3 Prospect ST Stamford, NY 12167
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Other
Listing Status Pending
Purchase Type For Sale
Square Footage 5,292 sqft
Price per Sqft $64
MLS Listing ID R1624379
Bedrooms 4
Construction Status Existing
HOA Y/N No
Year Built 1888
Annual Tax Amount $5,064
Lot Size 0.500 Acres
Acres 0.5
Lot Dimensions 75X272
Property Sub-Type Other
Property Description
Welcome to The Idlewild — a historic 1888 boarding house thoughtfully converted into a fully rented, income-producing property while preserving its original exterior charm. The main house features four apartments with the potential for a fifth unit on the third floor. From the second-floor balcony, the mountain views stretch endlessly, offering a daily reminder of why people come to this region to relax, explore, and stay.
Tucked away at the rear of the property is a charming, FULLY RENOVATED, 2bd 1 bath Carriage house that has a living room and full eat in kitchen with a spacious private lawn away from the main building that makes it perfect for owner occupancy, weekend getaways, or a high-appeal Airbnb rental that all pays for itself. Guests (or owners) can enjoy their own private outdoor space while being just a short stroll to Main Street, where local coffee shops, grocery stores, boutiques, banks, and restaurants offer small-town charm and convenience.
The property has been lovingly maintained and smartly upgraded with a newer roof, all-new utilities, spray-foamed basement, rebuilt porch, brand new back deck and a refreshed driveway. Municipal water and sewer mean less hassle and more peace of mind.
With a gross annual income of $72,000 and room to grow, The Idlewild isn't just a property — it's a chance to own a piece of local history with built-in value and future potential.
Location
State NY
County Delaware
Area Stamford Village-Stamford-125203
Direction From main street coming from Oneonta direction make a left on church street, turns right into Prospect, second house on the left.
Rooms
Basement Dirt Floor, Full
Interior
Heating Electric, Gas, Oil, Baseboard, Forced Air
Flooring Other, See Remarks, Tile, Varies, Vinyl
Furnishings Unfurnished
Fireplace No
Appliance Electric Cooktop, Electric Water Heater, Freezer, Gas Cooktop, Gas Water Heater, Refrigerator
Laundry Common Area, Coin-operated
Exterior
Exterior Feature Deck, Gravel Driveway, Propane Tank - Leased
Garage Spaces 1.0
Community Features Laundry Facilities
Utilities Available Electricity Connected, Sewer Connected, Water Connected
Roof Type Metal
Handicap Access Accessible Approach with Ramp
Porch Deck
Garage Yes
Building
Lot Description Rectangular, Rectangular Lot
Story 3
Sewer Connected
Water Connected, Public
Structure Type Vinyl Siding,Wood Siding
Construction Status Existing
Schools
School District Stamford
Others
Senior Community No
Tax ID 54.6-2-9
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition Standard
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