Two-Unit Duplex with Separate
1-3 Birch Oneonta, NY 13820
For Sale
$215,000
MULTI_FAMILY - Other - Oneonta, NY
Property Size2,178 SF
Price / SF$98.71
Days on Market119
Property Features for 1-3 Birch
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 5
- Bathrooms
- 2
- Rooms
- Bedroom 5, Bathroom 1, Bedroom 2, Bathroom 2, Bedroom 4, Bedroom 3, Bedroom 1, Basement
- Appliances
- GasWaterHeater
- Standard status
- Active
- APN
- 288.17-4-67
- Size
- 2,178 SF
Taxes and HOA fees
- Tax Annual Amount
- 2761
Utilities
- Heating system
- Natural Gas, Forced Air
- Water source
- Public
Building Details
- Year built
- 1910
- Floors in Building
- 2
- Number of units
- 2
- Flooring type
- Varies, Laminate, Vinyl
- 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: Jul 24
Last Checked: Jul 25 at 4:06PM
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.
Investment Insights
Based on property information with market context.
1-3 Birch Street is a solid two-family duplex with a 3-bedroom unit and a 2-bedroom unit. Each unit has separate utilities. The owner is responsible only for water and sewer, while tenants cover their own utility expenses, supporting efficient day-to-day operations.
The property is offered as part of a three-property portfolio sale requirement and must be sold together with 14-16 Otsego Street and 34 Pine Street. Reported current annual NOI for 1-3 Birch Street is $16,125, and the combined portfolio NOI across the three properties is reported as $49,500, with a 7.125% cap rate cited in the offering materials.
This package includes a total of 6 units across the three duplex buildings, and the portfolio also references additional garage rental income at 34 Pine Street. Separate utilities are noted for all buildings in the portfolio.
The property is offered as part of a three-property portfolio sale requirement and must be sold together with 14-16 Otsego Street and 34 Pine Street. Reported current annual NOI for 1-3 Birch Street is $16,125, and the combined portfolio NOI across the three properties is reported as $49,500, with a 7.125% cap rate cited in the offering materials.
This package includes a total of 6 units across the three duplex buildings, and the portfolio also references additional garage rental income at 34 Pine Street. Separate utilities are noted for all buildings in the portfolio.
Key Highlights
- Two‑family duplex at 1‑3 Birch Street with a 3‑bedroom unit and a 2‑bedroom unit
- Separate utilities for both units; owner is responsible only for water and sewer
- Current annual NOI of $16,125
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 | $28.7k | $13.20 |
| − Vacancy | −$1.6k | −$0.73 |
| EGI | $27.2k | $12.47 |
| − OpEx | −$8.2k | −$3.74 |
| NOI | $19.0k | $8.73 |
2,178 SF · lease $13.20/SF/yr · vacancy 5.50% · expense 30.00%
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 local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Duplexes
FAQs
What type of property is this?
Duplex - Two-family duplex includes a 3-bedroom unit and a 2-bedroom unit with separate utilities for both tenants.
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 at 1‑3 Birch Street with a 3‑bedroom unit and a 2‑bedroom unit; Separate utilities for both units; owner is responsible only for water and sewer; Current annual NOI of $16,125
