34-36 Cliff Street, Oneonta, NY 13820
- Added:
- Jun 3, 2026
- Days on Market:
- 25
- Last Refresh:
- Jun 27 at 2:06 pm
Property Features for 34-36 Cliff Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 4
- Bathrooms
- 4
- Rooms
- Basement, Bathroom 4, Bathroom 1, Bedroom 3, Bedroom 2, Bedroom 1, Bedroom 4, Bathroom 3, Bathroom 2
- Patio and Porch features
- Porch
- Appliances
- ElectricWaterHeater, GasWaterHeater
- Standard status
- Pending
- APN
- 300.5-4-60.00
- Size
- 2,544 SF
- Lot size
- 0.18 Acres
Taxes and HOA fees
- Tax Annual Amount
- 4596
Utilities
- Heating system
- Natural Gas, Forced Air
- Water source
- Public
Building Details
- Year built
- 1900
- Floors in Building
- 2
- Number of units
- 4
- Flooring type
- Carpet, Vinyl, Varies
- Building materials
- BlownInInsulation, Frame
- Roof type
- Flat, Rolled Hot Mop
- Architectural style
- Other
Listing agent Rodger B Moran License #30MO0797197 (607) 287-1559
Listing office Benson Agency Real Estate LLC One Grand Street, Oneonta, NY (607) 432-4391
Listing date Jun 3, 2026
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
- 4‑unit investment property built in 1900 with frame construction
- Total rents of $37,200 annually; one‑year leases in place
- Tenants pay all utilities
- NOI reported at $26,029 with total expenses of $11,171 (taxes, water/sewer, insurance, trash, snow, maintenance/vacancy)
- Off‑street parking and a front porch
- Heating includes forced air and natural gas; water supplied by public source
Overview
The property is located in Oneonta, NY, about three blocks to downtown. The listing also notes the possibility of purchasing adjacent options, including a separate four-family building next door at 38–40 Cliff Street.
For the current income and expense figures provided, total rents are listed at $37,200 annually. Reported expenses include taxes of $4,596, water/sewer of $700, insurance of $1,700, trash of $1,200, snow of $375, and maintenance and vacancy estimated at 5% of gross ($2,600). Total expenses are shown as $11,171, resulting in NOI of $26,029. Mortgage cost is presented using a $259,900 price and 20% down, with a 20-year amortization at 6.25%, for a net income of $7,429 and a cited return on investment of 14.2% based on the down payment amount.
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 | $33.6k | $13.20 |
| − Vacancy | −$1.8k | −$0.73 |
| EGI | $31.7k | $12.47 |
| − OpEx | −$9.5k | −$3.74 |
| NOI | $22.2k | $8.73 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Oneonta
- County
- Otsego
- State
- New York
- Longitude
- -75.067696
- Latitude
- 42.45228
