34 Pine St Oneonta, NY 13820

Building Details

Year Built

1900

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

Listed by Brandon Mosher · License #10301224028 Show Phone

Source Elliman

Added: Apr 11 Checked: Jul 17 at 5:21 am

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Investment Insights

Based on property information with market context.

Located in Oneonta, NY, 34 Pine Street is a two-family duplex featuring one 3-bedroom unit and one 2-bedroom unit. Each unit has separate utilities. The owner is responsible for water and sewer. The property includes a garage currently rented long-term for tool storage, creating supplemental income. The property generates a current annual NOI of $15,575. This property is part of a three-property investment package that must be sold together. The portfolio includes 14–16 Otsego Street, a two-family duplex with 6 bedrooms and 2 bathrooms consisting of two 3-bedroom units with separate utilities and an NOI of $17,800, and 1–3 Birch Street, a two-family duplex with one 3-bedroom and one 2-bedroom unit with separate utilities and an NOI of $16,125. The total portfolio NOI is $49,500, offered at a 7.125% cap rate. All units across the three properties have separate utilities. The property is located in a strong rental market. The location has a walk score of 78, indicating it is very walkable, and a bike score of 60, indicating it is bikeable.

Key Highlights

• Part of a three‑property portfolio sale generating a total NOI of $49,500, offered at a 7.125% cap rate.
• Income‑producing duplex with an additional revenue stream from a rented garage.
• Current annual Net Operating Income (NOI) of $15,575 for 34 Pine Street.

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FAQs

What type of property is this?

Duplex - Two-unit duplex with garage rental income in Oneonta, NY.

Where is this duplex located?

The property is located at 34 Pine St Oneonta, NY.

What is the asking price?

The asking price for this property is $225,000.

What are key features of this property?

This property features: Part of a three‑property portfolio sale generating a total NOI of $49,500, offered at a 7.125% cap rate.; Income‑producing duplex with an additional revenue stream from a rented garage.; Current annual Net Operating Income (NOI) of $15,575 for 34 Pine Street.