61 Fusco Drive, Jefferson, NY 12093

$975,000

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List Price
$975,000
Status
ACTIVE
Days on Market
33
MLS#
1018451
Subtype
Commercial Sale
Year Built
1965
Lot Size
1,610,413
Acres
36.97
Neighborhood
Jefferson

Property Description

36+ Private Acres | 9-Acre Lake | Income-Producing Estate | Western Catskills A rare offering in the Western Catskills: 36+ private acres anchored by a stunning 9+-acre man-made lake, paired with established rental income and a spectacular undeveloped building site -- all on one parcel. The income side features a well-maintained six-unit apartment building (six 1BR/1BA units) generating approximately $44,000/year with low overhead. Two septic systems, DCEC electric, and MTC fiber internet. A 2020 3BR/2BA doublewide on a concrete slab adds further income or serves as a residence while you build. Beyond the rentals, cross the open meadow to discover the real prize: a broad, gently sloping clearing with unobstructed lake and mountain views, anchored by a dramatic 40-foot rock ledge ideal for a private driveway. An old logging road off Titus Lake Road offers separate access -- bypass the rentals entirely. From this vantage point, the income properties disappear completely. Two compelling home sites to choose from. Build your dream lakeside retreat while income works in the background -- no compromise required. Under 30 minutes to Oneonta, just over an hour to Albany International Airport.

Additional Information

Taxes
$13,104
Flooring
Carpet, Vinyl
Appliances
Electric Range, Refrigerator
Heating
Baseboard, Electric, Propane
Air Conditioning
None
Foundation
Slab
Parking
Driveway, Off Street
Parking Features
Driveway, Off Street
School District
Jefferson
View
Mountain(s)

Mortgage Calculator

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Calculator source: Real Geeks

Listing courtesy of Listing Agent: Susan Muther (susan@catskillcountryliving.com) from Listing Office: Keller Williams Upstate NYProp.