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    7-9 Weidman Pl Oneonta, NY 13820

    For Sale
    $625,000

    Multi-Unit (5+) - Oneonta, NY

    Property size:
    6,600 SF
    Lot size:
    0.39 Acres
    Days on Market:
    41
    Last Refresh:
    Dec 6 at 5:06 am

    Property Features for 7-9 Weidman Pl

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active
    Rooms
    Basement, Bathroom 1, Bathroom 2, Bathroom 3, Bathroom 4, Bathroom 5, Kitchen
    Bathrooms
    7
    APN
    288.17-3-11
    Parking features
    Garage
    Basement Y/N
    1
    Size
    6,600 SF
    Lot size
    0.39 Acres

    Utilities

    Heating system
    Natural Gas

    Building Details

    Year built
    1900
    Year renovated
    1900
    Floors in Building
    2
    Flooring type
    Carpet, Hardwood, Vinyl
    Building materials
    Vinyl Siding
    Roof type
    Asphalt
    Architectural style
    Other

    BENSON AGENCY REAL ESTATE LLC (607) 432-4391

    Listing agent Jessie Grigsby (607) 432-4391

    Listing date Oct 27, 2025

    MLS# 11563024 Listing URL

    Copyright © 2025 My State MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Oneonta Multi-Unit Investment Opportunity

    This multi-unit property in Oneonta, NY, features six units comprising a total of 16 bedrooms and 7 bathrooms. The property has a solid rental history and is conveniently located near both colleges, a block from a bus stop, and a short walk to Main Street, with ample parking available. The unit mix includes three two-bedroom apartments, two three-bedroom apartments, and one four-bedroom apartment, all furnished. A new boiler was installed in 2010. Common laundry facilities are located in the basement, with two additional laundry areas upstairs, one new in 2017 and another in 2023. A Certificate of Compliance (COC) is in place. The property includes two parcels. Apartment 1, a two-bedroom unit, is leased at $1050 per month through 12/31/25. Apartment 2, a two-bedroom unit, is leased at $1250 per month through 9/30/25. Apartment 3, a three-bedroom unit, is leased at $1650 per month through 5/30/26. Apartment 4, a two-bedroom unit, is leased at $1250 per month through 5/31/26. Apartment 5, a three-bedroom unit, is rented month-to-month at $1250 per month. Apartment 6, a four-bedroom unit, is leased at $3750 per student per semester through 5/17/26. The projected income is $107,400, with expenses of $54,717, including a $9,762 management fee. Recent improvements include a new laundry area and a new sewer line to the street. The property is situated on a 0.39-acre lot and the building size is 6600 square feet.
    Location Intelligence

    Current Use by Public Records

    Apartment buildings

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Daycare Center

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

    Location Insight

    • Map
    • Local Demand
    City
    Oneonta
    County
    Otsego
    State
    New York
    Longitude
    -75.066185
    Latitude
    42.460027

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    FAQs

    What type of property is this?
    Apartment building - Six-unit property near colleges with solid rental history.
    Where is this apartment building located?
    The property is located at 7-9 Weidman Pl Oneonta, NY.
    What is the asking price?
    The asking price for this property is $625,000.
    What are key features of this property?
    This property features: - Projected income of $107,400 with solid rental history.; - Six units with a total of 16 bedrooms and 7 bathrooms, offering diverse rental options.; - Furnished apartments with a mix of two, three, and four-bedroom units.
    (607) 432-4391
    Request Owner's contact information
    7-9 Weidman Pl 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
    7-9 Weidman Pl Oneonta, NY 13820
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