Turnkey Two-Family Investment
14-16 Otsego Street Oneonta, NY 13820
For Sale
$240,000
MULTI_FAMILY - Other - Oneonta, NY
Property Size2,756 SF
Price / SF$87.08
Days on Market119
Property Features for 14-16 Otsego Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 6
- Bathrooms
- 2
- Rooms
- Bedroom 2, Bedroom 3, Bedroom 6, Bathroom 2, Bedroom 4, Bedroom 5, Bedroom 1, Basement, Bathroom 1
- Appliances
- WaterHeater
- Standard status
- Active
- APN
- 300.6-3-19
- Size
- 2,756 SF
Taxes and HOA fees
- Tax Annual Amount
- 2877
Utilities
- Heating system
- Natural Gas, Forced Air
- Water source
- Public
Building Details
- Year built
- 1920
- Floors in Building
- 2
- Number of units
- 2
- Flooring type
- Vinyl, Varies, Laminate
- Building materials
- WoodSiding
- Architectural style
- Other
Listing Agency:
River Hills Properties LLC Lf
(315) 508-5268
Listed By:
Brandon Mosher · License #10301224028
(315) 868-4596
Added: Mar 29
Changed: Jul 24
Last Checked: Jul 25 at 4:06PM
MLS# S1669841
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Investment Insights
Based on property information with market context.
Located in Oneonta, NY, 14-16 Otsego Street is a two-family property featuring 6 bedrooms and 2 bathrooms. Each unit offers 3 bedrooms. The property has separate utilities for each unit. 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 is part of a three-property investment package. The portfolio includes 1-3 Birch Street, a two-unit duplex with separate utilities, and 34 Pine Street, a two-unit duplex with separate utilities and additional garage rental income. The total portfolio NOI is $49,500, offered at a 7.125% cap rate, with 6 total units across 3 properties. The property is centrally located near schools, downtown, and amenities. The property has potential for future rent growth.
Key Highlights
- 14‑16 Otsego Street is a 2‑family duplex built in 1920 with 6 bedrooms and 2 bathrooms total.
- Each unit offers 3 bedrooms, with separate utilities for each side to help manage expenses.
- Owner pays only water and sewer; public water service is available.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Duplexes
FAQs
What type of property is this?
Duplex - Two-family property with strong rental history in Oneonta, NY.
Where is this duplex located?
The property is located at 14-16 Otsego Street 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: 14‑16 Otsego Street is a 2‑family duplex built in 1920 with 6 bedrooms and 2 bathrooms total.; Each unit offers 3 bedrooms, with separate utilities for each side to help manage expenses.; Owner pays only water and sewer; public water service is available.