CCertihomes
6165 State Highway 7, Milford, NY 13807

$199,900

7 beds 4 baths 3,300 sqft Built 1920139 days on marketActive

About this home

If you are looking to establish a residence with income potential or expand your investment portfolio, 6165 State Highway 7 presents a unique and promising opportunity. Prime Location with FOUR Apartments set on a generous parcel of land. The property provides ample outdoor space for recreation, gardening, or potential future enhancements. There are 7 Bedrooms and 4 baths. Three apartments have 2 bedrooms, one bath, and the other is one bedroom, one bath. Rents could be Much higher, these are long term tenants but month to month. Rent includes garbage and snow removal and water. Tenants pay their hot water and electric. There are separate meters. Versatile Living options. With four units, you can choose to reside in one while generating rental income from others, effectively offsetting your mortgage. Sold As-Is. Also in a mixed use area. Exterior was painted in 2023. Plenty of parking and close to Rt 28 for easy access to Cooperstown. Oneonta School District.

Affordability — calculate your monthly payment

Adjust your budget to see what's left after housing, utilities and transportation. Numbers below assume a 5% down, 30YrFixed at 7.15% APR.

Your estimated payment
$3,028/mo

Real estate (PITI + HOA + PMI)
$1,995
Principal + interest$1,283
Property tax + insurance$637
PMI / 2nd mortgage$75
Utilities
$2,039
Heating + cooling$873
Internet + TV + phone$127
Water + sewer + garbage$58
Transportation
$0
Other (entertainment)
$127
$3,028/mo TLC
Budget$5,000/mo
Remaining after TLC$1,972/mo
Purchase price
$199,900
Down payment
$9,995 (5%)
Loan amount
$189,905
APR
7.15%

Quick facts

Type
MultiFamily
Style
Fourplex
Year built
1920
Lot size
0.61 ac
Stories
2
Heating
Electric, Baseboard
Cooling
Water
Well
HOA
Annual tax
$3,823
MLS #
R1595458
County
Otsego

At a glance

Basement

Home features

Appliances
ElectricWaterHeater
Parking
ParkingAvailableTwoOrMoreSpacesUnpaved
Flooring
Carpet, Hardwood, Tile, Varies
Roof
Asphalt, Membrane, Rubber
Sewer
SepticTank

Lot features

NearPublicTransit, Rectangular, RectangularLot

Neighborhood — 13807

MetricThis ZIPCountyUSA
Population1,78519,351,094299,088,112
Population Change Since19900.00%8.00%20.00%
Population Density66395
Male8639,381,926147,432,321
Female9239,969,168151,655,844
Never Married3204,946,39163,775,926
Married8637,166,701123,120,365
Separated541,159,67312,639,686
Widowed1381,110,24515,467,586
Divorced1431,210,44823,075,029
Number Of House Hold6987,102,016111,826,380
Average House Hold Size2.542.642.60
Medial Age41.6636.5335.46
Median House Hold Income$37,928$49,847$48,276
Average House Hold Income$45,955$70,032$63,629
P C I$18,056$26,569$24,529
M D I$33,423$42,210$41,133
A T H E$41,396$54,185$50,898
S T R8.00%4.00%
W C J80.53%81.55%77.74%
(Zip) Code
13807

Data via Certihomes neighborhood index. Comparisons across this ZIP, county and the United States.

Map & walkability

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Listing information last refreshed 3/26/2025. Provided courtesy of Howard Hanna via Buffalo MLS. Information deemed reliable but not guaranteed.