14-16 Otsego St Oneonta, NY 13820

Building Details

Year Built

1920

Listing Agency River Hills Properties LLC r***@gmail.com Show Phone

Listed by Brandon Mosher · License #10301224028 Show Phone

Source Elliman

Added: Mar 31 Checked: Jul 17 at 5:03 am

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Investment Insights

Based on property information with market context.

The property at 14–16 Otsego Street is a two-family duplex featuring 6 bedrooms and 2 bathrooms. Each unit offers 3 bedrooms. Each unit is equipped with separate utilities. The owner is responsible for water and sewer. The property has a strong rental history and produces an annual NOI of $17,800. This property must be purchased as part of a three-property investment package. The location is near schools, downtown, and amenities. The bike score is 60, indicating it is bikeable, and the walk score is 78, indicating it is very walkable.

Key Highlights

• Strong annual Net Operating Income (NOI) of $17,800 for 14‑16 Otsego Street, providing immediate cash flow.
• Spacious duplex with two 3‑bedroom units, appealing to tenants seeking larger living spaces.
• Part of a three‑property portfolio sale with a total NOI of $49,500 and a 7.125% cap rate.

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FAQs

What type of property is this?

Duplex - Two-family property with strong rental history in Oneonta, New York.

Where is this duplex located?

The property is located at 14-16 Otsego St Oneonta, NY.

What is the asking price?

The asking price for this property is $250,000.

What are key features of this property?

This property features: Strong annual Net Operating Income (NOI) of $17,800 for 14‑16 Otsego Street, providing immediate cash flow.; Spacious duplex with two 3‑bedroom units, appealing to tenants seeking larger living spaces.; Part of a three‑property portfolio sale with a total NOI of $49,500 and a 7.125% cap rate.