348 Vandeusen Rd, Davenport, NY 13750

Description

***Your Starter Home, With Two Tenants Covering the Mortgage***

Real estate investors know the strategy well, and first-time buyers are increasingly discovering it too: let the property help pay the mortgage. This one-acre parcel in Davenport holds three park-owned manufactured homes, and the layout is well suited to house-hacking — move into Unit 1, and let the other two carry part of the weight.

Unit 1 is the 3-bedroom, 2-bath of the group, with a front stoop and a nice rear porch — the kind of layout that works as a real home, not just a rental unit. It has rented for $1,300 a month. Behind it, Unit 2 offers 3 bedrooms and 1 bath with convenient parking and a woodland view, currently rented at $900 a month. Unit 3 is the newest addition to the package, with 2 bedrooms, 2 baths, and a central living area, also renting at $900 a month — landscaping around it is in its final stages. All three units are on month-to-month tenancy, which gives a future owner-occupant buyer more flexibility than a standard lease term would allow.

All three homes have had recent updates to appliances, heating, and electrical systems, with the seller reporting all work approved by town code enforcement. Two septic systems serve the one-acre site: one serves Unit 1 in front, and a second, added in 2024, serves the two units in back, with permits and approvals filed with the town.

Davenport rounds out the appeal — rural enough to feel like home, close enough to Oneonta, Hobart, Stamford, and Delhi for jobs, schools, and shopping. For a buyer looking to own a home while two tenants help make the payments, this one is worth a serious look.