Duplex with Separate
For Sale
$269,000
10 Reynolds Avenue, Oneonta, NY 13820
Two residences offer distinct bedroom mixes, full kitchens and baths, plus shared laundry and rear parking.
Property Size1,760 SF
Price / SF$152.84
Days on Market67
Property Features for 10 Reynolds Avenue
General Information
Standard status
Active
Size
1,760 SF
Property subtype
Multi Family Home
Units
Unit Mix
1 x 2BR/1BA, 1 x 3BR/1BA
Multifamily Units
2
Individually Metered Utilities
electricity
Tenancy & Operations
Currently Operating
Yes
Tenant in Place
Yes
Additional Details
Utilities to Site
Yes
Taxes and HOA fees
Annual Taxes
$4,863
Amenities
shared laundry room
parking area
Building Details
Building Size
1,760 SF
Year Built
1965
Buildings
1
Stories
2
Units
2
Listing Agency:
Keller Williams Upstate NY Properties
(607) 431-2540
Listed By:
Stacey L. Camilleri · License #40CH1109154
(607) 376-2279
Source:
Franzese-realestate
Added: Aug 21
Changed: Oct 25
Last Checked: Oct 26 at 4:01AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Keller Williams Upstate NY Properties
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Investment Insights
Based on property information with market context.
This 1,760-square-foot duplex contains two apartments. The lower unit is approximately 860 sq ft, with 2 bedrooms, 1 full bath and an open kitchen, dining and living area. The upper apartment is approximately 900 sq ft and includes 3 bedrooms, 1 full bath, a full kitchen and a living room with an adjoining dining area. Both baths have walk-in tile showers; the kitchens include updated appliances. Three electric meters provide 100-amp service each. Tenants share a utility and laundry room at no cost, along with a driveway and parking area behind the house.
The property is at 10 Reynolds Avenue in Oneonta, close to downtown and local colleges. It is rented for the 2025/2026 school year and has a history of rental use.
The property is at 10 Reynolds Avenue in Oneonta, close to downtown and local colleges. It is rented for the 2025/2026 school year and has a history of rental use.
Key Highlights
- Two apartments: approximately 860 sq ft downstairs and 900 sq ft upstairs
- Downstairs unit has 2 bedrooms and 1 full bath; upstairs unit has 3 bedrooms and 1 full bath
- Three electric meters, each with 100‑amp service
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$15,368
Cap Rate
5.71%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$307,360
$307.4K
Cap Rate 7%
$219,543
$219.5K
Cap Rate 9%
$170,756
$170.8K
Market Conditions
NOI Build-Up for 1,760 SF
Gross rent
$23.2K $13.20/SF
− Vacancy
−$1.3K −$0.73/SF
EGI
$22.0K $12.47/SF
− OpEx
−$6.6K −$3.74/SF
NOI
$15.4K $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%
$307,360
Cap Rate 7%
$219,543
Cap Rate 9%
$170,756
Alternative Uses
Best Use
Multifamily LT 5
$219.5K
$192.1K – $256.1K
NOI $15,368 @ 7.0% cap · market cap 5.71%
Second Best
Apartment 5plus
$204.9K
$179.3K – $239.1K
NOI $14,346 @ 7.0% cap · market cap 5.33%
Theoretical Best
Office A
$485.2K
$424.5K – $566.0K
NOI $33,961 @ 7.0% cap · market cap 12.62%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
2
Residential units
Yes
Utilities to site
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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Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Duplex - Two residences offer distinct bedroom mixes, full kitchens and baths, plus shared laundry and rear parking.
Where is this duplex located?
The property is located at 10 Reynolds Avenue Oneonta, NY.
What is the asking price?
The asking price for this property is $269,000.
What are key features of this property?
This property features: Two apartments: approximately 860 sq ft downstairs and 900 sq ft upstairs; Downstairs unit has 2 bedrooms and 1 full bath; upstairs unit has 3 bedrooms and 1 full bath; Three electric meters, each with 100‑amp service
