Updated Two-Family Home,
10 Reynolds Avenue, Oneonta, NY 13820
MULTI_FAMILY - Other - Oneonta, NY
Property size:
1,760 SFLot size:
0.16 AcresPrice / SF:
$169/SF- Added:
- Feb 16, 2026
- Days on Market:
- 106
- Last Refresh:
- Jun 2 at 8:06 pm
Property Features for 10 Reynolds Avenue
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 5
- Bathrooms
- 2
- Rooms
- Bedroom 2, Bedroom 4, Bedroom 1, Bathroom 1, Bedroom 3, Bedroom 5, Basement, Bathroom 2
- Appliances
- ElectricWaterHeater
- Standard status
- Active
- APN
- 300.5-3-22
- Size
- 1,760 SF
- Lot size
- 0.16 Acres
Taxes and HOA fees
- Tax Annual Amount
- 7829
Utilities
- Heating system
- Forced Air, Electric (Heating), Natural Gas
- Water source
- Public
Building Details
- Year built
- 1965
- Floors in Building
- 2
- Number of units
- 2
- Flooring type
- Varies, Vinyl
- Building materials
- Stone
- Architectural style
- Other
Listing agent Stacey L. Camilleri License #40CH1109154 (607) 376-2279
Listing office Keller Williams Upstate NY Properties 31 Main St, Oneonta, NY (607) 431-2540
Listing date Feb 16, 2026
MLS# R1662162
Listing URL
Copyright © 2026 New York State Alliance of MLSs, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
HighLights
- Strong income potential as a rental property, including possible short‑term rental use.
- Proven rental history and currently rented for the 2025/2026 school year.
- Two updated apartments: one with 2 bedrooms, one with 3 bedrooms, each with updated kitchens and full baths with walk‑in tile showers.
- Convenient Oneonta location close to downtown and local colleges.
- Parking area behind the house and shared driveway.
- Three separate electric meters (100‑amp service) and shared laundry room.
Overview
This updated and well-maintained two-family home in the City of Oneonta has been successfully used as a rental property and offers strong income potential, including the possibility for short-term rental use. The property has parking. The downstairs apartment is approximately 860 square feet and features 2 bedrooms and 1 full bath with a walk-in tile shower. The kitchen, dining, and living areas function as one expansive space with an open-concept layout. The kitchen includes a built-in table and updated appliances. The upstairs apartment is approximately 900 square feet and offers 3 bedrooms and 1 full bath with a walk-in tile shower, along with a full kitchen featuring Corian countertops and newer appliances. The living room includes a dining area just off to the side, creating defined yet connected spaces. There are three 100-amp electric meters on the property. A shared utility/laundry room is available and provided at no cost to tenants. The property features a shared driveway and a parking area behind the house. Currently rented for the 2025/2026 school year, this property offers proven rental history in a convenient Oneonta location close to downtown and local colleges, with additional income flexibility depending on local regulations. The lot size is 0.16 acres, and the property size is 1760 square feet.
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $23.2k | $13.20 |
| − Vacancy | −$1.3k | −$0.73 |
| EGI | $22.0k | $12.47 |
| − OpEx | −$6.6k | −$3.74 |
| NOI | $15.4k | $8.73 |
1,760 SF · lease $13.20/SF/yr · vacancy 5.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$219.5K
$192.1K – $256.1K
NOI $15,368 @ 7.0% cap · market cap 5.14%
Second Best
Apartment 5plus
$204.9K
$179.3K – $239.1K
NOI $14,346 @ 7.0% cap · market cap 4.80%
Theoretical Best
Office A
$485.2K
$424.5K – $566.0K
NOI $33,961 @ 7.0% cap · market cap 11.36%
Zoning and permitted uses should be independently verified with local authorities.
Property Profile
Location Intelligence
Current Use by Public Records
Duplexes
Location Insight
- Map
- Local Demand
- City
- Oneonta
- County
- Otsego
- State
- New York
- Longitude
- -75.06418
- Latitude
- 42.456202
Nearby Similar for Sale
FAQs
What type of property is this?
Duplex - Well-maintained two-family home with income potential near downtown Oneonta.
Where is this duplex located?
The property is located at 10 Reynolds Avenue Oneonta, NY.
What is the asking price?
The asking price for this property is $299,000.
What are key features of this property?
This property features: Strong income potential as a rental property, including possible short‑term rental use.; Proven rental history and currently rented for the 2025/2026 school year.; Two updated apartments: one with 2 bedrooms, one with 3 bedrooms, each with updated kitchens and full baths with walk‑in tile showers.
