Turnkey Two-Family Investment
For Sale
$240,000
14-16 Otsego St, Oneonta, NY 13820
Two-family property with strong rental history in Oneonta, New York.
Property Size2,756 SF
Days on Market210
Property Features for 14-16 Otsego St
General Information
Standard status
Active
Size
2,756 SF
Property subtype
Multi Family
Taxes and HOA fees
Annual Taxes
$2,877
Building Details
Building Size
2,756 SF
Year Built
1920
Stories
2
Units
2
Listing Agency:
River Hills Properties LLC
Listed By:
Brandon Mosher · License #10301224028
(315) 868-4596
Source:
Elliman
Added: Mar 31
Changed: Oct 26
Last Checked: Oct 26 at 5:46PM
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 River Hills Properties LLC
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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.
Property Analytics
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Location Intelligence
Trade Area within ½ mile
1,051
Businesses Nearby
Explore this area
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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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
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 $240,000.
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.
