Two-Unit Residential Income
For Sale
$109,900
411 Oneida St, Fulton, NY 13069
This two-unit property offers two bedrooms, one full bath, and in-unit laundry in each unit with separate utilities.
Property Size1,296 SF
Days on Market11
Property Features for 411 Oneida St
General Information
Standard status
Active
Size
1,296 SF
Property subtype
Multi Family
Additional Details
Multifamily Units
2
Amenities
in-unit laundry
separate utilities
Building Details
Building Size
1,296 SF
Year Built
1910
Tenancy
Multi
Listing Agency:
(315) 622-5757
Listed By:
Valerie Ferguson
(315) 622-5757
Source:
Elliman
Added: Jul 26
Changed: Jul 27
Last Checked: Aug 4 at 3:49AM
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 Valerie Ferguson
Investment Insights
Based on property information with market context.
This two-unit residential income property features two separate units, each offering 2 bedrooms and 1 full bath. Both units include nice-sized kitchens and in-unit laundry areas with washers and dryers that convey. The property also includes newer hot water heaters, and the chimney was mostly rebuilt approximately 5+ years ago.
Recent updates include fresh paint throughout the lower unit, a newer stove, a new ceiling fan/light, and a new front door with hardware. The upper unit has a newer refrigerator. A shed on site is approximately 9 years old, has been reroofed, and is described as in good condition.
The home at 411 Oneida St, Fulton, NY 13069 is positioned with car-dependent walk/bike scores noted in the listing.
Recent updates include fresh paint throughout the lower unit, a newer stove, a new ceiling fan/light, and a new front door with hardware. The upper unit has a newer refrigerator. A shed on site is approximately 9 years old, has been reroofed, and is described as in good condition.
The home at 411 Oneida St, Fulton, NY 13069 is positioned with car-dependent walk/bike scores noted in the listing.
Key Highlights
- 2‑unit multi‑family home built in 1910, with each unit offering 2 bedrooms and 1 full bath
- In‑unit laundry in each unit, with washers and dryers conveying
- Separate utilities for each unit
Financial Insights For Apartment 5plus
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 | $19.1k | $14.76 |
| − Vacancy | −$1.1k | −$0.81 |
| EGI | $18.1k | $13.95 |
| − OpEx | −$8.1k | −$6.28 |
| NOI | $9.9k | $7.67 |
1,296 SF · lease $14.76/SF/yr · vacancy 5.50% · expense 45.00%
Alternative Uses
Best Use
Multifamily LT 5
$152.7K
$133.6K – $178.1K
NOI $10,688 @ 7.0% cap · market cap 9.73%
Second Best
Apartment 5plus
$142.0K
$124.3K – $165.7K
NOI $9,942 @ 7.0% cap · market cap 9.05%
Theoretical Best
Office A
$258.5K
$226.2K – $301.6K
NOI $18,095 @ 7.0% cap · market cap 16.46%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
2
Residential units
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
477
Businesses Nearby
Explore this area
Business Placement
Demographics for 13069, NY
24,071
Population
10,593
Households
2.3
Avg Household Size
40
Median Age
19%
College-Educated
89%
High-School Grad
109.9 sq mi
ZIP Area
219
Density / Sq Mi
$63,156
Median Household Income
$44,073
Median Earnings
$878
Median Rent
$112,600
Median Home Value
Market
Vacancy Rate% for Multifamily in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - This two-unit property offers two bedrooms, one full bath, and in-unit laundry in each unit with separate utilities.
Where is this duplex located?
The property is located at 411 Oneida St Fulton, NY.
What is the asking price?
The asking price for this property is $109,900.
What are key features of this property?
This property features: 2‑unit multi‑family home built in 1910, with each unit offering 2 bedrooms and 1 full bath; In‑unit laundry in each unit, with washers and dryers conveying; Separate utilities for each unit
