Two-Family Duplex with Separate
For Sale
$215,000
1-3 Birch, Oneonta, NY 13820
Residential, Oneonta, NY
Property Size2,178 SF
Price / SF$98.71
Days on Market212
Property Features for 1-3 Birch
General Information
Property type
Residential Multi Family
Property subtype
Other
Bedrooms
5
Bathrooms
2
Full bathrooms
2
Rooms
Bathroom 1, Bedroom 4, Bedroom 1, Bedroom 5, Bathroom 2, Basement, Bedroom 2, Bedroom 3
Appliances
GasWaterHeater
Lot features
Rectangular, Rectangular Lot, Residential Lot
Elementary school district
Oneonta
Middle school district
Oneonta
High school district
Oneonta
Subdivision
Oneonta-City-361200
Standard status
Active
APN
288.17-4-67
Size
2,178 SF
Taxes and HOA fees
Tax Annual Amount
2761
Utilities
Heating system
Forced Air, Natural Gas
Water source
Public
Building Details
Year built
1910
Floors in Building
2
Number of units
2
Flooring type
Laminate, Vinyl, Varies
Building materials
VinylSiding
Architectural style
Other
Listing Agency:
River Hills Properties LLC Lf
(315) 508-5268
Listed By:
Brandon Mosher · License #10301224028
(315) 868-4596
Added: Mar 29
Changed: Oct 26
Last Checked: Oct 26 at 8:06PM
MLS# S1669847
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.
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Investment Insights
Based on property information with market context.
Located at 1-3 Birch Street in Oneonta, this two-family duplex contains 2,178 square feet and was built in 1910. The unit mix includes one three-bedroom residence and one two-bedroom residence, supported by a basement, laminate and vinyl flooring, vinyl siding, and a gas water heater. Heating is provided by natural gas and forced air.
Each residence has separate utilities, while ownership responsibility includes water and sewer. The property is offered as part of a required three-property portfolio sale, alongside two additional duplexes identified in the listing materials. Its public water service and distinct residential layouts provide a straightforward configuration for continued multifamily operation.
Each residence has separate utilities, while ownership responsibility includes water and sewer. The property is offered as part of a required three-property portfolio sale, alongside two additional duplexes identified in the listing materials. Its public water service and distinct residential layouts provide a straightforward configuration for continued multifamily operation.
Key Highlights
- Two‑family duplex with one 3‑bedroom unit and one 2‑bedroom unit
- 2,178 square feet of building area
- Separate utilities for both residential units
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$19,018
Cap Rate
8.85%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$380,360
$380.4K
Cap Rate 7%
$271,686
$271.7K
Cap Rate 9%
$211,311
$211.3K
Market Conditions
NOI Build-Up for 2,178 SF
Gross rent
$28.7K $13.20/SF
− Vacancy
−$1.6K −$0.73/SF
EGI
$27.2K $12.47/SF
− OpEx
−$8.2K −$3.74/SF
NOI
$19.0K $8.73/SF
Area
Otsego County, NY
Vacancy
5.50%
Lease Rate
$13.20 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$380,360
Cap Rate 7%
$271,686
Cap Rate 9%
$211,311
Alternative Uses
Best Use
Multifamily LT 5
$271.7K
$237.7K – $317.0K
NOI $19,018 @ 7.0% cap · market cap 8.85%
Second Best
Apartment 5plus
$253.6K
$221.9K – $295.9K
NOI $17,753 @ 7.0% cap · market cap 8.26%
Theoretical Best
Office A
$600.4K
$525.3K – $700.5K
NOI $42,027 @ 7.0% cap · market cap 19.55%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Lease Details
6
Residential units
Location Intelligence
Trade Area within ½ mile
939
Businesses Nearby
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Business Placement
Demographics for 13820, NY
21,605
Population
10,083
Households
2.1
Avg Household Size
30
Median Age
40%
College-Educated
91%
High-School Grad
107.3 sq mi
ZIP Area
201
Density / Sq Mi
$66,217
Median Household Income
$26,154
Median Earnings
$983
Median Rent
$176,300
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Duplex - Two residential units include three- and two-bedroom layouts, with public water and natural-gas forced-air heat.
Where is this duplex located?
The property is located at 1-3 Birch Oneonta, NY.
What is the asking price?
The asking price for this property is $215,000.
What are key features of this property?
This property features: Two‑family duplex with one 3‑bedroom unit and one 2‑bedroom unit; 2,178 square feet of building area; Separate utilities for both residential units
