 
Irregular Lot
Roof 
Shingle
Community Features
Financing Terms Available 
Cash
MLS Area 
Richfield Springs-Village-365601
School District 
Richfield Springs
Township 
Richfield Springs-Village
Schools
School District
Richfield Springs
Elementary School
Unknown
Middle School
Unknown
High School
Unknown
Listing courtesy of Kathryn Moxham of Coldwell Banker Faith Properties Il 3157174047



The data relating to real estate on this website comes in part from the Internet Data Exchange (IDX) Program of NYSAMLS’s. Real estate listings held by firms other than are marked with the IDX logo and detailed information about them includes the Listing Broker’s Firm Name.

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 shall be responsible for any typographical errors, misinformation, misprints, and shall be held totally harmless. © Last checked: 2025-11-27 11:23 PM UTC CNYIS, UNYREIS, WNYREIS. All rights reserved.

Neighborhood & Commute
Source: Walkscore
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