CCertihomes
11 Main Street, Cherry Valley, NY 13320

$249,000

0 beds 0 baths 4,424 sqft Built 1900108 days on marketActive

About this home

Don't miss this opportunity to own a mixed-use property with income potential! The front of the building features a rental storefront approximately 1000 sq ft currently generating $900/month. This space includes a half bath and storage, making it ideal for a variety of business uses. The back of the property is a spacious 4000+/- sq ft apartment with 4-bedroom and 1 1/2 bath an open-concept kitchen and living area, lots of storage and a laundry room (also used as an art room) with pull-down stairs for attic access. The property features durable concrete flooring, a metal roof, and a skylight, radiant heat flooring, cast iron radiators and on-demand hot water. Utilities include propane heat through Parsons, averaging $200/month, and electric service by NYSEG at approximately $100/month. A side yard provides convenient parking for 6+ vehicles and also a private area for outdoor seating. This versatile property is perfect for investors seeking rental income or owner-occupants looking to live and work in one location.

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
$4,116/mo

Real estate (PITI + HOA + PMI)
$2,828
Principal + interest$1,598
Property tax + insurance$1,137
PMI / 2nd mortgage$93
Utilities
$2,585
Heating + cooling$1,146
Internet + TV + phone$127
Water + sewer + garbage$58
Transportation
$0
Other (entertainment)
$127
$4,116/mo TLC
Budget$5,000/mo
Remaining after TLC$884/mo
Purchase price
$249,000
Down payment
$12,450 (5%)
Loan amount
$236,550
APR
7.15%

Quick facts

Type
COM
Style
Year built
1900
Lot size
0.27 ac
Stories
1
Heating
Propane, Other, SeeRemarks, HotWater, Radiant
Cooling
Other, SeeRemarks
Water
HOA
Annual tax
$8,747
MLS #
R1597020
County
Otsego

Home features

Exterior
PropaneTankLeased
Roof
Metal
Sewer
PublicSewer

Lot features

IrregularLot

Neighborhood — 13320

MetricThis ZIPCountyUSA
Population2,42119,351,094299,088,112
Population Change Since1990-6.00%8.00%20.00%
Population Density33395
Male1,2179,381,926147,432,321
Female1,2039,969,168151,655,844
Never Married4214,946,39163,775,926
Married1,1907,166,701123,120,365
Separated1141,159,67312,639,686
Widowed1561,110,24515,467,586
Divorced1391,210,44823,075,029
Number Of House Hold8687,102,016111,826,380
Average House Hold Size2.742.642.60
Medial Age41.3436.5335.46
Median House Hold Income$38,830$49,847$48,276
Average House Hold Income$47,714$70,032$63,629
P C I$17,727$26,569$24,529
M D I$33,891$42,210$41,133
A T H E$42,327$54,185$50,898
S T R8.00%4.00%
W C J68.25%81.55%77.74%
(Zip) Code
13320

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

Map & walkability

Open in Google Maps →

Listing information last refreshed 4/11/2025. Provided courtesy of Keller Williams Upstate NY Properties via Buffalo MLS. Information deemed reliable but not guaranteed.

11 Main Street · Cherry Valley — $249,000 · Certihomes