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    199-201 Chestnut St Oneonta, NY 13820

    Pending
    For Sale
    $115,000

    MULTI_FAMILY - Other - Oneonta, NY

    Property size:
    1,456 SF
    Lot size:
    0.16 Acres
    Days on Market:
    111
    Last Refresh:
    Dec 15 at 6:06 am

    Property Features for 199-201 Chestnut St

    General Information

    Special listing conditions
    Standard
    Property type
    Residential Multi Family
    Property subtype
    Other
    TransactionType
    Standard
    Standard status
    Pending
    Rooms
    Bathroom 2, Basement, Bedroom 3, Bedroom 4, Bedroom 2, Bathroom 1, Bedroom 5, Bathroom 3, Bedroom 1
    Bedrooms
    5
    Bathrooms
    3
    APN
    300.5-4-1
    Parking features
    On Street
    Appliances
    ElectricWaterHeater
    Size
    1,456 SF
    Lot size
    0.16 Acres

    Utilities

    Heating system
    Electric (Heating)
    Water source
    Public

    Building Details

    Year built
    1900
    Floors in Building
    2
    Number of units
    3
    Flooring type
    Carpet, Varies, Laminate
    Building materials
    ShakeSiding, WoodSiding
    Roof type
    Asphalt
    Architectural style
    Other

    Benson Agency Real Estate LLC (607) 432-4391 [email protected]

    Listing agent Michele L. Frazier (607) 432-4391 License #10401272246

    Listing date Aug 27, 2025

    Copyright © 2025 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.

    Overview

    Lucrative Multifamily Investment Opportunity

    This multifamily property is located in Oneonta, New York, near bus routes and downtown. The property features three units: two 2-bedroom units and one 1-bedroom unit. Long-term tenants occupy both of the two-bedroom units. Tenants are responsible for electric and heat, while the owner covers snow removal, water, and trash removal. The property has a size of 1456 square feet and is situated on a lot of 0.16 acres. The net operating income exceeds $16,000.
    Property Profile Location Intelligence

    Current Use by Public Records

    Triplexes

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Oneonta
    County
    Otsego
    State
    New York
    Longitude
    -75.074933
    Latitude
    42.451007

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    FAQs

    What type of property is this?
    Triplex - Multifamily property in Oneonta near bus routes and downtown.
    Where is this triplex located?
    The property is located at 199-201 Chestnut St Oneonta, NY.
    What is the asking price?
    The asking price for this property is $115,000.
    What are key features of this property?
    This property features: - High cap rate of 11.8%; - Net operating income of over $16,000; - Lucrative multifamily property
    (607) 432-4391
    Request Owner's contact information
    199-201 Chestnut St Oneonta, NY 13820
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    199-201 Chestnut St Oneonta, NY 13820
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