Turn-Key Triplex Investment
15 Susquehanna Street Oneonta, NY 13820
15 Susquehanna Street, Oneonta, NY, 13820
$205,000
Pending
For Sale
$205,000
Pending
MULTI_FAMILY - Oneonta, NY
Property Size2,194 SF
Lot Size0.12 Acres
Days on Market165
Property Features for 15 Susquehanna Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 3
- Bathrooms
- 2
- Rooms
- Bedroom 3, Basement, Bedroom 2, Bathroom 2, Bathroom 1, Bedroom 1
- Appliances
- GasWaterHeater
- Standard status
- Pending
- APN
- 300.7-5-27
- Size
- 2,194 SF
- Lot size
- 0.12 Acres
Taxes and HOA fees
- Tax Annual Amount
- 2785
Utilities
- Heating system
- Natural Gas, Forced Air
- Water source
- Public
Building Details
- Year built
- 1900
- Floors in Building
- 2
- Number of units
- 3
- Flooring type
- Vinyl, Hardwood, Varies
- Building materials
- BlownInInsulation, Frame
- Roof type
- Metal, Shingle
Listing Agency
Keller Williams Upstate NY Properties
(607) 431-2540
31 Main St, Oneonta, NY
Listed by
Anthony Heath · License #10401359601
(607) 267-3166
Added: Feb 3 Checked: Jul 18 at 11:06 am
MLS# R1661092
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.
Investment Insights
Based on property information with market context.
This turn-key triplex investment property is positioned as a residential income option with a documented rental history and annual gross income over $25,000. The property provides a multi-unit setup across three units, totaling 2,194 square feet, sitting on a 0.12-acre lot.
Located at 15 Susquehanna Street in Oneonta, New York, the property offers convenient commuting distance to Main St Oneonta and to Hartwick College and SUNY Oneonta. It is also close to Fox Hospital, with additional seasonal activity from the local baseball camp noted in the listing remarks.
For tenants, buyers, or portfolio operators seeking a residential income property, the three-unit configuration can support an owner-operator or investor strategy focused on maintaining existing cash flow. The listing highlights the ability to pair long-term rental demand with potential seasonal and short-term rental demand drivers associated with campus traffic and local hospital access, subject to the applicable rules and market conditions.
Located at 15 Susquehanna Street in Oneonta, New York, the property offers convenient commuting distance to Main St Oneonta and to Hartwick College and SUNY Oneonta. It is also close to Fox Hospital, with additional seasonal activity from the local baseball camp noted in the listing remarks.
For tenants, buyers, or portfolio operators seeking a residential income property, the three-unit configuration can support an owner-operator or investor strategy focused on maintaining existing cash flow. The listing highlights the ability to pair long-term rental demand with potential seasonal and short-term rental demand drivers associated with campus traffic and local hospital access, subject to the applicable rules and market conditions.
Key Highlights
- Annual gross income of over $25,000 per year (per public remarks)
- Heating: forced air with natural gas
- Gas water heater
Local Financial Insights For Apartment 5plus
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 | $34.2k | $15.60 |
| − Vacancy | −$1.7k | −$0.78 |
| EGI | $32.5k | $14.82 |
| − OpEx | −$14.6k | −$6.67 |
| NOI | $17.9k | $8.15 |
2,194 SF · lease $15.60/SF/yr · vacancy 5.00% · expense 45.00%
Alternative Uses
Best Use
Multifamily LT 5
$273.7K
$239.5K – $319.3K
NOI $19,158 @ 7.0% cap · market cap 9.35%
Second Best
Apartment 5plus
$255.5K
$223.5K – $298.1K
NOI $17,883 @ 7.0% cap · market cap 8.72%
Theoretical Best
Office A
$604.8K
$529.2K – $705.6K
NOI $42,335 @ 7.0% cap · market cap 20.65%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Triplexes
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FAQs
What type of property is this?
Triplex - Turn-key triplex earning over $25,000 annually with easy access to major Oneonta employers and campuses.
Where is this triplex located?
The property is located at 15 Susquehanna Street Oneonta, NY.
What is the asking price?
The asking price for this property is $205,000.
What are key features of this property?
This property features: Annual gross income of over $25,000 per year (per public remarks); Heating: forced air with natural gas; Gas water heater
