$250,000

0 County Highway 6 , Otego, NY 13825

 
Bedrooms:0 beds
Bathrooms:0 baths
Land:0 sqft
Lot:5.44
Year Built:--
Listing Status:Active

Listing Agent

Suzanne Darling
http://www.exithb.com
Loan Amount:
Interest:
Term (Years):
Annual Tax:
Monthly Principal + Interest:$
Monthly tax: $
Total Payment:$

These amounts are estimates and do not take into consideration other expenses such as PMI, etc.. This is only an estimate.

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.

Detailed Items

Other Information

0 County Highway 6, Otego, NY, 13825 is a land listing of 0 sqft on a lot of 5.44. This land listing has 0 bedrooms, and 0 baths. The map for this location can be viewed on Google maps at Google maps to property0 County Highway 6, Otego, NY
Copyright © 2025 New York State Alliance of MLSs, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

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